5 from 5i: The managers who found unlikely Covid-19 winners

Barkha Rani Oct 30, 2020
Headline image for 5 from 5i: The managers who found unlikely Covid-19 winners

Market View

Record new daily coronavirus cases in the US kept the markets shaky this week. Earnings season and election volatility did not help the markets as indices headed for a second week of declines. The Canadian dollar was 75.15. U.S. S&P500 ended the week down 5.0%, while the TSX ended the week down 4.3% as well.

It was a week of turmoil, with energy sliding down 6.6%, and consumer discretionary by 6.1%. Technology fell 5.9%, and healthcare and telecommunications, both slipped 5.4%. Financials headed down 4.4%, and industrials stepped down 4.1%. The most heavily traded shares by volume were Bombardier Inc, HEXO Corp, and Suncor Energy.

5 from 5i

Here are five reads we found interesting last week:

Happy Reading & Stay Safe!


Thinking about becoming a 5i Research Member?  

There is no better time to join but don't just take our word for it. Try it for free for the next month and experience all the benefits of the 5i Research membership. (And don't worry. We won't ask for your credit card upfront)

Button for free trial

Disclosure: Please note that the author does not hold a financial or other interest stocks or funds mentioned.



Login to post a comment.

No comments have been posted yet.