recent market commentary
USD August Market Performance
Equity markets (MSCI ACWI Index) declined by 2.8% in USD during August. Declines were widespread across all major regions and style factors.
USD August Market Performance
Equity markets (MSCI ACWI Index) declined by 2.8% in USD during August. Declines were widespread across all major regions and style factors.
CAD August Market Performance
The CAD depreciated by 2.4% vs. the USD during the month.
CAD July Market Performance
The CAD strengthened by 0.4% vs. the USD during the month.
USD July Market Commentary
Equity markets (MSCI ACWI Index) continued to appreciate strongly and were up 3.7% in July in USD. Once again, gains were widespread across all major regions and style factors.
Silicon Valley Bank Event
SVB, the 10th largest US bank, was shut down by regulators due to insolvency on Friday March 10, 2013. The bank had a classic mismatch in its assets and liabilities, including a significant amount of deposits from Silicon Valley start-ups and high-growth technology and healthcare companies.
Market Update Feb 2022
Update on market outlook: potential capital markets impact of Russian invasion of Ukraine Since its beginning, 2022 has been challenging to investors and the geopolitical
Market Update May 2022
Market declines YTD and perspectives on high-quality growth stocks Although we recently provided a quarterly update, the equity markets have continued to decline since then. Additionally,
Market Update Sept 2021
Update on market outlook: heightened US market volatility expected and perspectives on Emerging Markets We hope everyone enjoyed the summer and are staying safe and
Market Update Jan 2021
Update on market outlook: after COVID resurgence, vaccine news and US election results Happy New Year! We hope everyone enjoyed the holiday season and are
Market Update May 2020
Update from April 14 Memo: recent market events and continued positioning in high quality stocks We hope everyone is enjoying the start of spring and
Market Update April 2020
Update from April 2 Memo: market outlook and positioning after continued sharp rally We hope you had a nice Easter holiday and that everyone is
Market Update April 2020
Update from March 16 Memo: financial market seizure and policy-induced rebound A lot of has happened with the spread of Coronavirus (COVID-19), its effect on
Market Update March 2020
Reflections on steep Coronavirus-induced market declines and impact on BCA 7-yr Capital Market Assumptions Risk assets (equities, credit, and emerging market bonds) have declined significantly
