Following a historical selloff that left investors nervous and fearful of a possible recession, the North American markets bounced back and started the week of August 20, 2019 on a high note. To gain better insights on the stock market’s recent volatility, Ottawa Morning’s Business Digest on CBC Radio One recently spoke with Sightline Wealth Management Senior Vice President Paul de Sousa.
Sousa described how he believes that at least part of this volatility is due to tensions regarding the U.S.-China trade deal causing increased emotions. According to de Sousa, many investors during this time were attempting to figure out where they should be, will this trade tension end, and when will it end. All of which resulted in vast amount of uncertainty, which was reflected by the daily stock prices.
To listen to the entire radio segment, download the clip here.
About Ottawa Morning: Ottawa Morning is Ottawa’s number one morning show, hands down. In fact, day in and day out, more people listen to CBC Radio One in Ottawa than to any other station in town. Robin Bresnahan and the Ottawa Morning team offer a fresh take on what you need to know to start your day, and what you want to know to live your life.