FCAN News and Press, FIRST TR EXCH ALPH From 04/30/20

Anthony Okolie recaps the biggest news of the day, including the latest COVID-19 developments, followed by a conversation with Scott Colbourne, Managing Director, Global Active Fixed Income, TD Asset Management, about the Fed's pledge to keep rates near zero to support the economy through...

By Kurt Reiman, Daniel Donato Record-breaking declines in Canadian economic activity failed to interfere with gains in risk assets last week. Kurt and Daniel put all the events of the past week in context and provide some thoughts on the outlook from here. Statistics Canada reported a ...

The Bank of Canada keeps its overnight rate at 0.25%, indicating that's the lowest it will go, and starts two new programs to keep markets functioning. More news on: iShares MSCI Canada ETF, Invesco CurrencyShares Canadian Dollar Trust ETF, JPMorgan BetaBuilders Canada ETF, Global news a...

By Kurt Reiman, Daniel Donato Kurt and Daniel discuss why effective policy coordination is key to supporting a swift economic recovery and avoiding a protracted slowdown, as well as some of the investment implications. Last week's March Labour Force Survey provided the first glimpse ...

As shown below, the 23% rebound in equity prices since March 23 has returned the S&P 500 to a shortlist of the least attractive valuations in history at 19x forward earnings estimates, and equal to the market top on February 19. Canadian equity valuations have followed along for the ride. ...

Following a week when European and UK regulators urged their banks to end dividend payments, Daniel and Kurt weigh in on the prospects for Canadian bank dividends and the associated risks. Canada's banking regulator, rightly sensing a pickup in loan losses and wanting to avoid a sharp tigh...

Anthony Okolie recaps the biggest news of the day including the latest COVID-19 developments, followed by a conversation between Kim Parlee and Rob Vanderhooft, CIO, TD Asset Management, on the state of the financial markets and the shape of a potential recovery. Original Read mor...

A lot of shorts got covered Monday across most risk assets and yields and this has driven yet another dramatic rebound day. These are expected given the rapid price declines between Feb 19 and March 23. On March 31st, my partner Cory Venable highlighted 2625 to 2725 as a rebound test for the...

A new report from economists at ING (which you can download here ) looks at which economies are being hit hardest by the coronavirus supply chain shock and concludes Canada and Germany are the biggest losers: "Of the world's 10 largest economies, Canada suffers most from the fallout of for...

The past five years have been unkind to the Canadian energy sector and its investors. A hypothetical C$100 investment in the S&P/TSX Composite Index would have grown to just shy of C$120 today even after the sustained market decline of the past several weeks. In contrast, the same inve...