In the wake of the coronavirus crisis, the stock market has recovered to pre-pandemic levels for various reasons, but institutional investors shouldn’t be overly optimistic and must keep risks top of mind, said Campbell Harvey, a professor of finance at Duke University, when speaking at the Canadian Investment Review’s 2020 Global Investment Conference in September. […]
While many indicators point to the relative health of the U.S. economy, the Federal Reserve is lowering the target range for the federal funds rate by 25 basis points to a range of two to 2.25 per cent. This marks the first rate cut since 2008. “Markets weren’t surprised,” says Dec Mullarkey, managing director at […]