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 […]
The positive start to the new year for investors was “put on ice” in February as stocks stalled and bond yields rose again. Read the February 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market developments Most major stock indexes fell in February, sparked by rising bond […]
By CI GAM Investment Management team and CI Global Asset Management Silicon Valley Bank: a brief company overview SVB Financial Group (SIVB US) is a diversified financial services company, which provides personalized financial solutions to private equity/venture capital professionals and executives of innovation companies. Silicon Valley Bank (SIVB) is the company’s principal core business, offering […]
Investors had lots to cheer this January. Stocks rose, bond yields fell and inflation cooled again. There were also early signs central bank rate hiking might be paused soon as well as positive economic news coming from Europe and China. After a bruising 2022, it’s a promising start to the New Year. Read the January […]
The fourth quarter started well for investors, with Canadian and U.S. stocks up over 10% in the first two months and bond prices rebounding, but the rally faded in December and the year ended disappointingly. COVID-19 and market developments Despite a few good trading days, Canadian, U.S. and global equities dipped through December, dashing hopes […]
Investors had a lot to feel optimistic about in November as equity markets rallied again, inflation continued cooling and the Fed signaled rate increases might be slower and smaller as we head into 2023. Market developments U.S., Canadian and global equities carried their promising momentum from October into November, posting back-to-back monthly gains with the […]
October was a better month for investors as equity markets rallied defiantly despite ongoing news headlines about rate hikes, inflation and mixed earnings from major U.S. tech and banking companies. Market developments U.S., Canadian and global equities bounced back from a disappointing Q3, rising through the month before dipping on the final day as investors […]
What does “mark-to-market” mean in investments? How do we apply it in the real world? When you buy a share of a company, you are effectively paying for the assets and the future earnings of the company. It sounds like a long-term commitment. Since markets are open 7-8 hours a day, five days a week; […]
Currency exchange rates joined the ongoing themes of inflation, central bank policy and oil prices preoccupying investors during September. Here’s a summary of the events that steered the markets. COVID-19 and market developments It was another tough month for equities after the Fed reiterated it would continue on its monetary tightening path for as long […]
The U.S. housing market was the epicenter of the 2008/09 financial crisis that had global ramifications. Toxic assets, built with derivatives and based upon questionable mortgages, made their way into many investment portfolios around the world. Not surprisingly, when that house of cards eventually folded, this sector of the U.S. economy was hit very hard. […]
