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FINANCIAL MARKETS |
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December 31, 2023 Canadian and U.S. equities were positive over the quarter. Yields fell through the quarter. Government bonds outperformed corporate bonds, and long-term bonds outpaced short-term bonds. Here are the financial markets at a glance.
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CANADIAN EQUITIES |
U.S. EQUITIES |
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Sector |
Sector |
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WORST PERFORMERS BEST PERFORMERS |
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Company size performance comparison |
Company size performance comparison |
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What’s working/What’s not working
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What’s working/What’s not working
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GLOBAL EQUITIES |
CANADIAN FIXED INCOME |
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Regional* .jpg?quality=high&width=351&height=251&name=INV-3005-FinancialMarketGlance-EN-Map(Dec2023).jpg) Company size performance comparison
What’s working/What’s not working
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Yields fell this quarter. Long-term bonds outperformed short-term bonds. Government bonds outperformed corporate bonds. Relative bond performance
Bond yield
Yield on the Canada 2-year fell from 4.87% to 3.88%. |
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* Representative indexes are as follows: Canadian Equities – S&P/TSX Composite TR Index, U.S. Equities – S&P 500 TR Index, Emerging Markets – MSCI Emerging Markets GR Index, European Equities – MSCI Europe GR Index, Asian Equities – MSCI Pacific ex Japan GR Index, Japanese Equities – MSCI Japan GR Index.
Source: Morningstar Research Inc. as of December 31, 2023. © 2023 Morningstar Research Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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This article includes forward-looking information that is based on the opinions and views of Empire Life as of the date stated and is subject to change without notice. The information contained herein is for general purposes only and is not intended to be comprehensive investment advice. We strongly recommend that investors seek professional advice prior to making any investment decisions. Empire Life and its affiliates assume no responsibility for any reliance on or misuse or omissions of the information contained herein.
December 2023
