- Canada’s six banks all beat earnings expectations.
- Markets are consolidating since mid-February after a huge run up and as the Democrats seek to move a $1.9 trillion stimulus bill through the Senate.
- The yield curve steepens – interest rates are moving up.
- Vaccines and herd immunity seem to be on the horizon.
Market Update December 2020
Seasonally, September and October are often weak months within the calendar and this year was no exception, as the market resembled a seesaw, lacking clear direction.
That all changed in November as a contentious U.S. election was settled and new vaccine news caused the market to start looking forward to a post Covid-19 economy – and it did…
Market Update July 13 2020
This week we will start to see the reporting of Q2 earnings ……
Market Update April 27 2020
While the stock market has historically been a leading indicator of economic reality, it is reactive to short-term events like every correction before this one…
How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash
How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash
How oil prices went negative: this explainer shows how a collapse in demand, a Saudi-Russia price war, and oversupply led to futures prices going wonky.
Click here to read How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash
Source: Visual Capitalist
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