To say the stock markets have been rocky since the start of the coronavirus (COVID-19) would be an understatement. Global stock markets have been devastated as cash-strapped investors attempt to determine just how the coronavirus will affect the economy and how long any recession will last. At the same time, investors understand that we are […]
17
Mar
Mar
TSX Tumbles into Bear Market Territory as Coronavirus Declared Pandemic After an unprecedented 11-year run, the bull market has officially come to an end. On Wednesday, March 11, the World Health Organization declared the coronavirus a pandemic for the first time. This sent investors running for the exits. Most analysts believe the broader markets could […]
In this month’s Market Review, our Chief Options Specialist, Jason Ayres, reflects on the March market and provides his predictions for what’s to come in the second quarter of 2020. February was a challenging month for investors as U.S. and Canadian stocks suffered the fastest correction in history due to fears of the Coronavirus. Markets […]
10
Mar
Mar
The Bank of Canada and central banks from around the world are taking drastic steps to limit the damage caused by the coronavirus (COVID-19). The coronavirus has killed more than 3,000 people and infected close to 90,000 globally. First quarter earnings are going to be a mess. The big question is, are rate cuts going […]
03
Mar
Mar
Global stocks and commodities continue to get routed as investors worry about how much the coronavirus will stifle business activity and corporate earnings. A number of corporate and analyst warnings have also helped drag the major indexes down. In fact, North American equities are in correction territory; after that, it’s a bear market. Since hitting […]
28
Feb
Feb
How Are Gold and Silver Prices Doing? Precious metals like gold and silver have been surging lately, as investors seek safe-haven investments on concerns the coronavirus will have a long-lasting, negative impact, on the global economy. Investors are flocking to safe-haven investments like silver and gold. In fact, gold is currently trading at a seven-year […]
24
Feb
Feb
Rail blockades first sprung up on February 6, 2020, shutting down a major rail line in British Columbia. Indigenous protesters and supporters shut down the rail line because they oppose the construction of the $6.6 billion, 670 km Coastal GasLink project in British Columbia. In solidarity, another group blocked a key rail line near Belleville, […]
18
Feb
Feb
How Are Cannabis Stocks Doing? Cannabis stocks experienced a major run in the lead up to the legalization of recreational cannabis in Canada in late 2018. The share prices of many marijuana stocks soared in excess of 500%. Investor optimism may have gotten ahead of itself though; the broader cannabis industry has been bearish since […]
11
Feb
Feb
The U.S. and Canadian economies have a long history of tracking each other. At least they did. At a time when the U.S. economy is churning out strong economic data, low unemployment, and jobs growth, the Canadian economy has been doing the opposite. While many economists do not believe Canada will enter a recession in […]
04
Feb
Feb
The stock markets ended 2019 on a strong note, with the S&P 500 advancing 30% for the year while the Nasdaq increased approximately 38%. With both indices trading at record levels, investors were hoping for more of the same in 2020. That is looking less likely right now. A Black Swan event, the coronavirus, has […]
