Coronavirus

COVID-19 and your money

This curated list content will help you find information on what you need to do for YOU, how to play your investments (and your money), and what you can expect from the markets. This list is updated daily.

What you need to know

Such a narrow stock market!

A few companies feast, while many beg
Allocating in uncertain times

Steadyhand shares some tips on portfolio management amidst the volatility
Miners make hay while gold shines

Gold producers had been cutting costs and production until the coronavirus hit, which might give these consistent performers a head start
How to lose money

Even though it feels like you are reducing risk by pulling out of the market, the long-term effects could hurt your overall returns
Will Shopify lead the way?

It’s done well throughout the volatility, but it needs to come down in price – a lot
Don't root for the home team too much

Over-investing in Canada can be a 'double-whammy' when it comes to risk, among other reasons to diversify geographically, explains Morningstar's Ian Tam
Did the Morningstar Star ratings work in this downturn?

In a word, yes. Equity funds (and managers) that have historically outperformed their peers have continued to do so in this current downturn
What's next for Canadian oil?

After a US$1bn strategic government investment in the pipelines, are Canadian energy companies better positioned for the volatility ahead?
9 sources of emergency cash, ranked from best to worst

Credit cards are the easiest, but worst option – here’s eight others to try before you swipe
U.S. coronavirus update: shutdown relaxes in H2, pipeline advances

We forecast a 2.9% drop in U.S. 2020 GDP; our base case includes a second-quarter shutdown but effective treatment in the second half
Flash depression with V-shaped recovery

CIBC’s Patrick O’Toole argues that the correction in the corporate bond market offers lots of buying opportunities
The liquidity crunch in Canadian Bond ETFs

On the corporate bond side, what we see presently are primarily sellers, not a lot of buyers, and people are not getting the prices they normally would
Big Oil on big discount

What they're doing to stay afloat, and why now might be an opportune time to tap in their stocks
Now’s the time to buy

The current market conditions are creating tremendous dislocations between share prices and intrinsic values, says Sionna’s Marian Hoffmann
Unsure when to retire?

That uncertainty can cost you, and why waiting one more year for retirement can be a 'silver bullet' to improving your golden years, says Morningstar Investment Management's head of retirement research
COVID-19: Will Canadian house prices fall?

In a word, yes. Funds (and managers) who have historically outperformed their peers have continued to do so in this current downturn
What are top performing dividend funds holding?

Here's a look at the stocks the best performing dividend income funds within Morningstar’s database are holding
Should you trade ETF premiums & discounts?

Why the disparities are features of bond ETFs, not a bug
Which companies won’t cut dividends?

With the fear of a recession – and dividends cuts – looming, here’s what to look for in companies that can sustain dividends into the future
Corporate Debt: Zombieland 2

Could the coronavirus be the detonator for a debt-fuelled economic collapse?
Stocks or ETFs?

Want to get in on the action? Start here.
How to avoid dividend cuts

Now is not the time to be chasing yield at all costs
Buying opportunities in multiple sectors as market weighs short-term impact

The markets' chills offer a chance to stock up on these quality companies
Terminology of a downturn

What to understand about downmarket jargon like volatility, bear market, and recession
Why you can't time the market

Why it's important to stay invested to capture critical months for your portfolio, with Morningstar's Director of Investment Research, Ian Tam
What next for REITs?

At this point in the market downturn, no sector is immune, but some offer a better resistance potential, and REITs could be one
It's hard to make money as a bear

The better approach: Survive as a bear, profit as a bull
A better way to value stocks right now?

Why it's important to stay invested to capture critical months for your portfolio, with Morningstar's Director of Investment Research, Ian Tam
Airline stocks fall from coronavirus

But they will soar again, and investors will want to get aboard for continued growth beyond the current short-term tailwinds
It's an exciting time to be an investor

With prices we haven't seen for years, Morningstar's Dan Kemp says that long-term investors should be keen
Emergency interest rate cuts: Will they work?

Q&A: Taking pressing questions and getting our in-house investment professionals to answer them in a jargon-free manner
FAANG stocks, defanged?

All save one of the company slipped below fair value estimates. Is it time to buy?
Buying amid coronavirus

Are there opportunities to be had in restaurants and U.S. auto manufacturers?
Why urgency now is need for calm

From an investment standpoint, now is the time for calm minds and a disciplined and methodical approach which includes having a plan and sticking to it
Why are China’s markets doing so well?

In developed economies: the question on the street is “when will the market blowout end?” In China: the question is “when will the bull market start?”
How much risk can you handle?

What kind of returns can you expect from different asset classes? Ian Tam, Morningstar Canada's Director of Investment Research explains
The opportunities in a recession

The rough road to recession ultimately leads to shiny new opportunities for those who hold on to their nerve – and quality stocks
When will stocks recover?

The four stages of (most) bear markets
When FOMO is warranted

The long-term pain of missing a major day of investment returns won’t be felt until years later – the only way to ensure you catch it is to stay invested
COVID-19 and your taxes: Deadlines extended

Outstanding federal 2019 tax now due Aug 31, and other changes to know
Long term economic effects will be modest

The US is slowing the coronavirus spread as drug makers race toward a vaccine; while the longer-term economic effect will be modest, say Morningstar analysts
COVID-19: Change in Bay Street sentiment

How have stock analysts changed their outlooks because of the virus?
What's going on with Canadian oil right now?

What happens with you get a supply - and demand - shock, and what to expect, explains Nicolas Piquard at Horizons ETFs
When standing pat doesn't sit well

A hands-off policy for your portfolio amid market volatility is usually the best advice, but there are exceptions to that rule
A letter from our CEO

Morningstar's mission is to empower investor success, and we are committed to weathering this storm with all investors: Morningstar Inc. CEO Kunal Kapoor
Was there any escape?

Little indeed: When the going got tough, diversification did not get going
What to do with Canadian banks?

The yields look good, but the risks are real, and it could get worse before it gets better
Was this market correction inevitable?

Lex Hall talks to director of equity research Johannes Faul about the stock market collapse and what coronavirus means for the global economy
The importance of staying invested in volatile times

Don't flee the market in a panic, but rather embrace the turmoil as an investment opportunity--you'll be better off in the long run
Virus brings rare entry for tech stocks

Wild weeks on Wall Street have opened some tempting opportunities
Focus on dividends, avoid cyclicals

Matco's Anil Tahiliani hangs in with portfolio selections despite severe market correction
3 things to do right now

With COVID-19 comes an crucial need to ensure you're making the right moves: Ian Tam, Director of Investment Research at Morningstar Canada
A look at past drawdowns

Over the long term, the value of investments have gone up, with many peaks and valleys along the way - can you stomach the valleys?
How advisors can help clients right now

The news around COVID-19 market volatility can lead to financial anxiety for you and your clients - here's how to navigate it
Funds that outperformed in 2008

Seven equity funds that protected on the downside during the 2008-2009 financial crisis and recovered faster than the index
20 cheap Canadian dividend stocks

Several dividend-paying stocks have entered the ‘cheap’ territory in the ongoing correction
Where to go for income in a low-yield world

If you're on the hunt for yield, be sure to mind the downside
Will Coronavirus trigger a global recession?

Morningstar healthcare analyst Karen Anderson looks at the likely impact of COVID19 on the global economy - and says the long-term affects may not be as bad as expected
Can circuit breakers stop panic selling?

Within the context of properly functioning of markets, circuit breakers can help with price discovery that could establish where the bottom is – but they also increase anxiety
How to slow down the slide

If your nerves can’t take it, here are a few things you can do to ease the pain
How Canadian funds are holding up

In the past month, the worst performing categories are all equity focused while most of the top performing categories are fixed income focused
Risk, not volatility, is the real enemy

Grant us investors the wisdom to know the difference
How to play these volatile times

COVID-19, rate cuts, and talk of recessionary risks - what are investors to do? Scotia's Judith Chan weighs in.