Posthaste: How Canadian stocks could slam the S&P 500 when the going gets tough

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Posthaste: How Canadian stocks could slam the S&P 500 when the going gets tough

Good Morning!

And BofA expects oil prices to remain high. The Brent has stayed above US$100 a barrel even with China’s COVID lockdown this spring and there has been no supply response from U.S. producers. “Canada is uniquely positioned with both energy and food security, as well as political stability, which we believe is critical in the 2020s with increased uncertainty and internal/external conflicts,” they said.

The strategists also see Canada benefitting from peak globalization. They estimate there will be $1 trillion in investment over the next five years to shift supply chains to the United States or near it.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not Canada stocks. Trudeau

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States United States Latest News, United States United States Headlines