MATCO QUARTERLY MACRO OVERVIEW – Q4 2021
Investment markets performed very well through 2021. The fourth quarter was no exception, with the Canadian equity market up approximately 6% and the U.S. equity market up approximately 11%. North American bond markets however paled in comparison, as interest rates moved higher putting downward pressure on bond prices.
As we look out to 2022, we remain positive on the prospects for continued economic growth and corporate earnings.
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