Capital gains tax in Canada, explained + MORE Jun 16th
Home Capital: Finance billionaire Smith bets Canada’s housing slump won’t last - BNN Bloomberg Nov 21st
Stock market news live updates: Stocks fall as earnings roll in, yields charge ahead - Yahoo Canada Finance Oct 20th
What to do if you went over your RRSP contribution limit Jun 19th
Apple's MM1 AI Model Shows a Sleeping Giant Is Waking Up - WIRED Mar 19th
Making sense of the markets this week: July 10
– moneysense.ca
The first half of 2022 asset scorecard—not good
The S&P 500 entered a bear market last month and recorded its worst first half since 1962, down 20.6%. The NASDAQ fell almost 30%, while the S&P/TSX Composite ended the first six months down 11%.
And of course, there was no safety in bonds. Thanks to rising rates, bonds did not go up in price as stocks got crushed. Central bankers turned hawkish to combat inflation. Yields on global bonds rose from an average of 1.3% on January 1, 2022 to 3% by the end of June, leading to a 14% drop in global bond returns.
Here’s a table outlining the returns for Canadian sectors, factors and bonds. You’ll also find broad international equity markets for comparison. All are listed in Canadian dollars (CAD).
Source: Mercer / Refinitiv
As for U.S. sectors, you’ll find these in this Liz Sonders tweet…
