Market Commentary Fall 2022

Market Overview

The first half of 2022 has seen broad declines to both equity and fixed-income markets as investors continued to digest the new rising rate environment. The central banks have taken particularly aggressive moves in raising interest rates to help curb persistently high inflation, to the surprise of some market participants. By the end of August, the Bank of Canada had raised interest rates four times since the start of the year, taking the overnight rate from 0.25%, where it stood since March of 2020, to 2.5% — its highest since the global financial crisis almost 15 years ago...  Read More

Portfolio Commentary - Fall 2022.pdf