Covid-19

Why are stocks rising in a global pandemic? Fallback Image Decorative pattern

Market Insights

Why are stocks rising in a global pandemic?

A report helps explain the divergence between capital markets and the broader economy

By Mark Burgess |July 13, 2020

2 min read

U.S. high-yield defaults to reach 10-year high, Fitch says Fallback Image Decorative pattern

Market Insights

U.S. high-yield defaults to reach 10-year high, Fitch says

At the same time, high-yield issuance hit a record in June

By James Langton |July 13, 2020

1 min read

Feds extend wage subsidy until December Feds extend wage subsidy until December

Economic Indicators

Feds extend wage subsidy until December

The government expects more people to shift from the CERB to the wage subsidy as businesses reopen

By The Canadian Press |July 13, 2020

2 min read

Consumer spending outpaces 2019 levels in June: RBC Fallback Image Decorative pattern

Economic Indicators

Consumer spending outpaces 2019 levels in June: RBC

Consumer spending was up 4% compared to last year by the end of June

By James Langton |July 13, 2020

2 min read