FCAN News and Press, FIRST TR EXCH ALPH From 06/09/20

Anthony Okolie recaps the news of the day, including the latest COVID-19 updates, followed by Kim Parlee's talk with Ted Welter, Chief Investment Officer for Alternative Investments, TD Asset Management, about how alternative investments could provide long-term stability in your portfolio...

In the spring of 2000, as now, there was a widespread belief (we remember well, we were there) that the leading tech companies would be impervious to recessionary strife in their customers, the wider economy and financial markets. See The NASDAQ's summer 2000 bounce might contain a cautionary...

Anthony Okolie recaps the news of the day including the latest COVID-19 updates, followed by a conversation with James Orlando, Senior Economist, TD Bank, about the positive employment data in May, and what that could mean for the economic recovery. Original Post ...

By Robin Marshall, director, fixed income research Risk rally and QE have driven in short-dated Canadian investment grade spreads relative to 7-10 yrs…. Credit markets extended April's rally in May, with spreads narrowing further versus government bonds. This was driven by renewed...

By Kurt Reiman and Daniel Donato At a time of bleak economic data and high uncertainty about the spread of the virus, it's natural to focus more heavily on the here and now. However, important structural changes to the economy and asset classes during the pandemic would argue for taking t...

Canada's central bank keeps its overnight rate at the effective lower bound of 0.25% and scales back its term repo operations to once a week as short-term funding conditions have improved. More news on: iShares MSCI Canada ETF, Invesco CurrencyShares Canadian Dollar Trust ETF, JPMorgan B...

By Barry Schwartz, Chief Investment Officer As the world slowly begins to reopen, market participants are betting that the worst of the Covid-19 crisis is behind us. As a result, North American stock markets picked up in May where April left off. We have come a long way from the worst l...

By Kurt Reiman, Daniel Donato Canadian stocks have made an impressive recovery off the late March lows, leaving the market susceptible to a slower reopening and earnings recovery than is currently reflected in estimates. We therefore favor defensive factor attributes, such as minimum vola...

As Canadian banks begin reporting their second-quarter earnings this week (for February through April), Bank of Nova Scotia (BNS) was first on deck with a 39% drop in profits and a 111% increase in loan loss provisions. Since business lockdowns and layoffs only surged in the latter half of M...

With the Canadian TSX today virtually unchanged from its April 2008 peak, even the most steadfast buy and hold investors have reaped zero capital gains over more than 12 years of risk and just 1.7% annually since the prior cycle peak in July 2000. Those who bought GICs and government bonds ove...