MARKET SUMMARY— Yesterday American voters went to the poles to vote in what has been one of the most bitter and divisive U.S. Presidential election campaigns in recent political history. Widely broadcast scandals plaguing both the Republican candidate, real estate billionaire Donald Trump, and the Democratic candidate, former secretary of state Hillary Clinton, ultimately appeared to set the stage for voters to potentially select between the lesser of two evils, and between two candidates whose political viewpoints and experience, and personal styles have radiated at the opposite ends of the political spectrum.

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MARKET SUMMARY— Volatility in the financial markets picked up during the month of September and continued into October after relatively smooth sailing throughout August. There wasn’t too much excitement when it came to equity market returns. The S&P/TSX Composite delivered a total return of +0.62% for October while the S&P/TSX Venture had a negative performance, taking back -3.42% from investors.

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MARKET SUMMARY— June was a tumultuous month for financial markets in the wake of the Brexit vote, which resulted in an outcome that sent shock waves through the global financial markets. Global equities took a hit but rebounded through the last couple of days in June after investors recovered from the initial surprise. This upward trend continued into July and by late summer most markets had returned to their pre-Brexit levels.

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MARKET SUMMARY— Global equity markets were stronger in May relative to the earlier few months, despite higher ongoing levels of global uncertainty. The S&P/TSX Composite posted a total return gain of 1.00% for May, while the smaller cap S&P/TSX Venture gained just over 0.50%. To the south, U.S. equity markets fared even more positively with the S&P500 index posting a total return gain of 1.80% while the NASDAQ closed out the month with a solid 3.84% gain.

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