The start and end of 2023 presented starkly different scenarios for investors. The year began with trepidation following a tumultuous 2022 but concluded on a high note as inflation slowed and equities yielded substantial returns.
FOURTH QUARTER HIGHLIGHTS
- • S&P/TSX Composite hits 20-month high of 21,091.10 on Dec 27th
- • S&P 500 hits 23-month high of 4,793.30 on Dec 28th
- • Canadian dollar hits 42-month high of $0.7199 USD on Oct 31st
- • WTI Oil strikes 6-month low of $67.71 USD on Dec 13th
- • Bank of Canada maintained overnight rate at 5.00% in Q4
READ MARKET & ECONOMIC SUMMARY