Insights

Following a challenging 2022, when stock and bond markets saw notable declines, much of the damage was repaired in the first seven months of 2023. By the end of July, the S&P 500 Index was up nearly 20%, thanks to significant gains among some of its technology...

It has been a rather extraordinary six months in the stock market thus far in 2023. It is not the absolute returns represented by the stock market indices that has been most unusual, it is how concentrated those gains were, particularly in the US. The...

The first quarter of 2023 had a few notable causes for concern. There was the collapse of two sizable banks (Silicon Valley Bank and Credit Suisse), two more rate hikes by the US central bank, the ongoing Russian-Ukraine war, and elevated US-China tensions...

January 17, 2023 For investors that own a mix of equities and bonds, 2022 was a challenging year in the financial markets. While most people are accustomed to the occasional stock market downturn, the fixed income component of their portfolio usually...

January 6, 2021 As much as we would all like to forget 2020, that will be an impossible task. The novel coronavirus presented serious health challenges, particularly to the most vulnerable in our society, and the forced lockdowns created economic and...

October 9, 2020 The third quarter of 2020 produced solid returns for equities (the TSX gained 3.8%, while the S&P 500 rose 8.5%), led by the heavy-weight technology stocks. Other parts of the stock market — including banks and energy producers — lagged...

July 21, 2020 In recent weeks, polls and betting markets have indicated a rising probability that Joe Biden will win the US presidential election. Moreover, oddsmakers are also placing an increasing likelihood that the Democrats could win control of the...

July 10, 2020 The second quarter of 2020 brought some welcome relief within financial markets following the extreme tumult that characterized the first three months of the year. The TSX and S&P 500 indices leapt 16% and 20%, respectively, bringing them...