Economic Update: May 2020

by Blake Whiteley Last updated on June 05, 2020

The month of May marked the start of the gradual reopening of the domestic and global economy, slower growth of new COVID-19 infections, and continued government stimulus, all of which boosted investor confidence throughout the month. However, moving forward, there is still  a lot of global economic and political uncertainty and this highlights the need for diversification and exposure to different asset classes, countries, and sectors.

*Equity Indices - FTSE Global Indices in CAD, Bonds - Barclays Global Aggregate Canadian Float Adjusted Bond Index based on end-of-day data for the Total Return Index as at market close 29 May 2020.

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