Market Insights

Investors cheer good news…and bad

It’s an oft-quotes curse: May you live in interesting times. While the Canadian equity market seems far from cursed lately, it is going through “interesting times”—and the curse could be just around the corner.

By Staff |February 29, 2012

2 min read

“Risk-on” rally won’t last: report

The recent rally in global equity markets can't last, according to an op-ed piece by Richard Bernstein, published on FT.com.

By Staff |February 29, 2012

1 min read

Greece headed for “managed” default

The €130 billion rescue package extended to Greece last week forestalled a debt default by the troubled Mediterranean nation. While the deal stabilized the global financial system, it is doubtful Greece can avoid a default.

By Staff |February 28, 2012

2 min read

Greece in default: S&P

Thirteen years after the advent of the European common currency, the Eurozone has seen its first credit default by a member. The long-term and short-term debt of Greece was downgraded to “selective default” by Standard & Poor's Ratings Services today.

By Staff |February 28, 2012

2 min read