April 4, 2023

Markets were generally down on Tuesday with the S&P 500 down 0.6% although Toronto was about unchanged.

The great majority of the stocks that I monitor were down.

The Brookfield Office Property rate reset preferred shares were down once again. Presumably that’s on credit concerns linked to weakness in the commercial office market.

Going the other way, Constellation Software was up 2.4%. 

Former President Trump was formally arrested and charged with felony crimes. It appears that protests against his arrest were not not that large. Hopefully protests will remain peaceful.

By next week the market should be turnings its attention to the Q1 earnings reports – unless something else distracts which is always possible.

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