Month in Review - April 2023
Markets were up again in April with the TSX Composite outperforming the S&P 500 as it gained 2.9%, while the S&P 500 finished up 1.8% (in CAD).
Bond market volatility continued, as the Canadian Universe Bond Index zig-zagged all month before finishing up 0.9%. Once again, we’re keeping our eyes on the bond market for economic signals regarding interest rates and the state of the economy, but for the safety portion of the portfolio, we prefer private credit and private real estate as they are currently less volatile in this inflationary investing environment.
