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Anthony Layton MBA, CIM

Chairman & CEO, Portfolio Manager

Peter Guay MBA, CFA

Portfolio Manager
Contact
  • T514.875.7566 x 224
  • 1.800.875.7566
  • F514.875.9611
  • Place Alexis Nihon
  • 3400 de Maisonneuve Ouest,
    Suite 1501
  • Montreal, Quebec H3Z 3B8

The Markets in July: Market Statistics and Commentary

August 26, 2008 - 0 comments

Here are my thoughts on the Markets for July 2008.

• Inflation fears have now eased among central bankers as commodity prices
have dropped from their early July peaks. Accordingly, short term government
bond yields decreased (therefore increasing in price) in the U.S. and Canada.
• The S&P/TSX Composite declined 5.9% primarily due to commodity market
weakness. The U.S. S&P500 dropped 0.8%, but the strength of the U.S. dollar
reduced this loss to 0.4% for Canadian investors. The EAFE markets declined
2.0% during the month.
• The Canadian dollar was weaker, dropping below 0.97 USD by the beginning
of August. This is the lowest it has been since September 2007. It remained
stable against the Euro (0.6 EUR) and Yen (105 Yen).

Market Statistics (PDF)

Statistiques de marché (PDF)

 

The latest statistics are regularly available in the Broadcast Centre, Market Statistics and you'll find my comments archived in my Market Statistics & Commentary page.

By: Anthony Layton & Peter Guay with 0 comments.
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