There is nothing else like it in the entire world. You don’t have a boss. You don’t need employees. You don’t need any products. You can set your own hours…the list goes on and on, not to mention, the potential income is unlimited and scalable. You can even sit in the corner of your room or anywhere in […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the June market conditions. Stocks were range-bound for most of May before a final push higher into month end. Meanwhile labour reports continue to reflect record job losses. Has the stock market gotten ahead of the realities/uncertainties? And how long will it […]
14
Jul
Jul
Are Both Canada and the U.S. in a Recession? Canada and the U.S. are both currently battling two recessions. The first is a short-term recession fueled by the coronavirus; eventually the number of infections and deaths will flatten, and a vaccine will be available. The second is a more traditional long-term economic slump; that one […]
07
Jul
Jul
How Did Stocks Do in the Second Quarter? Despite the fact that the U.S. and Canadian economics tumbled into a COVID-19-fueled recession, U.S. stocks ended up having their best quarter in more than 20 years and are trading at or near record levels. Unfortunately, that investor optimism may be misplaced. The U.S. and Canadian economies […]
30
Jun
Jun
Why Did Canada Lose Its Triple-A Rating? Canada became the first major economy in the world to lose its coveted triple-A rating because of the COVID-19 fueled economic downturn. Now poised to post its largest deficit on record, the COVID-19 pandemic has sent the country into a recession and resulted in soaring unemployment, massive spending, […]
23
Jun
Jun
How Will COVID-19 Impact the Canadian Economy Long-Term? COVID-19 has most likely done permanent damage to the Canadian economy and left it in a big hole. The economic downturn has been historic with the sharpest GDP contraction in history. The biggest questions right now are, which sectors have been hit the hardest and what will […]
16
Jun
Jun
What Is the Outlook for the Global Economy Amid COVID-19? Despite a raft of bad economic news, North American stocks have rallied strong off March lows. The NASDAQ has notched up a new record high and the S&P 500 is nearing its pre-COVID-19 highs. The TSX still needs to climb 15% to get to its […]
09
Jun
Jun
What Was Canada’s Unemployment Rate in May? The Canadian unemployment rate hit a record 3.7% in May as the economic shutdown from COVID-19 continues to hurt the Canadian economy. While this number is expected to drop as the Canadian economy opens up over the coming months, this may not be enough to save second and […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the May market conditions. The record-breaking rally in stocks continued throughout the month of April, with both the Canadian and U.S. markets recovering half of the losses incurred during the sell off in February and March. Since the market top halfway through […]
02
Jun
Jun
How Did the Canadian Economy Perform in the First Quarter? Everyone knew that Canada’s first quarter gross domestic product (GDP) numbers were going to be bad. The question was how bad? And what’s in store for the Canadian economy and stocks for the rest of the year? Canada’s GDP tumbled 8% in the first quarter […]
