Adam Bosak, Author at The Niagara Independent

November 24, 2020

Business

Perplexing pandemic performance

With the global economy in the doldrums, the stock market’s booming performance seems to reflect a totally different reality, leaving many investors to wonder why. The economic damage wrought by lockdowns and measures to control the spread of COVID-19 has been deep and sustained, leaving the global economy in a severe recession. Although most economists agree the global economy will bounce back in 2021, this outlook is being tempered daily in the face of the recent resurgence in global infection rates and continued signs of a softening in the economic recovery.

Adam Bosak

August 14, 2020

Business

(Re) Gaining confidence – three ways to get back on track after COVID-19

With so many investors thrown off course by the unprecedented downturn, the stock market’s turnaround since March 23, and the increasing signs of an economic rebound underway, this has led to a cautious optimism. Over just the last quarter (April through to June), the U.S. stock market has soared over 20%, while the Canadian market has gained almost 17%. While both markets remain below their values at the beginning of the year, both have regained nearly all of the losses they incurred in March.

Adam Bosak