The beginning and the end of 2023 were like night and day for investors. The year started with trepidation after a turbulent 2022, but ended with optimism as inflation eased and equities posted handsome returns. Equities and bonds This was a comeback year as U.S., Canadian and global equities achieved double-digit gains. U.S. stocks in […]
Capital markets bounced back in November, solidifying the status of 2023 as a comeback year. Read the November 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market developments Equities posted strong monthly gains driven by investor optimism that central banks might be finished with rate hikes. The […]
In October, financial markets were fragile as investors reacted cautiously to geopolitical tensions in the Middle East. Read the October 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market developments Despite a final day rally driven by tech stocks and corporate earnings, equity markets declined in October […]
Interest rates, inflation and a slowing economy were top of mind for investors in September as the month and third quarter ended on a low note. Read the September 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market developments Equity markets dipped for the second straight month […]
August has historically been a weak-performing month for investors and it once again lived up to its reputation. Read the August 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly Market Commentary Equity markets ended August lower but remain up year to date. U.S. indexes were pulled down […]
Investors held onto their recent gains in July. Read the July 2023 Market Commentary here. Here’s a summary of the events that steered the markets. Monthly market developments U.S., Canadian and global equities had another positive month with the S&P 500 Index in particular notching its fifth straight month of gains. Most sectors contributed including […]
The 2023 recovery continued in June. Read the June 2023 Market Commentary here. Here’s a summary of the notable events that steered the markets. Monthly market developments U.S., Canadian and global equities ended the month, quarter and first half of 2023 in positive territory. Technology was again the leading sector with the Nasdaq logging its […]
May was a mixed bag for investors. Read the May 2023 Market Commentary here. Here’s a summary of the notable events that steered the markets. Monthly market developments Equities were broadly flat as the banking sector, falling oil prices and the U.S. debt ceiling drama in Congress weighed on performance. The main exception was the […]
The promising start to 2023 continued for investors in April as stocks posted more gains, bond yields were stable and inflation cooled again. Read the April 2023 Market Commentary here. Here’s a summary of the main events that steered the markets. Monthly market developments Equity markets ended higher for the second month in a row. […]
It was “all’s well that ends well” for investors in March as following a swift response from central banks to a mid-month scare involving banking stocks, markets rallied and continued their good start to 2023. Read the March 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market […]
