5 from 5i: Bubbles aren't just for stock markets

Barkha Rani Nov 18, 2022
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Market View

Canada’s inflation rate held steady in October at 6.9%, increasing the likelihood of the Bank of Canada’s rate hike in the coming month. Oil fell for a second week on weakening demand in China while gold prices held steady. The Canadian dollar was 74.76 cents USD. Both the U.S. S&P500 and the TSX ended the week down 0.7%, each.


It was a week of relatively muted but mixed returns. Consumer discretionary and industrials added 1.8%, each, while consumer staples gained 1.2% and financials ended the week flat. Energy slid by 3.2%, while technology gave up 1.8%. The most heavily traded shares by volume were Algonquin Power & Utilities Corp, Suncor Energy, and Baytex Energy.  

5 from 5i

Here are five reads we found interesting last week:

Happy Reading & Stay Safe!


Disclosure: The analyst(s) responsible for this report do not have a financial or other interest in securities mentioned.



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