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At Eastport, we aim to be your keel, as on a boat – your point of balance, giving you directional stability. We help you get beyond thinking of money as the deep and unpredictable water you’re in. With our knowledge as your ballast, money can be the body that buoys you, propelling your good and purpose-rich life.

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Eastport Market and Economic Summary – October 2023

Equities in the U.S., Canada, and globally began the quarter on a positive note but faded in August and September, resulting in negative returns. However, year-to-date, equity markets remain in positive territory. Bond markets saw U.S. and Canadian yields rise due to credit rating downgrades and inflation concerns. Both presenting cheap buying opportunities for the long-term investor.



  • • S&P/TSX Composite range bound closing at 19,541.30 on Sep 29th
  • • S&P 500 hits 4-month low of 4,238.63 on Sep 27th
  • • Canadian dollar hits 11-month high of $0.7639 USD on July 14th
  • • WTI Oil strikes 12-month high of $95.03 USD on Sep 28th
  • • Bank of Canada increases overnight rate by 0.25% to 5.00% in Q3




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