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May 2021 market update

Inflation concerns persist globally, the loonie soars and crypto mania hits equity markets.

The ongoing vaccine rollout and easing lockdown restrictions in some parts of the world helped improve economic activity during May. Globally, manufacturing and services sector activity was strong, signaling improving conditions. U.S. President Biden introduced his new […]

April 2021 market update

The global economic outlook improved in April, as vaccination efforts accelerated and a select number of countries began easing lockdown restrictions. The outlook in North America brightened following a flurry of new stimulus measures in Canada and the U.S. In Canada, the Federal Government unveiled its 2021-22 budget, including a […]

2021 Federal budget analysis by Canada Life

The Liberal government’s first budget in two years highlights spending measures to “finish the fight against COVID-19”, reduce our carbon footprint and provide new early learning and childcare programs to families. The deficit for the 2020-21 fiscal year is projected to hit $354.2 billion. Notable spending measures include:

Childcare and early […]

March 2021 market update – Canada Life

Ongoing distribution of COVID-19 vaccines and easing lockdown restrictions supported increasedeconomic activity in March. The American Rescue Plan Act of 2021 was signed into law, raisingexpectations for the recovery of the world’s largest economy, with the positive impact potentiallyreverberating throughout the global economy.Global equity markets were relatively volatile in March, […]

Mackenzie Market Commentary – February 2021

Canadian equities outpaced most of their global peers for the second month in a row. Rising yields, an acceleration of the growth to value trade and booming energy prices all bode well for the S&P/TSX Composite Index. US and International stocks continued to advance, with the S&P 500 Index up […]

2020 All Star Awards

It is humbling and gratifying to receive awards in the financial industry. It is humbling because we do not practice in our craft to receive awards and recognition, we manage relationships with our clients so that there is enough money at a time when it is needed most, if someone […]

GLC Market Matters – November review

In early November, Pfizer and its German partner, BioNtech, released results of their ongoing trial for a COVID-19 vaccine, showing very positive early results of 90% efficacy rates. Shortly after, Moderna followed suit with similarly positive results from their COVID vaccine trial. In the midst of a second wave of […]

GLC Market Matters – Summary for October

Most equity markets weakened in October as U.S. election news and rising COVID-19 counts blanketed the airwaves alongside the season’s first snowfall blanketing lawns. In contrast, cannabis stocks were up. Yeah, I know… sometimes markets really do make sense!

Investor sentiment moves from sanguine to somber to Halloween scary…

To continue reading […]

GLC Market Commentary: Wake me up when September ends

September began with strong stock markets gains, hopes for a U.S. pandemic stimulus bill and the longawaited re-opening of many schools and businesses.September ended with stock losses, no stimulus bill, a COVID second wave, the loss of a U.S. Supreme Court icon and an election debate that had more school […]

GLC Market Matters. Summary for August 2020

Global equity markets have risen consistently all summer long, with U.S. equities continuing to shine as the bright star amongst peers. The S&P 500’s 7% monthly gain (with gains achieved on all but five days in August) speaks to the optimism of investors enthusiastically anticipating a V-shaped recovery. U.S. consumer […]