It’s the end of summer and the long sunny days are quickly dwindling away. As we enter September, children are getting ready to go back to school and many adults are getting ready to go back to work. Life has changed in the last 6 months and now we await to see if the original projections of a second wave are going to come to fruition.
Believe it or not, summer is almost over and there is only 1 month left before Canadian children all go back to school full time. In the US, the majority of the schools are also expected to open full time in September. While COVID-19 lingers into 2021, unless something catastrophic happens, you can expect children back in school and some parents who are able to return to work to do so as well. Given 19 million+ cases and 6 million+ currently infected, it was a tough call, but one the governments have made to try and reopen economies.
Congratulations! We are officially halfway through the longest year ever, we should all get two birthdays this year for everything we have been through. This year has quite the roller coaster but more than ever before it has been a year of change, years from now we may be telling our kids of year’s pre-2020 and post-2020. As an extension of this, the investment market is also reacting and companies that fit the mold of the future are prospering and companies of pre-2020 are falling behind.
This has been one of the worst months in history for the stock markets. The economies around the world have come to a screeching halt and the majority of people around the world have been told to stay away from work and stay away from each other to avoid the spread of COVID-19 virus. While the first 3 weeks may have been the worst in history, the 4th week was the best since the 1930s, as we rallied off the back of government stimulus.