5 from 5i: A history of commodity booms and busts

Barkha Rani Jun 25, 2021
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Market View

A dip in oil prices weighted on TSX futures. US markets showed optimism as President Joe Biden reached an infrastructure deal with a bipartisan group of senators. Gold rose as the US dollar as the infrastructure deal supported an appetite for riskier currencies. The Canadian dollar was 81.38. U.S. S&P500 ended the week up 2.5%, while the TSX ended the week up 0.6%.

It was a relatively calmer week with healthcare adding 4.9%, followed by energy gaining 4.8%. Consumer discretionary and financials added 1.6%, and 1.2%, respectively while technology and telecommunications ended the week flat. REITs gave up 0.8%. The most heavily traded shares by volume were Bombardier, BlackBerry, and Birchcliff Energy.

5 from 5i

Here are five reads we found interesting last week:

Happy Reading & Stay Safe!


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Disclosure: Please note that the author does not hold a financial or other interest in stocks or funds mentioned.



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