by Brent Vandermeer | Jan 24, 2022 | Market Commentary
We want to take the opportunity to wish you a Happy New Year from your CrossPoint Financial Team. COVID is very much still a force in all of our lives which makes all things a little more challenging, but hopefully, this will pass soon, and we can get back to a level...
by Brent Vandermeer | Dec 20, 2021 | Market Commentary
November 2021 Uncertainty Stifles Growth Equity markets were on track to close another month at all‐time highs before the Omicron variant spooked investors and applied downward pressure in the last week of November. Should Omicron prove to be more transmissible and...
by Brent Vandermeer | Nov 12, 2021 | Market Commentary
October 2021 Back to Black After pulling back in September as markets coped with concerns over higher inflation, the S&P 500 hit a new all‐time high in October. Canada’s major exchange, the S&P/TSX, had its longest winning streak in history, notching 14...
by Brent Vandermeer | Oct 14, 2021 | Market Commentary
September 2021 “The September Effect” Nearly all financial assets traded down during the month, outside of energy‐related equities and commodities. A slowing Chinese economy, potential U.S. domestic policy errors, and stagflation fears dominated headlines...
by Brent Vandermeer | Sep 10, 2021 | Market Commentary
August 2021 New Revenue Streams Global risk appetite improved, with stock markets rising while commodity and fixed income markets declined. Although the Delta variant is slowing the reopening in some regions, companies continued to raise earnings estimates. At the...
by Brent Vandermeer | Aug 12, 2021 | Market Commentary
July 2021 New Industries and Old Jeff Bezos, who founded Amazon in 1994 as an online bookstore, has left the position of CEO after amassing a nearly $200 billion fortune. Bezos will continue to serve on the board of directors while also pursuing his interest in space...