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In a post-crisis environment, investors need to rethink their rationale and approach to alternative assets and ensure they have exposure to the asset class for the right reasons, according to investment consultants from Mercer. Dragana Timotijevic, Mercer’s global investment leader for alternative beta investments, says the calculus has changed over the past 12 months, and […]
By Jody White |November 10, 2009
2 min read
Market Insights
North American stock markets appeared headed for a sharply higher open Monday after weak U.S jobs data on Friday reassured investors that interest rates will stay low. Sentiment was further lifted by a weekend meeting of the Group of 20 countries at which officials agreed to keep their economic stimulus measures in place. The Dow […]
By Staff |November 9, 2009
3 min read
The Toronto stock market jumped about two per cent Monday to add to last week’s strong advance as oils and metals benefited from a falling U.S. dollar and spearheaded a broad-based advance. The S&P/TSX composite index surged 236.46 points to 11,486.88 after rising about three per cent last week despite employment reports from Canada and […]
North American stock markets appeared headed for a lower opening as employment news from Canada and the United States came in worse than expected. The Canadian reading was particularly shocking: Statistics Canada said more than 43,000 jobs were lost last month, a huge miss from economists’ consensus which forecast the addition of 10,000 jobs. And […]
By Staff |November 6, 2009
The Toronto stock market closed higher amid dismal employment data from both Canada and the United States. The S&P/TSX composite index gained 69.72 points to 11,250.42. The Canadian dollar was down 0.83 of a cent to 93 cents US as more than 43,000 jobs were lost in Canada last month, a huge miss compared with […]
North American stock markets were likely headed for a slightly higher open Thursday after the U.S. Federal Reserve’s assessment of economic conditions failed to provide much inspiration for buyers. Dow Jones industrial futures were 10 points higher to 9,795, Nasdaq futures were ahead 2.2 points to 1,689 while S&P futures added 0.2 of a point […]
By Staff |November 5, 2009
4 min read
The Toronto stock market closed higher on positive news prior to the release of the main piece of economic data for the week – the U.S. government’s October non-farms payroll report. The S&P/TSX composite index jumped 109.5 points to 11,180.7. The Canadian dollar was off 0.17 of a cent at 93.83 cents US. Investors were […]
North American stock markets were likely in for a higher opening Wednesday ahead of an afternoon announcement by the U.S. Federal Reserve on interest rates and the central bank’s latest appraisal of the economy. The Dow Jones futures rose 47 points to 9,764, the Nasdaq futures gained 4.75 points to 1,680.25 and the S&P futures […]
By Staff |November 4, 2009
North American stock markets appeared set for a lower open Tuesday as doubts continue about whether the strength of an economic rebound can sustain the sharp run-up in stocks over most of the last eight months. The Dow Jones futures fell 66 points to 9,669, the Nasdaq futures lost 9.5 points to 1,659.5 while the […]
By Staff |November 3, 2009
The Toronto stock market moved into positive territory mid-morning Monday as American economic data and a solid quarterly profit from Ford Motor Co. helped balance a downturn in tech heavyweight Research In Motion Ltd. The S&P/TSX composite index was up 44.3 points to 10,955.1. Fresh doubts about the strength of an economic recovery pushed the […]
By Staff |November 2, 2009
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