The Federal government has reassured Canadians that the economy will come roaring back once COVID-19 restrictions are lifted. Despite this optimism, a number of worrying cracks are appearing in the Canadian economy that could undermine that growth. How Is the Canadian Economy Doing? In January 2021, the Canadian economy grew 0.7%; a big jump from […]
13
Apr
Apr
It’s tough to find analysts that are bearish on the U.S. economy right now. Stocks are at record levels and encouraging economic data is coming out of the U.S. But the fact remains, we’re not out of the woods yet. First, the number of new COVID-19 cases in the U.S. is extremely high. On top […]
06
Apr
Apr
It’s been an amazing year for stocks. But that’s all relative. On March 23, 2020, the stock markets bottomed, hammered by fears of the coronavirus. It was a short-lived stock market crash. From the peak to trough, it took just 33 trading days for the S&P 500 to plunge 34%. By August, the stock market […]
A lot has happened over the past year since the start of the quickest, most violent stock market correction in history. In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the March market conditions. U.S. markets continued to extend their gains in mid-February. Both U.S. stock market indices managed to find […]
30
Mar
Mar
It’s been a banner year for cannabis stocks with more and more U.S. states legalizing recreational marijuana. This has led many industry experts to wonder when weed will become legal on the federal level in the U.S. Well, it might be sooner rather than later. Mexico made the surprise announcement that it is set to […]
23
Mar
Mar
It’s impossible to predict what the stock market, or any index, like the S&P 500 or Nasdaq, is going to do in any given year. This unpredictability and volatility leads many investors to believe they can’t invest on their own and should pay a fund manager to do it for them. Not taking control of […]
16
Mar
Mar
In an effort to battle COVID-19 and save their economies from collapse, governments around the world borrowed unprecedented amounts of money to support their citizens and businesses. At the same time, central banks slashed their key lending rates to make borrowing cheaper. With the rollout of vaccines taking place and an opening of the economy […]
09
Mar
Mar
The year 2020 will be remembered for the coronavirus pandemic, global recession, and a record stock market run. Despite global economic upheaval, stocks rallied with all of the major indexes, the S&P 500, Nasdaq, Dow Jones Industrial Average, and Toronto Stock Exchange hitting record levels. The unprecedented run has led to stocks being overvalued. Since […]
02
Mar
Mar
Despite the sell-off in tech stocks, the broader stock market is still treading near record levels. And while there is decent economic data rolling in, stock valuations are still frothy with many analysts saying we’re in a stock market bubble. Others of course believe the equity bubble is not as stretched as it seems. On […]
26
Feb
Feb
Back in January we cautioned that while growth stocks were the biggest winners in 2020, they were ripe for a pullback in 2021. Because of weak economic growth, investors turned to growth stocks, looking for outsized gains. Tech stocks have soared since March 2020, but so too have their valuations. With bond yields going higher, […]
