News & Commentary

Investors looking past dismal data, murky earnings season, to normal times After a month of social distancing and the virus-induced lockdown, the prospect of unfettered freedom to indulge in normal, everyday activities like dining out, shopping, travelling – and yes, even going to work – likely seems more alluring by the day to hundreds of […]

Hopefully you’re reading this from the comfort and safety of your own home. These are uncertain times to say the least. We’ve all had to make changes to the way that we conduct business while we move through the coronavirus crisis, and the insurance industry is no different. I wanted to let everybody know that […]

Market & Economic Environment: March 2020 will go down in history as the month of the “Coronavirus Crash.” Global stock markets posted their biggest monthly decline in decades and the worst quarterly performance since 2008, as the worldwide spread of the coronavirus triggered unprecedented shutdowns in most regions of the global economy. The TSX fell […]

Recent weekends have brought a cascade of bad news centering around the coronavirus, resulting in huge down days for the markets on Mondays. Lately, however, the trend seems to be improving (Figure 1). Monday’s 5% gain for the TSX was its best Monday performance in months, while the S&P 500’s 7% surge was its third-best […]

Click Here to Read: The Storm Before the Calm

The near-record plunge in the TSX Composite in the first quarter of 2020 illustrates yet again the fragility of an index that is heavily exposed to cyclical sectors; it also underscores the importance of geographic diversification for Canadian investors. Click here to read the rest of Macroscope 26.