Cannabis Bears Beware, Canadian and Global Marijuana Sales Are Soaring

Canadian and Global Marijuana Sales

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 […]

Raft of Data Shows Canadian Economy Is on the Brink of a Recession

Recession

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 […]

Market Review – January 2020

Happy New Year! In this month’s Market Review, our Chief Options Specialist, Jason Ayres, reflects on the January market and provides his predictions for what’s to come in 2020. Here’s our overview: There was little holding stocks back in December as investor optimism pushed stocks higher Much of this optimism is supported by the following: […]

Economic Data Shows Canadian Economy Is Slowing Faster Than Thought

stock market fall

Despite the U.S.-China trade war, the Canadian economy had been reporting decent, but not robust, economic growth. All that has changed though. For the first time in 2019, economic data is rolling in that suggests the Canadian economy is slowing down faster than what analysts forecasted. This does not bode well for the Canadian economy […]

North American Stocks Stall as U.S./China Trade War Tensions Rise

stock market

Despite signs that the U.S. economy is slowing and concerns about a global recession, North American stocks have rallied to record levels in 2019, fuelled most recently, by stronger than expected third quarter results. But the run of record closes on the TSX, NASDAQ, NYSE, S&P 500, and Dow Jones Industrial Average recently hit a […]