Last Month in the Markets: October 1st – 31st, 2023: The 10th month of 2023 provided significant uncertainty and volatility.

Last Month in the Markets – June 1st – 30th, 2023: Equities rose at a substantially higher rate in June than the previous five months of the year. For example, the TSX is ahead 4% in 2023 with ¾’s of that gain occurring last month. The Dow rose 4½% last month and is now nearly 4% in-the-black for the year.

Last Month in the Markets: November 1st – 30th, 2023: The major North American indexes were led by the NASDAQ with a 10½ percent increase, the Dow and S&P 500 at nearly 9 percent, and the TSX delivered a very healthy gain of more than 7 percent.

Last Month in the Markets: September 1st – 29th, 2023: It was a difficult month for most investors as equities, the Canadian dollar and gold all lost value. The rising price of oil may have reduced the losses for the TSX, but on a broad-based basis a loss of more than 3½% for the month did not deliver the desired results.

Last Month in the Markets – August 1st - 31st, 2023: On a monthly basis North American equity indexes did not perform well, losing about 2%, and trimming year-to-date performance for the TSX and Dow to less than 5%. 

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Last Month in the Markets – July 3rd – 31st, 2023: North American equity indexes added another 2 to 4 percent to their year-to-date advances on positive news on the inflation, jobs, and monetary policy fronts.

Last Month in the Markets – April 3rd – 28th, 2023: Last month demonstrated the resiliency of equity markets. After a quick rise to begin the month, North American indexes suffered a hiccup.

Last Month in the Markets – May 1st – 31st, 2023: Last month saw divergence among major North American equity indexes with two increasing and two decreasing in value.