Market Recap & Box Score

Our regular summary of the capital markets. Check back each month for new updates.

Monthly Recap: July 2017

Most asset classes exhibited strength through July, with the exception being the TSX.  Since the calendar year peak on 21-Feb-17, the Canadian equity benchmark has shed 5% (as at 24-Jul-17).  The recent weakness is surprising considering that oil (+9.4%), gold (+0.7%) and the Bloomberg Commodity Index (+4.5%) have been climbing in July.   Similarly, the S&P …

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Monthly Recap: June 2017

Commodities and equities continued down opposite paths in June. While the S&P 500 and MSCI Indices notched gains of 2.5% and 1.3%, respectively, oil tumbled 15.3% during the month as fundamental concerns once again brushed off another OPEC rumour. The Bloomberg Commodity Index was down 5.2% in June and 11% for the year. This weakness …

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Monthly Recap: May 2017

The S&P500 and MSCI World Index extended their winning streaks by climbing 0.5% and 1.3%, respectively, during the period. The gains were achieved despite a mid-month head-fake, when the two benchmarks dropped 1.8% and 1.2%, respectively, on 17-May-17. Volatility briefly returned as rumours of a Donald Trump impeachment were sparked by the firing of FBI …

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