Equity markets have continued to break records during November advancing quietly due to less trade news relative to the rest of the year. The S&P TSX Composite (YTD gain 18.5%) is on track to finish the year at its highest calendar year return in a decade, and the S&P 500 (YTD gain 24.2%) is on track to record its highest calendar year return since 2013. No discussion of market performance would be complete without a discussion of risk, which we'll get into as we continue.
Equity markets fared well throughout the month with the S&P 500 rising to new heights to lead the way. The positive performance can be largely attributed to improving trade sentiment globally while central banks continue to reiterate their accommodative stance.
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The Street (BNN)
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