Financial Post Top Stories
But if U.S. stocks had it bad, the S&P/TSX composite had it worse. Canada’s main stock index posted its biggest drop in more than three months Friday as oil prices fell. For the week, the index lost 4.7 per cent and has fallen about 16 per cent from its record closing high in March.“These are uncharted waters,” Sam Stovall, chief investment strategist at CFRA Research, told Reuters. “The market right now is going through a crisis of confidence.
Almost half of those polled about their investment plans, 41 per cent, are sticking with the market, planning to buy and hold for the long term. But 74 per cent are not convinced that they will make a profit on their investments this year.Article content Pessimism is far from just a Canadian phenomenon. According to the strategists at BofA Global Research, investor sentiment is “unquestionably” the worst since the global financial crisis, with its bull and bear indicator returning to its maximum level of bearishness.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Posthaste: Millions of Canadians are losing confidence in the stock market and plan to cash outICYMI: Millions of Canadians are losing confidence in the stock market and plan to cash out — via financialpost stocks stockmarket
Source: calgaryherald - 🏆 64. / 52 Read more »
Posthaste: Millions of Canadians are losing confidence in the stock market and plan to cash outICYMI: Millions of Canadians are losing confidence in the stock market and plan to cash out — via financialpost stocks stockmarket financialpost oh oh,trudeau must go financialpost Buy bitcoin 🤡 financialpost Is there anything more stupid than cashing out at a loss?
Source: nationalpost - 🏆 10. / 80 Read more »
Posthaste: Millions of Canadians are losing confidence in the stock market and plan to cash outICYMI: Millions of Canadians are losing confidence in the stock market and plan to cash out stocks stockmarket Stock markets are casinos where you gamble on what the central banks next policy move will be. QE makes stock prices go up. QT makes stock prices go down. And they will buy bitcoins isn’t. At the end they don’t have choice…long live to the bull market. The stock market is not designed for the succcess of the small retail investor. The big hedge fund managers have access to resources like Bloomberg analytics that cost 100s of 1000s a year in fees. It's for institutional investors like pension funds and University endowments.
Source: financialpost - 🏆 7. / 85 Read more »
Posthaste: Millions of Canadians are losing confidence in the stock market and plan to cash outICYMI: Millions of Canadians are losing confidence in the stock market and plan to cash out stocks stockmarket Stock markets are casinos where you gamble on what the central banks next policy move will be. QE makes stock prices go up. QT makes stock prices go down. And they will buy bitcoins isn’t. At the end they don’t have choice…long live to the bull market. The stock market is not designed for the succcess of the small retail investor. The big hedge fund managers have access to resources like Bloomberg analytics that cost 100s of 1000s a year in fees. It's for institutional investors like pension funds and University endowments.
Source: financialpost - 🏆 7. / 85 Read more »
Posthaste: Millions of Canadians are losing confidence in the stock market and plan to cash outICYMI: Millions of Canadians are losing confidence in the stock market and plan to cash out — via financialpost stocks stockmarket financialpost oh oh,trudeau must go financialpost Buy bitcoin 🤡 financialpost Is there anything more stupid than cashing out at a loss?
Source: nationalpost - 🏆 10. / 80 Read more »
Posthaste: Millions of Canadians are losing confidence in the stock market and plan to cash outICYMI: Millions of Canadians are losing confidence in the stock market and plan to cash out — via financialpost stocks stockmarket
Source: calgaryherald - 🏆 64. / 52 Read more »