Happy new year! In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the January market conditions.
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To combat a recession or other economic Black Swans, central banks artificially lower their key lending rate, in an effort to encourage borrowing and spending, which in turn, juices the economy. Central banks around the world slashed their rates to near historic lows during COVID-19 to do just that. The Bank of Canada has held […]
How Did Stocks on the TSX Do in 2021? In 2020, Canada’s benchmark stock index, the S&P/TSX composite, eked out a 2.17% gain during the worst economic and health crisis in 100 years. Vaccines rolled out in 2021 but the pandemic raged on with the highly contagious delta and omicron variants sweeping the planet. This […]
The current bull market, which began in March 2020, turned 21 months old in January 2022. Over that short period of time, the S&P 500 has more than doubled, climbing 118%. To put that number into perspective, the S&P 500 has already outperformed the 2002 to 2007 rally. In 2021, the S&P 500 rallied just […]
There’s obviously no crystal ball when it comes to investing. But every year at this time analysts and economists put out their predictions on how the stock market will perform in the coming year. In so-called “normal” economic periods, it might be easier to suggest how the TSX and S&P 500 will perform. But when […]
Canada’s inflation rate soared to its highest level in almost 20-years in October, juiced by pandemic-related supply and demand challenges, supply chain disruptions, and higher energy costs. While inflation has resulted in the cost of virtually everything to climb, which is negatively impacting the household finances of everyday Canadians, many Canadian stocks actually outperform U.S. […]
Recreational cannabis has only been legal in Canada for three years, but the North American pot industry has already had its fair share of ups and downs, from eager investors sending pot stocks soaring in the leadup to legalization, to industry scandals, underwhelming sales, mounting debt, and strong sales during COVID-19. Things started to look […]
The stock market has done well in 2021, with all four of the major North American indices all trading at or near record levels. The S&P 500 is up 24% year-to-date, the Nasdaq has climbed 23%, the Dow Jones Industrial Average has rallied 17%, and the TSX has advanced 22%. It hasn’t all been smooth […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the October market conditions.
After climbing higher for a record 14 straight days, the TSX, Canada’s biggest stock market index, hit a brick wall after the Bank of Canada said it was ending its quantitative easing and could raise its key lending rate sooner than expected. On Wednesday, October 27 the Bank of Canada surprised the markets when it […]