May 2025 – Market Commentary

April was, quite clearly, a month filled with turbulence.

The Bank of Canada fears the country could enter a recession this year if the Canada–U.S. trade standoff continues in the coming months.

In the United States, many companies are opting to freeze hiring, uncertain about what the future holds.

The IMF is now expressing pessimism regarding the Eurozone’s economic growth in 2025.

British consumer confidence has hit rock bottom.

And China is launching a battle against the dominance of the U.S. dollar in international trade.

What do you think?

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