Summary for Febuary 2021
Presented by Mackenzie Investments
- Fixed income investors bruised as global bond yields surge amid increasing confidence for a robust economic rebound in the second half of 2021
- Canadian equities deliver strong performance; powered by the cyclical rotation trade and soaring commodity prices
- US House of Representatives passes President Biden’s US$1.9 trillion fiscal stimulus bill; goes to the US Senate for a vote
- Bitcoin surpasses US$1 trillion market value as large firms embrace the digital coin
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