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What would happen to the markets if rates stayed where they are?

What would happen to the markets if rates stayed where they are?
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Canadian corporations see earnings surge as economy rebounds


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Adrien Veczan/The Canadian Press
Earnings season begins with stock markets red hot, valuations rich, and investor enthusiasm off the charts. Expectations are high. But probably not high enough.
Throughout the pandemic, analysts and forecasters have struggled to keep pace with the explosive rebound in economic activity and corporate profits in both Canada and the United States.
As a result, the corporate sector has consistently posted results well ahead of expectations, providing markets with a steady drumbeat of positive news, thereby reinforcing investors’ upbeat sentiment. ....

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How to play the great reopening: Look to small caps, Canada and away from U.S., tech


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The Great Reopening is in the works, and the smart money is getting ready.
Economic readings increasingly portend a growth cycle unlike any other in modern history, once the pandemic finally releases its grip on the world.
Forecasters and investors are madly revising their estimates, and repositioning portfolios, to keep up with the scope of the economic megaboom that is taking shape. Financial markets are seeing a wholesale rotation out of the stocks and sectors that benefitted from pandemic-fuelled lockdowns, and into those industries that have the most to gain from a burgeoning global economy. ....

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