It was another volatile week for investors; however, this time oil dominated the headlines due to its negative prices that resulted from an imbalance between buyers and sellers. In their latest conversation, Sightline’s Paul de Sousa and Warren Gerow examine the current state of oil prices along with other continued economic effects of COVID-19. Specifically, de Sousa and Gerow discuss:
- The factors that caused negative oil prices and how long it may persist
- What the new normal may look like once the economy reopens
- The climbing jobless claims and whether or not this increase will continue
- First-quarter earnings reports
- The potential of a second wave of COVID-19
In addition to economic news, de Sousa and Gerow also provide an update on Sightline’s alternative investments.
You can listen to de Sousa and Gerow’s conversation here. You can also read our latest market commentaries on the coronavirus here. As always, please contact us at (416) 945-6228 with any questions.
Important Information:
Warren Gerow is an independent investment wealth consultant to Sightline Wealth Management.
Sightline Wealth Management LP (“Sightline”) is an investment dealer and is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). Sightline provides management and investment advisory services to high-net-worth individuals and institutional investors primarily through fee-based accounts.
Sightline Wealth Management LP is a wholly owned subsidiary of Ninepoint Financial Group Inc. (“NFG Inc.”). NFG Inc. is also the parent company of Ninepoint Partners LP, it is an investment fund manager and advisor and exempt market dealer. By virtue of the same parent company, Sightline is affiliated with Ninepoint Partners LP. Information and/or materials contained herein is for information purposes only and does not constitute an offer to sell or solicitation to purchase securities of any issuer or any portfolio managed by Sightline Wealth Management or Ninepoint Partners, including Ninepoint managed funds.
The opinions and information contained in this article are those of Sightline Wealth Management (“Sightline”) as of the date of this article and are subject to change without notice. Sightline endeavors to ensure that the content has been compiled from sources that we believe to be reliable. The information is not meant to be used as the primary basis of investment decisions and should not be constructed as advice. Each investor should obtain independent advice before making any investment decisions.