Market Update April 2021
Well, with the passing of March, we are officially a year into the pandemic. Despite the many difficulties, the bright spot has been the performance of investment markets and subsequently, your portfolio.
We can thank the support of federal governments both here and around the world for that, and our consistent approach to making investment choices on your behalf.
As we look forward, expect to hear reporting about new topics to worry about over the quarters to come. Particularly, inflation and interest rates. Remembering back to March 2020 and our conversations with you, the media reports on the markets they do not report on your portfolios. Please keep this in mind: your personal experience will be different from what is reported.
We know it’s difficult to be away from the news today. But do try to worry less about your investments over the coming months and ignore some of the fear-mongering that you may see in the media.
As we always say, we continue to follow our process that has seen you and your life savings through good times and bad. Our goals continue to be, preserve your capital, invest for income and a reasonable rate of growth to meet your needs over time.
WATCH: Martin Gagnon, VP and CEO of National Bank of Canada speaks with Stéfane Marion, Chief Economist & Strategist of National Bank of Canada to answer your many questions on the impacts of COVID-19 on markets and the global economy.