Market Recap & Box Score

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

Monthly Recap: August 2017

Markets pulled-back in August as the MSCI World, S&P 500, and TSX indices all registered losses for the month.  The MSCI World fared the best with a 0.8% drop, likely aided by currency as the USD continued to weaken.  The value of the greenback relative to a basket of foreign currencies is 10.7% in 2017.  …

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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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