Cacic Wealth Management

Check out our latest market update below for the week ending Nov 22, 2025

MORE COMMON THAN YOU THINK! People seem to be concerned regarding the S&P 500 being up more than 20% so far this year. It appears that many people believe that this is unsustainable and there must be a correction coming soon. Times like these are a good opportunity to look at history as our guide, which will also temper our em...

Check out our market update below for the week ending July 26, 2024.

BANK OF CANADA CUTS AGAIN! On Wednesday, the Bank of Canada cut its key interest rate by 0.25% for the second time. The Bank of Canada rate now stands at 4.5%, which is 50 basis points (0.50%) below where it was at the beginning of June. The governor of the Bank of Canada, Tiff Macklem, also stated that it would be reasonable...

Check out our market update for the week ending June 07, 2024.

THE FIRST AND THE SECOND DOMINOS FALL! On Wednesday, the Bank of Canada cut the benchmark overnight rate by 25 basis points to 4.75%. Canada is the first of the G-7 central banks to cut interest rates. Less than 24 hours later, the European Central Bank announced that they also cut their bank rate by 25 basis points to 3.75%. Tiff Mackle...

Check out our market update below for the week ending May 17, 2024

WILL IT BE A LONG FED PAUSE? The US Federal Reserve hiked interest rates a total of 11 times between March 2022 and July 2023. This made borrowing more expensive and the stock market also logged a lousy 2022. Analysts currently predict that the Fed will hold interest rates steady through the next few meetings. The Fed has taken...