The escalating conflict between Israel and Hamas forces in the Middle East is certainly having an influence on oil prices and the energy market. But should traditional investors be concerned about any forthcoming geopolitical risks on the stock market?
In general, stock investors... risk-averse enough, I think," Sosnick states."And we see that in terms of some low volatility levels, whether you look at VIX or individual stocks. I think if investors were nervous and maybe a little more properly nervous, we'd see some of those measures a bit higher."Hold quality growth stocks such as Okta and WSP Global in your TFSA to benefit from outsized gains over time.
TORONTO — Scotiabank said Wednesday that it is cutting about three per cent of its global workforce, becoming the latest Canadian bank to trim staff amid continued economic uncertainty. The bank said the cuts, which work out to around 2,700 staff, come as a result of bank digitization and automation, as well as streamlining efforts and shifting consumer preferences.