Evolving Times | Weekly Newsletter
The S&P 500 hit its first closing high of 2025 last week, marking the strongest opening week for a U.S. president since Reagan in 1985. On Monday, Trump was sworn in as the 47th President of the United States, while Bitcoin surged to a record $110,000 during the ceremony. Trump quickly signed multiple executive orders and addressed the World Economic Forum in Davos, calling for lower oil prices and an end to the Ukraine war.
Investors are watching earnings season as major tech companies report results this week. Central banks are also in focus, with the Federal Reserve expected to hold rates steady and the Bank of Canada likely to cut rates by 25 basis points on Wednesday.
We want you to stay in tune with the movements in the markets, so we have carefully selected these articles for you. As always, we hope you enjoy and welcome your feedback.
Evolve ETFs opens the market!
Evolve Canadian Aggregate Bond Enhanced Yield Fund?(Ticker: AGG)
The Evolve ETFs team was thrilled to ring the opening bell for the Evolve Canadian Aggregate Bond Enhanced Yield Fund (TSX: AGG) on Wednesday. As Canada’s first Canadian aggregate bond covered call fund, AGG aims to deliver attractive monthly income and long-term capital appreciation.
Evolve US Banks Enhanced Yield Fund: Q4 2024 earnings roundup
Evolve US Banks Enhanced Yield Fund?(Ticker: CALL)
American banks reported a record-breaking quarter, driven by surging trading activity around the U.S. election and a rebound in investment banking deal flow. Earnings reports from major U.S. banks highlight robust profits and broad revenue growth. Key themes include soaring trading and investment banking revenues, higher net interest income (NII), and effective cost management, despite ongoing macroeconomic challenges.
Tech giants are putting $500bn into 'Stargate' to build up AI in US
Evolve Artificial Intelligence Fund?(Ticker: ARTI)
The creator of ChatGPT, OpenAI, is teaming up with another US tech giant, a Japanese investment firm and an Emirati sovereign wealth fund to build $500bn of artificial intelligence (AI) infrastructure in the United States.?The new company, called The Stargate Project, was announced at the White House by President Donald Trump who billed it "the largest AI infrastructure project by far in history".
Trump signs executive order promoting crypto, paving way for digital asset stockpile
Evolve Bitcoin ETF?(Ticker: EBIT)
President Donald Trump signed an executive order on Thursday to promote the advancement of cryptocurrencies in the U.S. and to work toward potentially developing a national digital asset stockpile.?“The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our Nation’s international leadership,” the order states.
Trump says he’ll ask Saudi Arabia to ‘round out’ investment pledge in U.S. to $1 trillion
Evolve S&P 500? Enhanced Yield Fund?(Ticker: ESPX)
U.S. President Donald Trump on Thursday touted Saudi Arabia’s pledge to invest $600 billion in America in the next four years, while suggesting the figure should actually be higher.?The Crown Prince expressed “the kingdom’s desire to expand its investments and trade relations with the United States in the next four years by an amount of $600 billion, expected to increase if additional opportunities become available,” the Saudi report said.
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With $7 billion in assets under management, Evolve is one of Canada’s fastest growing ETF providers since launching its first ETF in September 2017. Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve’s suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long term investment themes; and (iii) some of the world’s leading investment managers. Established by a team of industry veterans with a proven track record of success, Evolve creates investment products that make a difference. Learn more at?www.evolveetfs.com
Disclaimer
The contents of this newsletter are not to be used or construed as investment advice or as an endorsement or recommendation of any entity or security whatsoever. The opinions in these articles are those of the author and the publication and do not necessarily represent the opinions of Evolve Funds Group Inc., its partners, service providers, employees or associates.? ?
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