Luft Financial | Elevate your Wealth | Vancouver Wealth Management firm
2021 Review 2021 was an exceptionally strong year for global equities, although market volatility in the first three weeks of this year already makes those gains seem like a distant memory. The TSX Composite surged 21.7% in 2021, its best annual performance since 2009, with eight of its 11 sectors recording double-digit returns. The energy […]
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Market & Economic Environment Last month saw the major North American indices give back some of their October gains as Omicron cases began to spike across the globe, while inflation data pointed to the certainty of interest rate hikes from the U.S. Federal Reserve in 2022. The TSX Composite declined 1.8% in November, as some […]
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Market & Economic Environment North American indices rebounded strongly in October, with the TSX posting a record streak of 14 consecutive up days as it rose to a new all-time high and the S&P notching its best October gain in six years. Despite losing some ground in the last week of October, the TSX Composite rose 4.8% for the month as it bounced back from September’s 2.5% drop, its biggest decline in a year. Gains were led by the […]
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Market & Economic Environment September lived up to its reputation of being one of the worst months for stock performance. Most major indices declined, and U.S. equities registered their biggest monthly drop since March 2020, as investors grappled with a growing number of risk factors. The TSX Composite’s 2.5% decline last month was its biggest […]
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Market & Economic Environment As global equities continued to advance in August, year-to-date gains for many major indices around the world ranged from 18% to 20%. The TSX rose 1.5% last month, bringing its year-to-date gain to 18.1%. Most groups in the index rose, led by information technology, communication services and industrials, while decliners were […]
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Market & Economic Environment Global equities turned in a mixed performance in July, with North American and European indices adding to their substantial gains from the first half of the year, while some major Asian bourses including Hong Kong, China and Japan posted significant declines for the month. The TSX advanced 0.61% last month, bringing […]
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