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September Was a Bad Month for the S&P 500 and October Could Be Worse

Historically, September is the worst month for stocks. And September 2022 continued that tradition with heavy selling sending the S&P 500 to its June lows and re-entering bear market territory, which is defined as a drop of 20% or more from most recent highs. While September’s unprecedented sell-off was bad, October could be even worse. […]

Canadian Dollar Hits Two-Year Low on Fears of a Recession

The Canadian dollar performed well in the months following the coronavirus-fuelled stock market crash, rising approximately 22% to $0.8329 U.S. The Canadian loonie barrelled higher on stronger commodity prices and optimism around the roll-out of the COVID-19 vaccine. Fast forward a year and it’s a different story altogether, with the Canadian dollar falling to its […]

Stocks Rebound on Positive Earnings and a Less Hawkish Federal Reserve

US and Canada Stock Market

Canadian and American stocks have taken a beating since the start of 2022 amidst a backdrop of surging inflation, rising interest rates, and concerns about a recession. But investors have been given a slight reprieve after a fall in long-term inflation expectations suggests the U.S. Federal Reserve will not raise its key lending rate a […]