5 from 5i: Early warnings signs of a 2023 economic slowdown

Barkha Rani Dec 09, 2022
Headline image for 5 from 5i: Early warnings signs of a 2023 economic slowdown

Market View

China began implementing relaxed anti-COVID-19 measures this week boosting hopes for global economic growth. Investors await key inflation data and a Federal Reserve meeting on interest rates next week. A key inflation measure showed price pressures have cooled off but remained stubbornly high in November. The Producer Price Index rose 7.4% in November, down from 8.1% gain reported in October. Gold prices rose steadily while oil slid this week. The Canadian dollar was 73.28 cents USD. The U.S. S&P500 ended the week down 2.1%, while the TSX was down 2.0%.


Most sectors ended the week in the red. Healthcare gave up 10.7%, while energy slid 8.3%. Technology edged lower by 3.6%, while financials slipped by 1.8%. Consumer discretionary ended the week flat while consumer staples gained 1.9%. The most heavily traded shares by volume were Crescent Point Energy Corp, Crew Energy, and Argonaut Gold Inc.

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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