Green sprouts showed up this week in Prince George !

Green sprouts showed up this week in Prince George !

May 05, 2020 | Mark Ryan

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Good afternoon,

 

Green sprouts showed up this week in Prince George – another 6-month winter is behind us, along with the early fight against that costly, invisible foe.

Markets regained some momentum this week, up 3-4% percent in North America despite a red Friday. Specifically, Amazon was sharply down (7.6%) today, after CEO Jeff Bazos told shareholders to “take a seat” while he focuses on the task at hand above this quarter’s profits. My guess is this gesture will pay off, but we’ll see. It’s been a strong 60 days for the stock.

Two more bits of financial insight for this afternoon. First this RBC Economics brief on the newly-appointed Govenor of the suddenly-way-bigger Bank of Canada. (The outgoing gov has been busy!).

 

http://www.rbc.com/economics/daily-economic-update/BoC_gov_2020.pdf

 

Next, this short podcast on commercial real estate during COVID-19. https://podcasts.apple.com/ca/podcast/may-day-for-commercial-retail-real-estate/id1508242158?i=1000473249786

 

Enjoy your weekend.

 

Mark

 

 

 

 

Mark Ryan | Investment Advisor | RBC Wealth Management | RBC Dominion Securities Inc.
T. 250-960-4927 | T. 1-800-668-3066 | Cell. 250-617-7430 | F. 250-960-4694
http://dir.rbcinvestments.com/mark.ryan

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