17.08.2021 - Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) today announced the appointment of George M. Pereira as a director of both Pacific Premier Bancorp, Inc. (the “Company”) and Pacific Premier Bank (the “Bank”), the Company’s wholly-owned bank subsidiary, .
Pennsylvania Real Estate Investment Trust (NYSE:PEI) Expected To Fall -180 0% To Meet The Consensus Price Target marketingsentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketingsentinel.com Daily Mail and Mail on Sunday newspapers.
Image source: Getty Images.
Stock markets are resilient by nature, although vulnerable to significant declines. Also, investors’ risk appetites fade when market volatility is exceptionally high. Most global stock exchanges, including the
S&P/TSX Composite Index, have gone through severe corrections, yet recover every time.
In 2021, the TSX’s resiliency is evident amid the raging COVID-19 pandemic. The index hasn’t succumbed to the pressure thus far and remains in positive territory with its 9.77% gain. As of May 13, 2021, the energy (+35.41%) and financial (+17.18%) sectors outperform the broader market.
The rally appears unstoppable, despite the bubble warnings. I see three reasons why TSX stocks can march on and sustain their upward momentum. The index could even end the year at a record high.