Widow looking for answers after Quebec man dies in Texas Ironman competition
The widow of a Quebec man who died competing in an Ironman competition is looking for answers.
Global markets have been selling off on the fear of a new COVID-19 variant found in South Africa.
The new, potentially more transmissible variant prompted the World Health Organization (WHO) to call an emergency meeting Friday. Canadian government officials are also meeting to address the efficacy of the current vaccines and possible treatment options.
While the number of confirmed cases is small for now, scientists have concerns around the high number of mutations in the variant's spike protein.
My point is, we just don't know where this will go.
What we do know, is the markets are thinly-traded due to the U.S. Thanksgiving holiday and liquidity levels much lower than usual. The U.S. markets also close at 1:00 p.m. ET and there will be some who will not want to hold positions in stocks going into the weekend.
Meanwhile, North American markets opened sharply lower Friday. Oil has pulled back significantly and at one point trading below US$70.00 a barrel due to fears that demand could wain if further lockdowns and restrictions are put into place. Investors have been flocking to the safety of the 10-year U.S. Treasury bond and gold.
You have to wonder at this point if this is an overreaction.
As an investor what should you consider? Begin by considering the facts:
1. Investors and the market hate uncertainty and when we do have uncertainty, it creates volatility.
2. It isn't comfortable, but we have been here before. However, we haven't dealt with a significant new variant in a while.
3. In the past, the markets recovered and the risk sentiment came back. There is no guarantee this will happen again, but it is something to consider.
So let's get back to fundamentals:
1. Look at your portfolio to ensure your investments are aligned to who you are as an investor and how comfortable your tolerance for risk is. How much can you afford to lose and how much are you willing to lose?
2. If you are a balanced investor with a long-term perspective you likely have been here before and stayed the course.
3. In the heat of a trading day try not to let your emotions dictate your investment decisions. Sometimes doing nothing is the hardest decision.
Finally, it isn't inconceivable there will be investors who have been sitting on the sidelines waiting for a buying opportunity. In other words, they might benefit from a little volatility.
The widow of a Quebec man who died competing in an Ironman competition is looking for answers.
Former NDP leader Tom Mulcair says that what's happening now in a trash-littered federal park in Quebec is a perfect metaphor for how the Trudeau government runs things.
The world is seeing a near breakdown of international law amid flagrant rule-breaking in Gaza and Ukraine, multiplying armed conflicts, the rise of authoritarianism and huge rights violations in Sudan, Ethiopia and Myanmar, Amnesty International warned Wednesday as it published its annual report.
A photographer who worked for Megan Thee Stallion said in a lawsuit filed Tuesday that he was forced to watch her have sex, was unfairly fired soon after and was abused as her employee.
Facing pushback from physicians and businesspeople over the coming increase to the capital gains inclusion rate, Prime Minister Justin Trudeau and his deputy Chrystia Freeland are standing by their plan to target Canada's highest earners.
The Senate passed legislation Tuesday that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that's expected to face legal challenges.
People living near a wildfire burning about 15 kilometres southwest of Peace River are being told to evacuate their homes.
The U.S. Senate has passed US$95 billion in war aid to Ukraine, Israel and Taiwan, sending the legislation to President Joe Biden after months of delays and contentious debate over how involved the United States should be in foreign wars.
A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.
Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.
Molly Knight, a Grade 4 student in Nova Scotia, noticed her school library did not have many books on female athletes, so she started her own book drive in hopes of changing that.
Almost 7,000 bars of pure gold were stolen from Pearson International Airport exactly one year ago during an elaborate heist, but so far only a tiny fraction of that stolen loot has been found.