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Market Matters: November 2020

Highlights: News of a promising COVID-19 vaccine trial helped spur strong global stock market gains and a significant sector rotation from growth into value sectors. Beginning in 2021, GLC will be amalgamated into Mackenzie Investments and together we will be stronger as one of Canada’s largest asset managers. The drawn-out U.S. presidential election gave way [...]

By |2020-12-29T10:02:49-05:0029/12/2020|Industry news|

Market Matters: October 2020

Highlights: Rising COVID-19 infection counts continue to stifle economic recovery across North America and Europe. Equity markets and investor sentiment weakened as U.S. election uncertainty loomed throughout the month. Bond yields rose sharply early in the month, only to land back roughly where they started. Click here to read more.

By |2020-11-18T10:45:48-05:0018/11/2020|Industry news|

Market Matters: September 2020

Highlights: COVID-19’s second wave offers up a new round of uncertainty for businesses. The Federal Reserve kept their Fed funds target range steady at between 0% to 0.25%. September losses give back some of their summer-time equity market gains. Oil prices fell on rising concerns over weak global demand if lockdown measures return. Click here [...]

By |2020-10-27T11:33:44-04:0027/10/2020|Industry news|

Market Matters: August 2020

Highlights: Global stock markets extended their summer-long run. Bond markets checked back, with longer-term bonds hit hardest. Expectations for market volatility rose with stretched stock valuations, the approach of the U.S. presidential election and concerns for a COVID-19 second wave. Amidst a risk-on sentiment, oil prices rose sharply, while gold and the U.S. dollar weakened. [...]

By |2020-09-24T14:48:17-04:0024/09/2020|Industry news|

Market Matters: July 2020

Highlights: GLC and Mackenzie join forces to become the largest asset managers in Canada. S&P 500 turns positive on the year and the price of gold hits an all-time high, while bond yields fell to all-time lows. COVID-19 case number progress (or lack thereof) remains key factor in economic outlook. Global stock markets rebound while [...]

By |2020-09-22T10:51:02-04:0027/08/2020|Industry news|
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