Markets face another type of systematic heart attack, a dividend stock to weather the storm, and more investing insight and advice

This translation has been automatically generated and has not been verified for accuracy.Most investors knew there was a recession coming at some point but nobody expected this.

There is a very real sense in which the extent of the equity market decline in the coming months – the economic data in North America is almost certain to be horrendous – will be followed by an equally powerful rally later. I might try and pick up some bargains at some point – high quality balance sheets in sectors like health care and consumer staples only - but I’m not about to waste much time trying to time the market.

Central banks are doing their part by slashing interest rates and governments are enacting fiscal measures to alleviate financial pain. The sheer scale of the economic upheaval, however, and the speed that it’s spreading, means that payment defaults of all sizes are likely.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks in Toronto and U.S. plunge at the start of tradingNorth American stock markets plunged at the start of trading today as COVID-19 fears tightened their grip on investors. what a surprise Shocker Canadian economy was bad prior to COVID19 , I hate to ask, but how much worse can it get? CoronavirusOutbreak StockMarket
Source: CTVNews - 🏆 1. / 99 Read more »

Haven assets losing their mojo in virus-stricken marketA rush to safety amid a massive drop in stocks has stretched prices for haven assets, leaving investors fewer places to hide in the wake of a freshly-minted bear market globeinvestor I’m sure the wealthy and elite have moved all their money to conservative countries. Conservative countries aren’t collapsing capitalism! globeinvestor because you cannot eat gold
Source: globeandmail - 🏆 5. / 92 Read more »