Sightline Conversations: An Optimistic Jobs Report


On Friday, June 5, the U.S. shocked the world when it announced the addition of 2.5 million jobs in May. Sectors such as construction, retail, manufacturing and healthcare all saw unemployment rebounds due to layoffs subsiding and furloughed workers returning to their jobs. In their latest conversation, Sightline’s Paul de Sousa and Warren Gerow explain how this job growth, paired with fiscal stimulus packages, can help the markets surpass pre-COVID highs as we begin to return to normal. Specifically, de Sousa and Gerow discuss:

  • What the markets are saying about returning to normal
  • Theories why the markets are up to pre-COVID levels
  • What it may take for the economy to catch up to the markets
  • The new European stimulus package
  • The importance of continued caution

You can listen to Gerow and de Sousa’s conversation here. You can also read our latest market commentary 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.

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