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 […]
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, […]
