August has historically been a weak-performing month for investors and it once again lived up to its reputation. Read the August 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly Market Commentary Equity markets ended August lower but remain up year to date. U.S. indexes were pulled down […]
Investors held onto their recent gains in July. Read the July 2023 Market Commentary here. Here’s a summary of the events that steered the markets. Monthly market developments U.S., Canadian and global equities had another positive month with the S&P 500 Index in particular notching its fifth straight month of gains. Most sectors contributed including […]
The 2023 recovery continued in June. Read the June 2023 Market Commentary here. Here’s a summary of the notable events that steered the markets. Monthly market developments U.S., Canadian and global equities ended the month, quarter and first half of 2023 in positive territory. Technology was again the leading sector with the Nasdaq logging its […]
May was a mixed bag for investors. Read the May 2023 Market Commentary here. Here’s a summary of the notable events that steered the markets. Monthly market developments Equities were broadly flat as the banking sector, falling oil prices and the U.S. debt ceiling drama in Congress weighed on performance. The main exception was the […]
The promising start to 2023 continued for investors in April as stocks posted more gains, bond yields were stable and inflation cooled again. Read the April 2023 Market Commentary here. Here’s a summary of the main events that steered the markets. Monthly market developments Equity markets ended higher for the second month in a row. […]
It was “all’s well that ends well” for investors in March as following a swift response from central banks to a mid-month scare involving banking stocks, markets rallied and continued their good start to 2023. Read the March 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market […]
The positive start to the new year for investors was “put on ice” in February as stocks stalled and bond yields rose again. Read the February 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market developments Most major stock indexes fell in February, sparked by rising bond […]
By CI GAM Investment Management team and CI Global Asset Management Silicon Valley Bank: a brief company overview SVB Financial Group (SIVB US) is a diversified financial services company, which provides personalized financial solutions to private equity/venture capital professionals and executives of innovation companies. Silicon Valley Bank (SIVB) is the company’s principal core business, offering […]
Investors had lots to cheer this January. Stocks rose, bond yields fell and inflation cooled again. There were also early signs central bank rate hiking might be paused soon as well as positive economic news coming from Europe and China. After a bruising 2022, it’s a promising start to the New Year. Read the January […]
The fourth quarter started well for investors, with Canadian and U.S. stocks up over 10% in the first two months and bond prices rebounding, but the rally faded in December and the year ended disappointingly. COVID-19 and market developments Despite a few good trading days, Canadian, U.S. and global equities dipped through December, dashing hopes […]
