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Global equity markets finished largely flat over the week ended February 16. The week wasn’t without volatility as investors continued to monitor incoming data to predict when central banks would begin lowering interest rates. The S&P/TSX Composite Index advanced, led by the strong performance of the Energy sector. U.S. equities moved lower over the week. Yields on 10-year government bonds in Canada and the U.S. increased. The price of oil moved higher, while gold prices dropped.
Canada’s real estate market activity climbs higher
U.S. inflation ticks lower
U.K. economy enters technical recession
Lower spending weighs on Japan’s economic growth
Mike Sukhram, MBA, FMA, PFP, CIM | Financial Advisor
Carte Wealth Management Inc. | Main Street Advisor Group Inc.
1000-2680 Skymark Avenue, Mississauga, ON L4W 5L6
Mutual Funds and ETFs are provided through Carte Wealth Management Inc.
Insurance products such as segregated funds, life, disability, and critical illness insurance are offered through Carte Risk Management Inc.
Banking services through referral arrangement.
Mike Sukhram is a financial advisor in Mississauga serving clients in the GTA, Oakville, Brampton, Etobicoke, Toronto, and Burlington areas. He specializes in investments and insurance strategies to help professionals, executives and business owners with their retirement plans.