Pattie-Lovett Reid: Advice for investors navigating markets on edge

On CTVNews.ca, chief financial commentator Pattie Lovett-Reid shares her take on how investors can best react to a market pullback.

Sure, it stands to reason investors will be watching closely to see the impact on sectors including energy, if there appears to be an aggressive push towards a low-carbon economy, and banking, if new taxes are imposed on banking profits above $1 billion. These two sectors combined represent 40 per cent of the S&P/TSX.

So far, from an election perspective, the markets have taken a wait-and-see approach.

However, it does look to be a rocky trading session as September appears to be living up to its reputation of being the most challenging month of the year for investors.

Concerns are mounting over the regulatory environment and troubled property market in China; there’s a U.S. Federal Reserve meeting this week; colder weather is increasing fears of further increases in the Delta variant; energy prices are high; and inflation remains a wildcard.