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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 2021

Markets in the first quarter of 2021 have been marked by ongoing volatility as the world recovers from the negative effect of the first waves of the COVID-19 pandemic.

 

FIRST QUARTER HIGHLIGHTS

  • • S&P/TSX Composite hits an all-time high of 19,037.1 on March 17th
  • • S&P 500 hits record high of 3,994.41 on March 31st
  • • Canadian dollar hits 3-year high of $0.8097 USD on January 3rd
  • • WTI Oil hits 23-month high on March 5th closing at $66.42 USD
  • • Bank of Canada maintains overnight rate at 0.25% in Q1

READ MARKET & ECONOMIC SUMMARY

 

 

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