The Road To Recovery

road

CI Assante Wealth Management:

“The North American economies endured an unprecedented case of whiplash in 2020. The shock of the COVID-19 pandemic triggered the most pronounced economic contraction of the current era, followed by record expansions in both countries. North American stock markets also suffered their fastest onset of bear markets on record. Surprising many, by year end, the main U.S. and Canadian equity indices had actually posted gains for calendar 2020. Even after the stunning setback of early 2020, investors are showing signs of optimism that positive momentum will continue through 2021. This reflects continuing confidence in a vaccine and stimulus-fueled global recovery. As always, the nascent business cycle will create opportunities and challenges for investors. This time, the balance between the ‘second wave’ of COVID-19 and vaccine inoculations will determine the eventual path back to ‘normal’. Uneven rollouts among countries will play a significant part in the speed of their relative recoveries. Having a financial plan and taking advantage of professional advice can aid in maintaining a well-positioned portfolio during this transformative period.”

Related articles

The Financial Implications of Divorce

In this episode of Think Smart with TMFG, Rob McClelland and Mike Connon unpack the unavoidable financial challenges of divorce. They paint a detailed picture of financial complexities that couples should be aware of at the onset and conclusion of a …

Read More →

Episode 29: Becoming A Great A Client Takes A Little More You Might Expect

Becoming a good client requires a great advisor. The importance of having sound advice and taking it. Savers vs. spenders and what it can mean to the future of your plan. The importance of goal setting and finally muffins are they really where it’s a…

Read More →

Episode 33: Technology: Making Us Way Better At What We Do!

Technology has had a huge impact on financial services. Market efficiencies are translating to enormous benefits for clients. Listen here today for more insights in part 2 of our debrief of DFA’s Charlotte, NC conference.

Read More →

Financial Planning Advice from Canada's Top Financial Advisors

Sign Up To Receive Email Updates On The Financial Industry And Complimentary Workshops.

By providing your e-mail address you provide The McClelland Financial Group of Assante Capital Management Ltd. with your express consent to send you electronic communications. If you choose to discontinue receiving e-mails, you may withdraw consent by contacting [email protected].

FREE RESOURCE

Get actionable financial insights from the Top financial planners in Toronto.

Toronto's Top Financial Advisors
Copyright Assante Wealth Management. © 2022

Disclaimer | Assante advisory services are offered through Assante Capital Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. The services described may not be applicable or available with respect to all clients. Services and products may be provided by an Assante advisor or through affiliated or non-affiliated third parties. Some services and products may not be available through all Assante advisors. Services may change without notice. Insurance products and services are provided through Assante Estate and Insurance Services Inc.

We have a team of advisors each specializing in varying portfolio sizes. Please let us know the approx. amount of your investable assets to help us to direct you to the advisor that is best suited to you.