Looking Back and Looking Forward Despite a weak September, Q3 saw the Canadian and U.S. equity markets rise ~1% and ~2%, respectively, On the surface, things seem to fine in equity land, but when one looks beneath the surface, there are some notable issues. As in recent quarters, the S&P 500 has been carried by …
Looking Back and Looking Forward After a not-so-great Q1, the U.S. equity market roared back in Q2. While Q1 saw the S&P 500 fall ~5%, it rose ~15% in Q2, putting it back on par with other major equity markets on a year-to-date basis. However, it was not so much the broad market that rallied …
Looking Back and Looking Forward 2026 started well for investors. Major global equity markets moved higher in the first two months of the year, generally speaking; however, when the United States and Israel began launching strikes on Iran in late February, markets began a leg down. By quarter-end, the S&P 500 was down 4.6%. In …
Looking Back and Looking Forward Most every major asset class rose in 2025 – a surprise to many given some of the unsettling events that have occurred over the past year. Major global equity markets posted double-digit gains. Major fixed income categories turned in comparatively modest (but positive) returns. Nothing, however, matched the unprecedented rise …
Looking Back and Looking Forward Across the globe, it was a solid Q3 for equities. While the U.S. continues to lag other major markets on a year-to-date basis, it saw a revival in Q3 on the prospect of Fed rate cuts in the context of a still-acceptable, albeit weakening, U.S. economy. The main driver of …
