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Stocks have fallen from their record levels at the end of 2021 with the S&P 500 flirting with correction territory, which is defined as a 10% drop (but less than 20%) from its most recent peak. The Nasdaq meanwhile is nearing a Bear market, which is when the market falls by more than 20% from […]

COVID-19 wreaked havoc on the Canadian and global economies. In February 2020, prior to the COVID-19 economic shutdown, the unemployment rate was 5.6%. Just three months later, the jobless rate hit a record high 13.7%. Since then, as the economy has reopened, Canada’s unemployment rate has steadily fallen. In fact, Canada’s jobless rate plunged to 5.5% in […]

The TSX, Canada’s main stock index is the leading North American Index right now. Trading at record levels, the TSX is up 3.6% year-to-date and 17.5% year-over-year. This far outpaces the S&P 500, which is down 3.5% in 2022 and up 16% year-over-year. Canadian stocks are not the only investing opportunity attracting attention, the Canadian […]

The TSX, Canada’s main stock index has been setting a number of record highs, while U.S markets notch up some of their best weeks in more than a year. The bullish sentiment comes on the heels of hawkish sentiment from the U.S Federal Reserve after it raised interest rates and said it hopes for a […]

When it comes to investing, the global traders are generally focused on the U.S. markets. It makes sense since the U.S. is the largest economy in the world and home to the tech-heavy NASDAQ. But the Russian invasion of Ukraine has pushed up commodity prices at the same time that central banks are raising their […]

Stocks were volatile heading into 2022 as fears of rising interest rates, soaring inflation, and the ongoing pandemic weighed down on stocks. Global stocks took another hit when Russia invaded Ukraine on February 24. The U.S. stock market entered correction territory, which is defined as a 10% drop from its most recent peak. Growth stocks […]

Crude oil has experienced some of the wildest price swings in history. In April 2020, during the opening months of the COVID-19 pandemic, U.S. crude oil futures turned negative for the first time in history, with sellers offering $37.63 per barrel. Fast forward two years and fears that Russia will invade Ukraine have sent crude […]

The consumer-led pandemic recovery is in high gear. You only need to look at the inflationary data to see that. In January, Canada’s inflation rate hit a 30-year plus high, with the consumer price index up 5.1% from a year earlier. This exceeded market expectations of 4.8%. What Is Canada’s Inflation Rate? This marks the […]