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KEEL MAGAZINE

At Eastport, we aim to be your keel, as on a boat – your point of balance, giving you directional stability. We help you get beyond thinking of money as the deep and unpredictable water you’re in. With our knowledge as your ballast, money can be the body that buoys you, propelling your good and purpose-rich life.

April Market Insights

Market & Economic Summary – April 2022

The start to 2022 has been a volatile one. High inflation, rising interest rates and commodity prices, and geopolitical tensions with war are weighing on global economies, supply chains and consumers.

 

FIRST QUARTER HIGHLIGHTS

  • ● S&P/TSX Composite hits an all-time high of 22,152.90 on March 22nd
  • ● S&P 500 hits 9-month low of 4,157.87 on March 8th
  • ● Canadian dollar range-bound with a high of $0.8031 USD on Jan 12th
  • ● WTI Oil hits 14 year high on March 8th closing at $129.44 USD
  • ● Bank of Canada increased overnight rate by 0.25% to 0.50% in Q1

READ MARKET & ECONOMIC SUMMARY

 

 

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