Luft Financial | Elevate your Wealth | Vancouver Wealth Management firm
A rising chorus of influential voices are warning about the risks posed by the global pandemic-induced lockdown to the economy and stock markets. Earlier this week, Federal Reserve officials including its chair Jerome Powell warned that the virus outbreak and shutdown of the U.S. economy would result in an output decline of historic proportions in […]
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Times like the present underscore the importance of holding an investment portfolio that strikes a balance between offense and defense, much like the best teams in any sport. In investment parlance, that means holding a portfolio mix of stocks and securities that will do well in a strong economy while mitigating some of the downside […]
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Global equities have posted a robust recovery this month, to the universal relief of investors everywhere. The TSX Composite’s 32.5% surge from its March 23 low (as of close on April 28) has enabled it to claw back just over one-half of its 38% plunge from its February 20 peak, while the S&P 500’s 30.6% […]
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The coronavirus pandemic has unleashed one shock after another on the global economy, as investors and governments worldwide have struggled with the cascading impacts of one of the biggest health catastrophes in a century. On Monday, we saw another mind-boggling impact of the pandemic, when the contract for May delivery of West Texas Intermediate (WTI) […]
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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 […]
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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 […]
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