Industry bellwethers such as Canadian Pacific Railway Ltd., Suncor Energy Inc., Rogers Communications Inc. and Teck Resources Ltd. report second-quarter earnings this week. For many firms, results will be bad. The important question is how robust are the signs of recovery.
In the U.S., almost 10 per cent of companies in the S&P 500 have reported results and so far, a majority of them beat analyst expectations on sales and profit, according to data compiled by Bloomberg. Precious metals miners are a bright spot in a seemingly grim period. The flight to havens has boosted the price of gold. “I think that’s a sector that really could benefit from much better than expected earnings — and investors start to shift their portfolios accordingly and go, ‘Hey, over a longer-term basis, we need to actually be in the sector,'” said Brooke Thackray, an analyst at Horizons ETFs Management Inc.
A virus with a 99.99 percent survival rate. Thank goodness these fools were not running the country during the Spanish Flu.
YES & remember, EVERY Country was affected economically. ALL countries WERE NOT affected as much as the Country affected most. THE USA!-TRUMP Before the NP even thinks of tarnishing JustinTrudeau, 1st consider the road of deceit you are about to turn on.
Lmao more like liberal damage. Lets not forget about letting terrorists derail our trains for weeks before covid.
Change to 'the response to' Covid 19.
Covid isn't really to blame, but the response to it.
The virus didn't do anything to companies. It's the government who trashed our already weak and indebted economy.