by Brent Vandermeer | Jun 17, 2021 | Market Commentary
May 2021 Economic Optimism Canadian and U.S. equity markets rose through the month, with the S&P/TSX 60 up 4.60% and the S&P 500 up 0.18%, which ended the month early on 28‐May as U.S. markets were closed for Memorial Day. The TSX has outperformed the S&P...
by Brent Vandermeer | May 12, 2021 | Market Commentary
April 2021 Commodity Rallies Financial markets showed broad‐based strength through the month as the economic recovery continued. Although COVID‐19 cases were rising in some regions, investors showed a higher tolerance when pursuing a reflation trade, boosting prices...
by Brent Vandermeer | Apr 12, 2021 | Market Commentary
March 2021 Improving Outlook It has been one year since the S&P 500 hit a bottom on March 23rd. Since then, the index had gained nearly 75% and is showing few signs of slowing. The S&P/TSX Composite has similarly returned over 65%, although these returns have...
by Brent Vandermeer | Mar 12, 2021 | Market Commentary
February 2021 Inflation Concerns During the month, yields on long‐dated government bonds spiked, representing the growing unease market participants are having with higher inflation expectations. These higher yields carried through into a sell‐off of stocks that have...
by Brent Vandermeer | Feb 9, 2021 | Market Commentary
January 2021 The Great Demand Last month seemed to have a different market‐shaping event every other day. While the introduction of a vaccine will help mitigate some future volatility around COVID‐19 infection rates, it’s already obvious 2021 will not be a ‘snooze’...
by Brent Vandermeer | Jan 12, 2021 | Market Commentary
December 2020 How Much Upside is Left? The juxtaposition of strong financial markets within a struggling global economy in 2020 highlighted how different the two can act. The S&P 500, typically a bellwether for stocks due to its broad sector diversification and...
