September begins with a sense of renewed routine as kids head back to school and many of us settle into fall schedules. Markets also carried strong momentum into the new month, with August marking the fourth consecutive monthly gain for the S&P 500, up 1.9% (Source: Bloomberg September 1, 2025). Historically, September has sometimes produced softer returns, but when strength builds over several months as we have just seen, it often points to a healthy underlying trend. While short-term pullbacks can occur, the resilience shown over the summer suggests the broader market backdrop remains constructive.
Earnings season added another highlight last week as Nvidia reported revenue of $46.7 billion, a 56% increase year-over-year, led by its data center segment. While some investors were cautious about slightly softer numbers in that division and the continued absence of China sales, the results still reinforced Nvidia’s leadership in AI and the longer-term growth story.
Looking ahead, attention turns to the U.S. Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation measure, along with labour market data that will provide important context for policy expectations. Fed Chair Jerome Powell’s recent comments at Jackson Hole leaned dovish, highlighting labour market risks while keeping inflation on the radar—leaving markets confident a September rate cut is likely. In Canada, retail sales and consumer confidence figures will offer further insight into domestic demand and set the stage for next week’s CPI release, helping shape expectations for the Bank of Canada into the fall.
In advance of next week’s CPI data release here in Canada, we have received the latest on Canada’s Q2 GDP growth. We have an excellent article on the rationale for Canada’s shrinking GDP growth and what it means investors moving forward.
There are still lots of reasons to be optimistic about market performance for the remainder of the year. We have an interesting article that outlines what the market outlook is for the rest of the year. Check it out!
We are big fans of dividend paying stocks! They provide good tax relief through the dividend tax credit and tend to be less volatile in terms of growth, to name a few. We have an insightful article on the benefits of dividends to investors.
We are willing to bet that you have likely never heard of the new trend in toys called Labubu. We have an article that details what Labubus are and how they are making a lot of money-for now.
The Toronto International Film Festival turns fifty! We have fifty of the top moments that have defined the TIFF for both Toronto and Canada as a whole. Check out this interesting article!
Have an amazing week!
