Massive stimulus packages aimed at combatting the economic fallout from the COVID-19 pandemic were announced both in Canada and the U.S. on Wednesday, March 25. In their latest interactive video discussion, Sightline’s Paul de Sousa and Warren Gerow discuss the markets immediate reaction to this news, and whether or not this aid will be enough for the economy to fully recover. Specifically, de Sousa and Gerow reflect on:
- Canadian and U.S. stock markets over the past 26 days
- Recently announced economic stimulus packages
- This week’s stock market rally
- How long it may take the economy to recover
For more information, please contact us at (416) 945-6228. You can also read our latest market commentary on the coronavirus here.
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.
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