Economic Update: July 2020

by Blake Whiteley Last updated on August 12, 2020

Markets continued their ascent through the month of July shrugging off the worries that exist during an ongoing pandemic. Central banks were able to take a back seat throughout the month and monitor the status of their re-opening plans. While the financial market rally is encouraging, we do expect volatility on the path forward and we expect investors who maintain discipline to be rewarded on the way down this long-term path.

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 05 August 2020 for FTSE Global Indicies and 31 July 2020 for Barclays Global Aggregate Canadian Float Adjusted Bond Index.

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