Posted on: May 7, 2024
April saw a general pullback in the markets. Inflation in the US and Canada came in slightly higher than expected which stoked further fears of a higher-for-longer interest rate mandate in the US. However, stretching things out a bit further, the markets have been on a spectacular run since October 28th 2023, so the markets pulling back for a month isn’t the worse thing from a long-term investment perspective.
Posted on: May 7, 2024
March was a solid month for the markets. As we have grown accustomed to, inflation and interest rates dominated much of the conversation. The last month also saw oil continue its rebound.
March Market Performance:
Posted on: March 6, 2024
With an extra day in the calendar, the Leap Year proved to be a positive for the markets. February saw the markets continue their recent upward trajectory.
February Market Performance:
Posted on: February 7, 2024
Good Afternoon,
The month of January saw the ‘Magnificent 7’ (Apple, Amazon, Alphabet, Nvidia, Meta, Microsoft, Tesla) in the US continue to prop up the market, along with further announcements from the Fed.
Posted on: January 9, 2024
Posted on: December 7, 2023
Christmas came early for the capital markets this year. November proved to be an excellent month across multiple asset classes.
November Market Performance:
Posted on: November 2, 2023
October proved to be a spooky month for the markets. The negative returns were a result of mixed corporate earnings, macroeconomic data, and geopolitical tensions.
October Market Performance:
Posted on: November 2, 2023
The ‘September Effect’ is a calendar-based market anomaly where stock market returns are consistently negative for the month. Of course, this theory may or may not apply depending on the year. But, it certainly proved true in 2023.
September Market Performance:
Posted on: September 6, 2023
After a good July, August saw the markets pull back until the 24th, and then pare some of those losses to close out the month.
August Market Performance:
Posted on: August 4, 2023
The month of July saw a positive run in the markets. For a nice change of pace, the returns were more spread out this past month instead of being more concentrated in the mega-cap tech names.
July Market Performance:
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