“Learn from yesterday, live for today, hope for tomorrow” – Albert Einstein
Happy New Year!
After a difficult 2018, where markets drew down by ~20% from July until December 24th, markets rebounded handsomely in 2019, with strong returns across the board.
The Nasdaq, one of the major U.S. indexes, led the way with a final return of 35.24%. On the lower end of the scale, the FTSE 100, the United Kingdom’s major index, gained “only” 12.31%, no doubt hampered by the ongoing Brexit saga. In Canada, the S&P/TSX Composite enjoyed a gain of 19.13%.
All in all, it was a great year for portfolio returns.
You can look forward to our January E-Newsletter, which will include some useful informational pieces including a full market outlook for 2020, in mid- to late-January.
2019 Results – By The Numbers
|North America||2019 Start||2019 Finish||2019 % Change|
|Canada – S&P TSX Composite||14,323||17,063||19.13%|
|USA – Dow Jones Industrial Average||23,327||28,538||22.34%|
|USA – S&P 500||2,507||3,231||28.88%|
|USA – NASDAQ||6,635||8,973||35.24%|
|Gold Futures (USD)||$1,285.00||$1,520.00||18.29%|
|Crude Oil Futures (USD)||$45.83||$61.21||33.56%|
|CAD/USD Exchange Rate||$0.73||$0.77||5.08%|
|Europe / Asia||2019 Start||2019 Finish||2019 % Change|
|MSCI World Index||1,885||2,358||25.09%|
|Switzerland – Euro Stoxx 50||3,001||3,748||24.89%|
|England – FTSE 100||6,728||7,556||12.31%|
|France – CAC 40||4,731||5,978||26.36%|
|Germany – DAX Performance Index||10,559||13,249||25.48%|
|Japan – Nikkei 225||20,015||23,657||18.20%|
|China – Shanghai Composite Index||2,494||3,050||22.29%|
|CAD/EURO Exchange Rate||€ 0.64||€ 0.69||6.99%|
|Fixed Income||2019 Start||2019 Finish||2019 % Change|
|10-Year Bond Yield (in %)||2.690||1.919||-28.66%|
Sources: Yahoo Finance, CNBC.com
This information is provided for general information purposes only. It does not constitute professional advice. Please contact a professional about your specific needs before taking any action.