Monday morning briefing: U.S. real estate demand building
Existing home sales rose to 6.0 million units in August, the highest level since 2006.
September 28, 2020
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Monday morning briefing: Cineplex’s not-so-excellent adventure
Cineplex’s revenue dropped 95% year-over-year during the second quarter of 2020. Since the beginning of the year, its stock price has dropped 76%. Can the theatre business regain its footing?
September 21, 2020
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Monday morning briefing: A bicycle built for gains
There was big news on Wall Street last week. Citigroup Inc. announced Jane Fraser will become CEO in 2021 after current CEO, Mike Corbat, retires. Jane Fraser will become the first woman to be CEO of a major Wall Street bank. Across her career at Citigroup, she has headed the company’s Latin American operations, consumer […]
September 14, 2020
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Wednesday morning briefing: Tech taking over the Dow
The Dow Jones Industrial Average made its biggest component changes since 2013, signalling strength in the information technology sector and weakness in energy.
September 9, 2020
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Monday morning briefing: Q2 GDP was down, way down
Canada’s gross domestic product plummeted 38.7%, annualized, during the second quarter of 2020. How long will it take the Canadian economy to recover?
August 31, 2020
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Monday morning briefing: The $2-trillion company arrives
It was a monumental week for Apple Inc. The company surpassed a market capitalization of US$2 trillion on August 19, becoming the first publicly listed U.S. company to do so.
August 24, 2020
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Monday morning briefing: The recovery begins in China
The Chinese economy is recovering but will a slowdown in retail sales activity hinder the accelerated growth China has been used to?
August 17, 2020
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Monday Morning Briefing: How low can yields go?
The COVID-19 pandemic has accelerated some individual and business trends, including increased work from home and online shopping activity. The movie industry has also been significantly impacted by the pandemic. Production of many movies has been halted, while cinemas remain closed, resulting in the delay of feature presentations. Home video streaming services such as Netflix […]
August 10, 2020
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Tuesday morning briefing: McDonald’s not lovin’ it
U.S. economic growth plummeted in the second quarter of 2020 in response to lockdown measures. Gross domestic product shrank 32.9%, annualized, but was slightly better than the 34.5% decline economists had expected. Now the recovery is expected to begin, but how quick will it be? Rising COVID-19 infections in some states are forcing reopening efforts […]
August 4, 2020
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Monday morning briefing: Concerned consumers
Let’s play ball! Major League Baseball had its opening day last week, with other major sports leagues returning to play – or kicking off their seasons – in the next few days and weeks. Sports is a significant contributor to local economies, as fans buy tickets and purchase concessions, while hotels and local restaurants benefit […]
July 27, 2020
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Monday morning briefing: Is it Netflix’s turn to chill?
Central banks were in the spotlight last week, as the Bank of Canada, European Central Bank and the Bank of Japan all made their interest rate announcements. The message from all three was largely the same: wait and see. The central banks left key interest rates unchanged and maintained their bond-buying programs, believing the current […]
July 20, 2020
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Monday morning briefing: Gold bugs are buzzing
With more cases of COVID-19 challenging the global economic recovery, and potentially more stimulus on the horizon, is US$2,000 within reach?
July 13, 2020
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Monday morning briefing: A welcome rebound
The U.S. economy and equity markets got some welcome news last week as 4.8 million jobs were added, surpassing market expectations of 3.2 million jobs. This lowered the U.S. unemployment rate to 11.1%. Rising job numbers bode well for the health of the U.S. economy and should help in its recovery. Consumer and business spending […]
July 6, 2020
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Monday morning briefing – Reverse swoosh
Speculation became reality when Canada lost its AAA-rating from Fitch Ratings last week. Fitch dropped Canada’s rating to AA+. This was largely in response to Canada’s rising debt-to-GDP ratio, which ballooned as the government initiated spending programs to help Canadians amid the COVID-19 pandemic. This could raise the cost of capital for Canada, hinder investor […]
June 29, 2020
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Monday morning briefing: Shutting down sales
Fear of a second wave of COVID-19 infections is intensifying. There has been a spike in cases in many states across the U.S. California had its largest one-day jump in COVID-19 cases, while Texas has seen a surge in hospitalizations due to COVID-19. In China, Beijing was forced to close schools and cancel flights in […]
June 22, 2020
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New normals vs. eternal truths
Let’s explore the things that have changed forever and those that will remain the same for the financial industry.
June 18, 2020
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Monday morning briefing: Is Hertz back in the driver’s seat?
As economies begin to reopen, businesses are thinking about how to get their employees back to the office.
June 15, 2020
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8 social media tips during these challenging times
These are unprecedented times. Investors need guidance from their advisors more than ever before, and social media can help – if it’s used correctly.
June 12, 2020
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Monday morning briefing: The people want to work
U.S. labour market numbers for May were released last week and stoked optimism that the U.S. economic recovery may be upon us.
June 8, 2020
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YOUR HEDGE FUND CLIENTS DESERVE REASSURANCE AMID COVID-19
Communicating through a crisis is always difficult, but communicating through COVID-19 presents new challenges that many hedge fund managers haven’t faced before.
June 4, 2020
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