Issue 11 – Volatility Update

To say the last few weeks have been tumultuous would be an understatement. COVID-19 and the oil collapse has brought unpresented fear and volatility in the equity market. OPEC+ held a meeting on March 6 in Vienna. It was universally expected that an agreement would be reached to temporarily cut production by 1.5 million barrels/day, in order to support prices. In a shocking announcement on Saturday, we learned that Russia was not willing to comply.


By Charles Marleau, CIM

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