5 from 5i: The 2023 Credit Suisse Global Investment Returns Yearbook

Barkha Rani Feb 24, 2023
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Market View

Minutes from last Federal Reserve meeting signaled that interest rates would remain higher for longer. An expected rise in US inventories pushed down Brent crude prices. The Canadian dollar was 73.45 cents USD. The U.S. S&P500 ended the week down 2.6%, while the TSX was down 1.6%.

This week had more reds than greens. Technology slid by 3.5%, while financials gave up 1.4%. Consumer discretionary ended the week down 0.9%, while healthcare and energy both slid by 0.7%. The most heavily traded shares by volume were Suncor Energy, Manulife Financial, and Athabasca Oil.

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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