It’s a really slow day for corporate and economic news. AstraZeneca revised the efficacy rate from the recent clinical trial on its coronavirus vaccine down slightly to 76% from 79%, while new cases COVID continue to climb in North America
World markets are mixed this morning. In North America, US index futures are trying to bounce back from yesterday’s broad selloff. Dow futures are up 0.3% while NASDAQ futures are up 0.7% as they claw back some of yesterday’s respective
Amid reports of a new lockdown in Germany and questions about the age of data from the AstraZeneca clinical trial results announced yesterday, stocks have shifted back into reverse this morning. NASDAQ futures are flat, consolidating yesterday’s 1.2% gain, while
SIA Wealth in the News: Colin Cieszynski, CFA, CMT (Chief Market Strategist) recently appeared on BNN Bloomberg where he discussed the implications of rising treasury yields and a reopening economy for tactical investing and sector rotation. Link to Video: https://www.bnnbloomberg.ca/video/the-underlying-recovery-trend-for-energy-remains-intact-sia-wealth-management-s-cieszynski~2163780
The new trading week is off to a mixed start with investors digesting a number of weekend developments. The US 10-year treasury note yield has slipped back under 1.70%. US index futures are trading flat for Dow futures to a
US index futures have stabilized this morning with the US 10-year treasury note yield slipping back under 1.70%. Yesterday the 10-year yield approached 1.75% which set off a rolling slide in stock markets around the world starting toward the end
Watch Jeremy’s update as he digs into the issues most relevant and top of mind to advisors, connecting the dots between the world of politics, economics and the markets.
SIA Wealth Management’s Kyle Wilson, CFA and Paul Vendrinsky, B.Mgt., CFA provide insights into the BMO SIA Focused Canadian Equity Fund’s performance so far this year, current positioning and a look at some relevant comparison charts.
The Fed staked out the middle ground yesterday sending a cautiously optimistic assessment of economic conditions (some sectors still struggling but room for improvement as vaccines roll out), which remaining dovish on monetary policy (current support programs to continue until