{"id":2103,"date":"2026-01-16T15:50:56","date_gmt":"2026-01-16T15:50:56","guid":{"rendered":"https:\/\/wdsinvest.com\/?p=2103"},"modified":"2026-01-16T15:50:57","modified_gmt":"2026-01-16T15:50:57","slug":"results-at-a-glance-3q25-2","status":"publish","type":"post","link":"https:\/\/wdsinvest.com\/fr\/results-at-a-glance-3q25-2\/","title":{"rendered":"RESULTS at a glance &#8211; 4Q25"},"content":{"rendered":"<p>In spite of tariffs, international stocks (including Canada here) surged in 2025, achieving a rare victory over US stocks which themselves put up respectable performance. Bond yields have meanwhile demonstrated market jitters, rising in Canada and remaining relatively high in the US despite rate cuts. The Loonie managed to grow against the Greenback despite a rough year for oil, and gold experienced an unprecedented surge in value, reaching an all time high of over $4,600 before settling lower.<\/p>\n\n\n\n<p>Read more in\u00a0<em><a href=\"https:\/\/wdsinvest.com\/fr\/wds-resources\/investment-perspectives\/investment-perspectives-volume-21-no-2-december-2025\/\">Perspectives d'investissement<\/a>.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>MARKETS<\/td><td>YR-END<br>31-Dec-25<\/td><td>YR-END<br>31-Dec-24<\/td><td>CHANGE<br>THIS YEAR<\/td><\/tr><tr><td>S&amp;P\/TSX Composite<\/td><td>31,713<\/td><td>24,728<\/td><td>28.3%<\/td><\/tr><tr><td>S&amp;P 500<\/td><td>6,846<\/td><td>5,882<\/td><td>16.4%<\/td><\/tr><tr><td>EAFE<\/td><td>2,893<\/td><td>2,262<\/td><td>27.9%<\/td><\/tr><tr><td>GoC 10-Year<\/td><td>3.44%<\/td><td>3.22%<\/td><td>22bps<\/td><\/tr><tr><td>US Gov 10-Year<\/td><td>4.14%<\/td><td>4.57%<\/td><td>-43bps<\/td><\/tr><tr><td>CAD$ \/ US$<\/td><td>0.730<\/td><td>0.695<\/td><td>5.0%<\/td><\/tr><tr><td>WTIC Oil<\/td><td>$57.42<\/td><td>$71.72<\/td><td>-19.9%<\/td><\/tr><tr><td>Gold<\/td><td>$4,308.00<\/td><td>$2,610.90<\/td><td>65.0%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Returns are based on price change only, and exclude dividends.&nbsp; Foreign indices are in USD.<\/em><\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>Source:&nbsp;National Bank Financial,&nbsp;<em>Monthly Market Performance&nbsp;<\/em>as of December 31, 2025<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>In spite of tariffs, international stocks (including Canada here) surged in 2025, achieving a rare victory over US stocks which themselves put up respectable performance. Bond yields have meanwhile demonstrated market jitters, rising in Canada and remaining relatively high in the US despite rate cuts. The Loonie managed to grow<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2103","post","type-post","status-publish","format-standard","hentry","category-miscellaneous"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RESULTS at a glance - 4Q25 - Watson Di Primio Steel (WDS)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wdsinvest.com\/fr\/results-at-a-glance-3q25-2\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RESULTS at a glance - 4Q25 - Watson Di Primio Steel (WDS)\" \/>\n<meta property=\"og:description\" content=\"In spite of tariffs, international stocks (including Canada here) surged in 2025, achieving a rare victory over US stocks which themselves put up respectable performance. Bond yields have meanwhile demonstrated market jitters, rising in Canada and remaining relatively high in the US despite rate cuts. The Loonie managed to grow [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wdsinvest.com\/fr\/results-at-a-glance-3q25-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Watson Di Primio Steel (WDS)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.linkedin.com\/company\/watson-di-primio-steel-wds-investment-management-ltd-\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-16T15:50:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-16T15:50:57+00:00\" \/>\n<meta name=\"author\" content=\"Richard Coffin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@wdsinvest\" \/>\n<meta name=\"twitter:site\" content=\"@wdsinvest\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Richard Coffin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/\"},\"author\":{\"name\":\"Richard Coffin\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/person\\\/c9f9c7b6746ff469add60b674650c3ab\"},\"headline\":\"RESULTS at a glance &#8211; 4Q25\",\"datePublished\":\"2026-01-16T15:50:56+00:00\",\"dateModified\":\"2026-01-16T15:50:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/\"},\"wordCount\":147,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#organization\"},\"articleSection\":[\"Miscellaneous\"],\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/\",\"name\":\"RESULTS at a glance - 4Q25 - Watson Di Primio Steel (WDS)\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#website\"},\"datePublished\":\"2026-01-16T15:50:56+00:00\",\"dateModified\":\"2026-01-16T15:50:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/results-at-a-glance-3q25-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/wdsinvest.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RESULTS at a glance &#8211; 4Q25\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#website\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/\",\"name\":\"Watson Di Primio Steel (WDS)\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/wdsinvest.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#organization\",\"name\":\"WDS - Ottawa Wealth Management\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/favicon.png\",\"contentUrl\":\"https:\\\/\\\/wdsinvest.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/favicon.png\",\"width\":32,\"height\":32,\"caption\":\"WDS - Ottawa Wealth Management\"},\"image\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/watson-di-primio-steel-wds-investment-management-ltd-\",\"https:\\\/\\\/x.com\\\/wdsinvest\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/person\\\/c9f9c7b6746ff469add60b674650c3ab\",\"name\":\"Richard Coffin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3e53d0a3e1293a11eff19a818c9adf653479ab954672cab02303afa8f67c65e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3e53d0a3e1293a11eff19a818c9adf653479ab954672cab02303afa8f67c65e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3e53d0a3e1293a11eff19a818c9adf653479ab954672cab02303afa8f67c65e?s=96&d=mm&r=g\",\"caption\":\"Richard Coffin\"},\"url\":\"https:\\\/\\\/wdsinvest.com\\\/fr\\\/author\\\/rcoffin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RESULTS at a glance - 4Q25 - Watson Di Primio Steel (WDS)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wdsinvest.com\/fr\/results-at-a-glance-3q25-2\/","og_locale":"fr_FR","og_type":"article","og_title":"RESULTS at a glance - 4Q25 - Watson Di Primio Steel (WDS)","og_description":"In spite of tariffs, international stocks (including Canada here) surged in 2025, achieving a rare victory over US stocks which themselves put up respectable performance. Bond yields have meanwhile demonstrated market jitters, rising in Canada and remaining relatively high in the US despite rate cuts. The Loonie managed to grow [\u2026]","og_url":"https:\/\/wdsinvest.com\/fr\/results-at-a-glance-3q25-2\/","og_site_name":"Watson Di Primio Steel (WDS)","article_publisher":"https:\/\/www.linkedin.com\/company\/watson-di-primio-steel-wds-investment-management-ltd-","article_published_time":"2026-01-16T15:50:56+00:00","article_modified_time":"2026-01-16T15:50:57+00:00","author":"Richard Coffin","twitter_card":"summary_large_image","twitter_creator":"@wdsinvest","twitter_site":"@wdsinvest","twitter_misc":{"\u00c9crit par":"Richard Coffin","Dur\u00e9e de lecture estim\u00e9e":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/#article","isPartOf":{"@id":"https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/"},"author":{"name":"Richard Coffin","@id":"https:\/\/wdsinvest.com\/#\/schema\/person\/c9f9c7b6746ff469add60b674650c3ab"},"headline":"RESULTS at a glance &#8211; 4Q25","datePublished":"2026-01-16T15:50:56+00:00","dateModified":"2026-01-16T15:50:57+00:00","mainEntityOfPage":{"@id":"https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/"},"wordCount":147,"commentCount":0,"publisher":{"@id":"https:\/\/wdsinvest.com\/#organization"},"articleSection":["Miscellaneous"],"inLanguage":"fr-FR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/","url":"https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/","name":"RESULTS at a glance - 4Q25 - Watson Di Primio Steel (WDS)","isPartOf":{"@id":"https:\/\/wdsinvest.com\/#website"},"datePublished":"2026-01-16T15:50:56+00:00","dateModified":"2026-01-16T15:50:57+00:00","breadcrumb":{"@id":"https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wdsinvest.com\/results-at-a-glance-3q25-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wdsinvest.com\/"},{"@type":"ListItem","position":2,"name":"RESULTS at a glance &#8211; 4Q25"}]},{"@type":"WebSite","@id":"https:\/\/wdsinvest.com\/#website","url":"https:\/\/wdsinvest.com\/","name":"Watson Di Primio Steel (WDS)","description":"","publisher":{"@id":"https:\/\/wdsinvest.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wdsinvest.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"https:\/\/wdsinvest.com\/#organization","name":"WDS - Ottawa Wealth Management","url":"https:\/\/wdsinvest.com\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/wdsinvest.com\/#\/schema\/logo\/image\/","url":"https:\/\/wdsinvest.com\/wp-content\/uploads\/2016\/01\/favicon.png","contentUrl":"https:\/\/wdsinvest.com\/wp-content\/uploads\/2016\/01\/favicon.png","width":32,"height":32,"caption":"WDS - Ottawa Wealth Management"},"image":{"@id":"https:\/\/wdsinvest.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/watson-di-primio-steel-wds-investment-management-ltd-","https:\/\/x.com\/wdsinvest"]},{"@type":"Person","@id":"https:\/\/wdsinvest.com\/#\/schema\/person\/c9f9c7b6746ff469add60b674650c3ab","name":"Richard Coffin","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/secure.gravatar.com\/avatar\/d3e53d0a3e1293a11eff19a818c9adf653479ab954672cab02303afa8f67c65e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d3e53d0a3e1293a11eff19a818c9adf653479ab954672cab02303afa8f67c65e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d3e53d0a3e1293a11eff19a818c9adf653479ab954672cab02303afa8f67c65e?s=96&d=mm&r=g","caption":"Richard Coffin"},"url":"https:\/\/wdsinvest.com\/fr\/author\/rcoffin\/"}]}},"_links":{"self":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts\/2103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/comments?post=2103"}],"version-history":[{"count":2,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts\/2103\/revisions"}],"predecessor-version":[{"id":2116,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts\/2103\/revisions\/2116"}],"wp:attachment":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/media?parent=2103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/categories?post=2103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/tags?post=2103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}