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The Way We Were

2022 was a very difficult year for the global financial markets.  Both North American stock and bond markets suffered double-digit negative returns.  As measured by the Nasdaq Index, technology stocks fared the worst, ending the year down over 30%.  In Canada, the average return for a Canadian balanced fund was a loss of 12%. Hemisphere Capital Management (“HCM”) clients fared significantly better as we were able to avoid the carnage….

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