June 1, 2026 Market Commentary
In the current situation, oil prices have jumped sharply since the fighting began, and we are now seeing the impact of higher energy prices spreading to almost every sector of the economy.
In the current situation, oil prices have jumped sharply since the fighting began, and we are now seeing the impact of higher energy prices spreading to almost every sector of the economy.
The Bureau of Labor Statistics (BLS) released the Employment Situation for April. The U.S. added 115,000 non-farm jobs, helped by strength in the stalwart Healthcare sector.
Wall Street recently got important and timely news on inflation, first from the Consumer Price Index (CPI). The report signaled that the Iran War is starting to impact prices and measured pricing trends through March.
A group of indicators from Federal Reserve banks and the Department of the Treasury show that the U.S. financial system is functioning normally despite the war in Iran.
Canada's 4Q25 GDP recently surprised on the downside, contracting by 0.6% and bringing the full year 2025 figure down to growth of only 1.7%.
The U.S Supreme Court has struck down a large portion of the tariff's that have become a key element of President Trump's economic agenda.
