5 from 5i: The bad vibes economy

Barkha Rani Jun 10, 2022
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Market View

Gold prices weakened softening TSX’s weekly return. The US dollar and oil prices rose this week. The Canadian dollar was 78.19 cents USD. U.S. S&P500 ended the week down 5.2%, while the TSX also ended the week down 3.1%.


It was a week of reds. Healthcare declined 11.0%, followed by technology, which declined by 5.0%. Financials gave up 4.0%, while consumer discretionary and consumer staples ended the week down 2.8%. The most heavily traded shares by volume were Baytex Energy, Athabasca Oil Corp, and Cenovus 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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