Interest rate volatility rebounded sharply last week, while U.S. Treasuries had their worst week in 2023.

All major central banks raised interest rates again, but with different magnitudes and language.

In a surprise move, the Bank of Canada (BoC), after raising its policy rate by 25 bps, announced a pause at its current level (4.5%) unless economic data surprises on the upside.

After today’s hike, The Fed Funds rate will have increased by the most amount since the six months ending March 1981.

Below are answers to our client’s most frequently asked questions on recession risk, French elections, Chinese equities, the cryptocurrencies crash and our asset allocation preferences.

Historically, November has been the best month of the year for the stock market. While the month started off on the right foot, Fed tightening talks and Omicron anxiety spoiled the party in the last few days. Please find below the 10 stories to remember from an eventful month.