5 from 5i: The US yield curve spread and recent recessions

Barkha Rani Feb 10, 2023
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Market View

Russia will reduce its oil output by 500,000 barrels per day in March, nearly 5% of Russia’s most recent crude oil output. Treasury yields rose this week putting pressure on North American equities. The Canadian dollar was 74.89 cents USD. The U.S. S&P500 ended the week down 1.0%, while the TSX was up -0.4%.

 

A week of mixed bag including an 8.5% drop in healthcare and a 5.7% drop in consumer discretionary. Technology gave up 2.1%. Energy and consumer staples added 4.0% and 2.1%, respectively. Financials ended the week relatively flat. The most heavily traded shares by volume were Auxly Cannabis Group, Athabasca Oil Corp, and Tamarack Valley 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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