Paul's Market Insights
Paul's Market Insights is our bi-weekly communique to provide clients with current insights on financial markets.
Written by Paul Siluch
May 23rd, 2024
My wife and I just returned from Spain and Portugal where we walked the final 100km of the Portuguese Camino trail. This is one of the historic pilgrim routes to the cathedral at Santiago de Compostella in Spain, a church built to honour the apostle St. James. Approximately 440,000 pilgrims walked all or part of one of the 13 Camino routes in 2023, which is 1,200 pilgrims per day entering the city.
The final point, the cathedral square, is a very busy place.
Most people participate to enjoy the walk, although surveys say 45% of walkers are there for religious, spiritual, or health reasons. As hikes go, it was relatively easy, although consecutive days of 20+ kilometres do take their toll.
Two observations about the walk.
