Canadian Dollar Takes Beating after Trump Hammers Trudeau in Twitter Tirade

Canadian Dollar

The Canadian dollar took a drubbing after U.S. President Donald Trump ramped up criticism on Prime Minister Justin Trudeau and threatened the county with additional tariffs, following a less than successful Group-of-Seven (G7) meeting in Quebec. Of particular concern is Trump targeting Canada’s automobile sector. Trump continues to rail against Canada’s dairy industry. On the […]

President Trump Hits Canada, Mexico, EU with Steel and Aluminum Tariffs

USA Economy Global Market Trading

On May 31, President Donald Trump announced that the U.S. is imposing a 25% tariff on steel and 10% tariff on aluminum from three of its biggest allies, Canada, Mexico, and the European Union. Trump, who campaigned on his America First platform, has long blamed the rest of the world for his country’s alleged problems. […]

Cannabis Stocks Heating Up as Legalization of Recreational Marijuana Expected in Canada in Coming Months

Steel and Aluminum Tariffs

Canada Set to Legalize Recreational Use of Marijuana The recreational use of marijuana in Canada is expected to be legalized in the coming months. To meet the expected demand for marijuana, some of the industry’s biggest cannabis growing companies are hoping to grab an even bigger piece of this burgeoning, lucrative market. Legalizing the recreational […]

Tensions in Middle East Rise: Israel Rocked by Dozens of Deaths as U.S. Opens Embassy in Jerusalem

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Hundreds Killed as U.S. Opens Jerusalem Embassy Tensions in the Middle East are at a tipping point. Less than a week after Trump announced the U.S. was withdrawing from the Iran nuclear deal (infuriating both Iran and the five other signatories—U.K., Russia, France, China, and Germany), the Middle East was rocked by violence and death […]

Despite a Solid Q1 Earnings Season, Confidence in Stock Market Is Tumbling

Steel and Aluminum Tariffs

Investors Are Increasingly Pessimistic about the Stock Market Despite Wall Street reporting solid first quarter earnings, investors have become increasingly pessimistic about the future of the stock market. After a tumultuous start to the year, investor sentiment has gone from euphoric to negative. Stocks have struggled to break out of a tight trading range since […]