A Day of Reckoning: Are Stocks Gearing Up for a 90% Stock Market Crash in 2021?

Stock Market Crash

Could Stocks Crash in 2021? The global stock market crash of 1929 and U.S. stock market crashes of 1987, 1990, 2000, 2008, and 2020 wiped trillions off the books and decimated a lot of stock portfolios. But some believe another day of reckoning is coming for the stock market, one that could see stocks crater […]

These Two Indicators Say Stock Are Extremely Overvalued and Ripe for Another Crash

Corona Stock Market Crash

The stock market rebounded from the COVID-19-fueled sell-off in record time. But the rapid ascent of the S&P 500, Nasdaq, and Dow Jones Industrial Average has many asking if stocks are overvalued. Especially in light of the fact that the U.S. is in a recession, the coronavirus pandemic has left millions of Americans and Canadian […]

Another Stock Market Sell-Off Could See Stocks Tumble to Their March Lows

Stock Market

Is There Going to Be Another Stock Market Crash? Over the last number of months, tech stocks led the markets to record territory. The unprecedented run during the historically quiet summer months surprised many investors. But after stocks cratered in March on coronavirus fears, few expected stocks to experience another crash or correction. The big […]

The Stock Market Had Its Best August in More Than 30 Years, But September Could Tell a Different Story

How Did Stocks Do in August? The broader markets crumpled in March on fears that the coronavirus was going to cobble Wall Street. COVID-19 has wreaked havoc on the global economy, but the markets have been going in the opposite direction, with investor optimism fueled by encouraging economic data and the Federal Reserve’s loose monetary […]

Stocks Overvalued as S&P 500 Hits Record Levels, Marking the Shortest Bear Market in History

Stock Overvalued

When Did The S&P 500 Hit a New Record? That was quick. The S&P 500 hit a record intra-day high on Wednesday, August 12 of 3,387.89, besting the previous record closing level of 3,387.15 from February 19. The S&P 500 closed out the day slightly below that level at 3,380.35. On August 18, the S&P […]

Investors Bullish on Gold as Price Surges 30% Since March, Closing in on 2011’s Record High

Gold Prices

Why Is Gold So Bullish? The price of gold has been surging this year. Currently hovering at a nine-year high of around $1,870 per ounce, gold prices have soared 23% year-to-date and have climbed 30% since the COVID-19-fueled sell-off in March. The price of gold is expected to set a new record in the coming […]

Canadian Economy Will Remain Weak for the Next Decade Because of COVID-19

Brexit Impact Investors

What Is the Outlook for the Canadian Economy? It doesn’t appear as though the Canadian economy will experience a quick recovery. In fact, because of the devastating effects of COVID-19, the Canadian economy is expected to underperform for the next decade, as low commodity prices, weak foreign demand, and high household and business debt will […]