iA Wealth: Monthly Market Snapshot
It was an historic quarter and a wild way to start the decade, as the global economy was brought to an abrupt halt due to the COVID-19 pandemic. The virus has drastically changed our daily routines, with self-isolation and social distancing now the everyday norm. Businesses and schools have closed, with many countries around the world on lockdown. The result for equity markets was a free-fall not seen since the global financial crisis of 2008. The circumstances resulted in governments and policy makers around the globe putting dramatic monetary and fiscal measures in place to support the economy, as the world attempted to “flatten the curve”. At the end of the quarter, total cases of COVID-19 had surpassed 873,000 worldwide, while the death toll had risen above 43,000. Click here to continue reading iA Wealth’s Monthly Market Snapshot.
How do we elevate your wealth?
It begins with understanding your needs and creating a comprehensive and tailored financial plan to help reduce tax, manage risk and grow your portfolio over the long term. Learn more about how we help you achieve financial security and peace of mind.
News & commentary
December 2024 Portfolio Management Team Update
December 2024 Portfolio Management Team Update By Elvis Picardo, CFA®, CIM, Senior Portfolio Manager, iA Private Wealth December 18, 2024 Market Review Global equities turned in a mixed performance in November, as the “Trump Trade” drove North American indices to new highs, while European markets fell amid growing political uncertainty. The TSX Composite surged […]
Read more
November 2024 Portfolio Management Team Update
November 2024 Portfolio Management Team Update By Elvis Picardo, CFA®, CIM, Senior Portfolio Manager, iA Private Wealth November 22, 2024 Market Review Global equities briefly paused their rally in October ahead of the U.S. Presidential elections, before the “Trump Trade” drove U.S. indices to new highs this month. The TSX eked out a 0.65% gain […]
Read more
October 2024 Portfolio Management Team Update
October 2024 Portfolio Management Team Update By Elvis Picardo, CFA®, CIM, Senior Portfolio Manager, iA Private Wealth October 3, 2024 Market Review Global equities advanced to new highs last month to cap a volatile quarter, as interest rate cuts by major central banks boosted optimism for a soft landing despite mixed economic data. The TSX […]
Read more