Monthly Archives: May 2020
April Portfolio Update | 2020
Thoughts on the Market: April Edition
V-Shaped Recovery? So far so good, but...
The markets continued their recovery from March lows, with hopes pinned on the rapid response from governments around the world to backstop workers through aggressive unemployment benefits and their support of affected industries through favourable loan programs. Behind the scenes, massive liquidity was provided to financial markets to stabilize bond markets, which flowed through to equity markets. As well, epidemic modelling of COVID-19 cases and hospital data indicates that infection rates are peaking or declining in many hard-hit jurisdictions, allowing governments to start implementing plans to re-open shuttered sectors of the economy. Read