Market Insights

Last Month in the Markets: September 1st – 29th, 2023 What happened in September? It was a difficult month for most investors as equities, the Canadian dollar and gold all lost value. The rising price of oil may have reduced the losses for the TSX, however a loss of more

The Federal Reserve’s next interest rate announcement is scheduled for September 20. Eight weeks will have passed since their last interest rate decision, in which time the U.S. will have released two rounds of consumer inflation and employment reports.

Like last month, July ended strongly. June 30 achieved an exceptional day of gains for equity indexes, while July earned its positive returns over the last two-thirds of the month. 

Last Month in the Markets – June 1st – 30th, 2023 (source: Bloomberg https://www.bloomberg.com/markets, MSCI https://www.msci.com/end-of-day-data-search and ARG Inc. analysis) What happened? Equities rose at a substantially higher rate in June than the previous five months of the year. For example, the TSX is ahead 4% in 2023 with ¾’s

The Future Looks Bright, Indeed! It has been said that millennials — those born from 1980 to 1994 — were the first generation worse off than their parents financially. Skyrocketing housing prices, a higher cost of education and a challenging economy, among others, were to blame. And while things didn’t look so great for the millennials a decade ago, recent studies suggest a different story.