weekly economic events

Most equity markets were lower, as expectations of inflation and rising costs challenged the outlook for corporate profitability and stock valuations.

• By ClearWater Private Wealth
• March 1, 2021

Technology weighed heavily on the S&P 500 as fast growing tech companies are especially sensitive to inflation pressures, as most of their value derives from future earnings.

• By ClearWater Private Wealth
• February 22, 2021

Global stocks pushed higher as investors continued to take comfort in the US stimulus plans, improving COVID-19 trends and positive corporate earnings news.

• By ClearWater Private Wealth
• February 16, 2021

Canadian stocks posted their best weekly gain since April, with the TSX closing at fresh record highs.

• By ClearWater Private Wealth
• February 9, 2021

Stocks declined sharply for the week amid much higher volatility and trading volumes. On Wednesday equities posted their worst day since October

• By ClearWater Private Wealth
• February 1, 2021

Optimism about fiscal stimulus, as well as positive economic data, and an encouraging start to earning reporting season, boosted all major US stock indices to record highs.

• By ClearWater Private Wealth
• January 25, 2021

U.S. President-elect Joe Biden announced a $1.9 trillion fiscal-stimulus plan that aims to counter the affects of COVID-19. The plan is the first of two major spending initiatives Biden will seek in the first few months of his presidency.

• By ClearWater Private Wealth
• January 18, 2021

Stocks jumped to record highs after Georgia election completes Blue Wave. As the US political drama dominated the first week of 2021,

• By ClearWater Private Wealth
• January 11, 2021

The holiday shortened week saw the S&P 500 set a record high on Monday as another round of U.S. unemployment benefits and stimulus checks were announced and after Trump signed a new COVID relief bill

• By ClearWater Private Wealth
• January 5, 2021

Although Canadian equities closed mixed last week, the TSX rose to a nine-month high following the fresh record highs set last week by the major U.S. indexes.

• By ClearWater Private Wealth
• December 24, 2020