In February and March, North American and global stocks experienced a huge correction on fears that the coronavirus (COVID-19) would wreak havoc on the global economy. Those fears have come true, with the Canadian and American economies coming to a standstill. Despite terrible economic data, the stock market has been bullish. But there are growing […]
Category Archives: Blog
12
May
May
Canada and the U.S. continue to report devastating unemployment figures as the coronavirus (COVID-19) continues to hobble the North American and global economies. And more pain is expected. Coronavirus numbers continue to climb at a time when the U.S. and Canada are preparing to open up their economies. What Is the U.S. Unemployment Rate? The […]
05
May
May
How Much Did the U.S. Economy Shrink in the First Quarter? Because of the coronavirus (COVID-19), tens of millions of North Americans are out of work and quarantined, with the U.S. and Canadian economies grinding to a screeching halt. With first quarter economic data rolling in, we now have a picture of just how badly […]
28
Apr
Apr
How Has COVID-19 Affected North American Stocks? The coronavirus (COVID-19) didn’t just take the wind out of the sails of the longest bull market on record, it kicked it over a cliff. Because of the coronavirus pandemic, the global economy is virtually at a standstill, and the supporting economic data has been abysmal. Despite this, […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the April market conditions. Stocks sold off sharply through the month of March as the fastest market correction in history extended through the last few days of the month and the TSX and S&P 500 gave up approximately 35%. This was followed […]
21
Apr
Apr
The coronavirus (COVID-19) is having a much bigger impact on the Canadian and global economies than anyone could have ever imagined. Because large portions of the economy have been frozen, including restaurants, retail, factories, and mines, job losses have soared, and consumer spending has plunged. By all accounts, it is going to get worse before […]
14
Apr
Apr
If you’re interested in the stock market and investing in stocks, you shouldn’t panic right now. But you should be aware of the facts: a coronavirus recession in North America is no longer just a possibility; it’s a developing reality. For proof, you only need to look out your window. Restaurants and non-essential retail stores […]
At the time of writing, the number of global coronavirus cases has passed 823,600, climbing significantly each day. With the COVID-19 pandemic fallout, many economies, including those of the U.S. and Canada, are facing the bleak reality of a recession. And stock market investors are asking: should I sell my stocks now before things get […]
24
Mar
Mar
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 […]
