Global equity markets were relatively flat last week (up 3.5% in the prior week). The S&P 500 is down 14% YTD. We are expecting continued pressure on equity markets amid rising rates, inflation, and slower global GDP growth forecasts.
Valuations of gold producers were down 2% last week (flat in the prior week); base metal producers were up 4% (up 3% in the prior week).
Currently, the global MCAP of cryptos is US$1.23T, down 26% MoM, and 25% YoY.
Currently, there are 3,321 retail cannabis stores in Canada, an increase of eight stores WoW, including five in Ontario, two in Alberta, and one in B.C.
