The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
FX Trader, Loonieviews.net
Summary: Today's Canadian jobs print was a blockbuster, with 106,500 new positions added in April – the largest employment rise in the country's history.