Simplii and Diljit Dosanjh team up on eve of Dil-Luminati tour Feb 24th
Contributing to your grandchild’s RESPs: What grandparents need to know + MORE Dec 1st
Before the Bell: U.S. futures muted, Canadian investors weigh earnings - The Globe and Mail Nov 9th
“Real value lies in giving people meaningful work and helping them avoid burnout” Aug 16th
Warren Buffett says U.S. shouldn’t use ‘trade as a weapon’ as Berkshire Hathaway holds meeting - The Globe and Mail May 3rd
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…
