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The third quarter was a quieter one for central bankers, as only one rate hiked was announced in each Canada and the US. Inflation numbers did not see much movement, and public investors responded by selling assets for fear of...
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The second quarter offered positive but mixed results for equity investors. Strong gains in big tech facilitated a welcome rebound for investors who suffered the biggest declines on their growth portfolios in 2022.
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The big news story this quarter was the collapse of Silicon Valley Bank. In a nutshell, the decision makers of this mid-sized US bank made a bad judgement call and invested the majority of the banks reserve assets into long...
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The fourth quarter brought some relief to investors as most asset classes experienced strong rallies. On the equity front, major North American indexes were up roughly 5-7% while the MSCI World index rallied 9.4%.
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The month of July, and some of August, offered a brief reprieve from the Bearish sentiment that has dominated public markets since the beginning of the year.
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