Month in Review - March 2022

Stock markets recovered in March with fears of an escalation of the Ukraine war fading, the TSX Composite gained 3.7%, while the S&P 500 (in CAD) increased 2.6%. The Canadian Universe Bond Index had one of the worst quarters ever, falling another 3.0% on the month and 7.0% for the quarter resulting in poor performance for the traditional 60/40 portfolio consisting of sixty percent equities and forty percent bonds.

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