Sorry, you need to enable JavaScript to visit this website.
Skip to main content
Skip to main content

United States

What Will Hold Trump Back?
In light of President Trump’s address to Congress and the ebb-and-flow of tariff announcements, our Geopolitical strategists assessed the constraints on the administration’s disruptive agenda. Trump’s ability to implement his agenda is strongest in early…
Daily Insights by Felix-Antoine Vezina-Poirier
ISM Services Sends A Stagflationary Signal
ISM Services Sends Stagflationary Signal …
Daily Insights by Felix-Antoine Vezina-Poirier
Fed Beige Book Shows Slowing Growth, And Rising Price Pressures
The Federal Reserve’s Beige Book shows a slowing economy, a moderating labor market, and rising price pressures.  The latest Beige Book is in line with other sentiment indicators showing slower growth and decreased confidence following the post-election…
Daily Insights by Felix-Antoine Vezina-Poirier
US High-Quality Strategy: Tailwinds Are Picking Up

The US High Quality (USHQ) portfolio slightly underperformed in February, returning -0.7%, whilst its SPY benchmark returned -0.6%. While we continue to monitor the portfolio monthly, over a quarter-on-quarter basis, USHQ posted meaningful outperformance vs. benchmark, generating +130bps of excess return, while also exhibiting lower volatility and drawdown.

Equity Analyzer by Guy Russell, Shi Li
The Trade War Is On
The Trump administration launched its biggest trade action on Tuesday, levying 25% tariffs on Canadian and Mexican goods, and an additional 10% to current tariffs on Chinese imports. Given its crucial role in US supply chains, Canadian energy only sees a 10%…
Daily Insights by Felix-Antoine Vezina-Poirier
Keep An Eye On This Inflation Chart
Leading US growth indicators have slowed, with economic surprises now in negative territory. However, Monday’s ISM Manufacturing showed that while activity is slowing due to tariffs uncertainty, supply-side price pressures are increasing. Our Price…
Daily Insights by Felix-Antoine Vezina-Poirier
What Will Hold Trump Back?

Trump will pull back from the trade war when stocks approach bear market territory. He will not withdraw from NATO. Favor European stocks on fiscal policy.

Geopolitical Strategy by Matt Gertken
Trump Chaos: Double Down On Defensives
Our Geopolitical strategists received a lot of client questions following rapid US political developments, and addressed them in their latest report. US policy uncertainty is spiking, driving global uncertainty higher. Tariff implementation in March and…
Daily Insights by Felix-Antoine Vezina-Poirier
ISM Manufacturing: A Stagflationary Impulse
The February ISM Manufacturing index was weaker than expected, declining to 50.3 from 50.9. New orders plunged to 48.6 from 55.1, with employment also contracting. Price pressures however increased. Prices paid and suppliers’ delivery times jumped to their…
Daily Insights by Felix-Antoine Vezina-Poirier
Escaping Europe’s Liquidity Trap

Europe’s resilience to global liquidity deterioration isn’t a fluke—it signals a structural shift. Our latest report explains why the decline in precautionary money demand marks the end of Europe’s liquidity trap and what it means for investors.

European Investment Strategy by Mathieu Savary

Related Topics

Australia Canada Europe Japan New Zealand