Dear friends, I hope you and your family are well. Below you will find a summary of this week’s market developments and related thoughts. Market developments After pulling back last week, North American equity markets advanced, with optimistic economic announcements and a potential COVID-19 treatment outweighing “second wave” fears. Ten U.S. states saw coronavirus numbers…
Dear friends, I trust that all is well. Below you will find a summary of this week’s market developments and related thoughts. Following the best 50-day period in the history of the S&P 500 Index (which measures the stock performance of 500 large companies listed on stock exchanges in the U.S.) and the Nasdaq (a…
Dear friends, I hope you and your family are well. Below you will find a summary of this week’s market developments and some related thoughts. Market developments Despite civil unrest across the United States, escalating American tensions with China and an ongoing battle with COVID-19, North American markets once again moved higher. White House…
Dear friends, I trust that all is well with you and your family this week. Below you will find a summary of this week’s market developments and some further thoughts. Market developments • North American markets again moved higher on continued optimism over re-openings; all 50 U.S. states have now at least partially re-opened their…
Dear friends, I hope this letter finds you and your family well. As part of my commitment to keeping you informed in the current environment, this letter includes a recap of what took place in the markets this week. What were the key developments this week? Canadian and U.S. equity markets continued to fluctuate as…