Category: Market commentary

Market & Economic Environment Global equities added to their record November gains last month, to cap a strong quarter and end one of the most volatile years in memory on a positive note. As the rollout of vaccines to combat Covid-19 commenced in December, optimism that economies would gradually return to normal helped prop up […]

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Market & Economic Environment  Global equities declined in October, posting their biggest weekly drop since March in the last week of the month. Risk appetite was hampered by lockdown measures in some countries that were necessitated by surging coronavirus cases, as well as uncertainty surrounding a potential U.S. stimulus deal. The TSX Composite fell 3.4% […]

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North American and global indices retreated in September, weighed down by growing concerns about a second wave of COVID cases worldwide and uncertainty surrounding a potential U.S. stimulus deal, but still ended the third quarter with solid gains. The TSX Composite posted an overall Q3 gain of 3.9% after declining 2.4% in September; the energy […]

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Market & Economic Environment It was full steam ahead for the equity markets in August, as investors anticipated a return to global growth, alongside a slowing trajectory of new COVID cases. This enthusiasm combined with favorable central bank policies led U.S. indices to post their best August performance in decades. The Dow Jones Industrial Average […]

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Market & Economic Environment:  North American indices started the third quarter on a solid note, following a historic rally in Q2 that pared most of their steep Q1 losses. The TSX Composite gained 4.2% last month, its best monthly performance since April, as all 11 industry groups advanced. Surging gold mining and forestry stocks made […]

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Market & Economic Environment: Global markets advanced for the second month, as U.S. indices posted one of their fastest-ever rebounds from a bear market. Investor optimism over reopening of economies around the world overshadowed a continued run of weak economic data, a steady increase in global coronavirus cases, and deteriorating relations between the U.S. and […]

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