Stocks were broadly lower as sentiment appeared to take a blow from a sharp increase in longer-term bond yields and fears of a sharp slowdown in China.
The major benchmarks ended mixed for the week, as investors weighed inflation data against worries over the recent rise in long-term interest rates.
Calgary Alberta
401-255 17th Ave SW Calgary, AB
T2S-2T8
Join our Weekly Newsletter! We promise we won’t spam.
© Copyright All rights Reserved. ClearWater, like all providers of personal financial services is required by law to inform their clients of their policies regarding privacy of client information. The information in this material is not intended as tax or legal advice. ClearWater is a registered business in ALBERTA. Provided content is for informational purposes only. Website Designed and Created by SWOON Creative Media.
ClearWater Market Commentary as of August 25th, 2023
Benchmark returns varied for the week as investors seemed to react to mixed signals on the economy and the course of monetary policy.