Another shock to the system: Oil price war breaks out; COVID-19 cases expected to rise

The question remains: Will the COVID-19 virus coupled with an all-out oil price war cause a recession?

We are inclined to think we are not headed there just yet in the US, but the chances of a recession in Canada are increasing as oil continues to plummet and businesses begin to default, exposing Canadian banks to greater risks. Canadian corporate to government bond yield spreads—a measure of corporate risk—remain at relatively low levels, hovering around 1.0%. That is similar to the levels we saw during the December 2018 pullback.

Read below our experts forecast for the future of the markets and the possible pandemic hovering the future.

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What you need to know about asset allocation

One of the most important decisions you can make when it comes to your investment portfolio — and one you’re sure to revisit often — is your asset allocation strategy. This involves the strategic placement of your investments in different asset classes such as stocks,

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