Market insights and articles we found interestingEvery day at Clayline Wealth we read news and articles from a wide range of sources. Below are some of the highlights that we think might help you in your financial choices. If you have any questions about the content in them, please contact us, we are happy to help.
We also regularly post links on Twitter to articles we find interesting.
With the calendar turning over to April at the end of this week, we can officially put a pin in the first quarter of 2022. The first quarter saw North American, European, and Asian equity markets print negative quarterly numbers for the first time since the Covid outbreak in 2020.
The market rally continued this week, although slower than the previous week. Clayline Wealth is now concerned that the bounce-back rally is nearly played out and a retest of the early March lows is in play. While we will certainly visit this idea in the future, we wanted to dedicate this month’s email to the other side of your portfolio: Fixed income (FI).
Another negative week for global stock markets finished with some excellent news. The Canadian jobs report came out and exceeded all expectations. Canada added 337,000 jobs in February, making up for all the jobs lost in the month of January
We have all heard the maxim “Buy the rumor. Sell the news.” and this week proved that it is still quite valid. As Russia unleashed the full force of a modern army on the peaceful citizens of Ukraine this past Wednesday night, the media narrative said to expect equity markets to fall, oil prices would spike, and volatility would climb to heights not seen since the Covid crash of 2020.
As of this writing, it appears we will have another negative week for global stock markets. The month of February has also fallen into the red. The culprit this week was squarely the build-up of Russian troops along the Ukraine border.
Another down week for global markets as the potential for a Russian invasion of Ukraine coupled with a more hawkish sounding federal reserve sent markets lower on Thursday and Friday. We are very comfortable with the cash we have raised and our asset positioning