Morgan Stanley analyst: ‘We believe the path to re-opening the economy is going to be long’ [Toronto Globe and Mail (Ontario, Canada)]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
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Source: Toronto Globe and Mail
Morgan Stanley analyst: ‘We believe the path to re-opening the economy is going to be long’ Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow An OPEC-led agreement to cut production won’t be enough to halt the slide in crude prices according to Goldman Sachs, “Goldman Sachs said on Sunday that the deal between major oil producers to cut output by nearly 10 million barrels per day is ‘historic yet insufficient,’ … The investment bank still expects oil prices to fall in coming weeks as storage fills rapidly” “Goldman Sachs still sees crude prices falling after OPEC+ deal” – Reuters “Oil agreement could support stocks, providing a floor” – Report on Business *** Bank of Montreal strategist Brian Belski believes concerns about Canadian REIT distribution yields are overdone, “No doubt prolonged government-mandated shutdowns pose a significant cash flow risk to tenants and ultimately REITs. However, unlike a potentially lower for longer oil p
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- S&P/TSX composite gains more than 100 points amid bank earnings, U.S. markets rise [Advisor.ca (Canada)]Advisor.ca
- Bank of Montreal: Fiscal Q4 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
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