April 2020

Do not panic!

Events, whether they are political, social or otherwise, end up positively or negatively influencing financial markets. After all, market volatility is normal, even expected, and it is certainly not new. For example, consider the credit crisis of 2007-2008 – we survived. This is how the financial markets work: increases are followed by declines, then further increases, and so on. Typically, the declines are steep and relatively short in duration, while the increases are spread over longer periods. Thus, since 2009, several stock market indices have experienced significant recoveries (until very recently), seeing their values double or even triple in certain cases.

Read more...

    

The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson GMP Limited or its affiliates. Assumptions, opinions and estimates constitute the author's judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, and PEI. Additional administrative support and policy management are provided by PPI Partners. Richardson GMP Limited, Member Canadian Investor Protection Fund. Richardson and GMP are registered trademarks of their respective owners used under license by Richardson GMP Limited.