US home prices are dropping and stocks will come under pressure, David Rosenberg says. The veteran economist doubts the housing market has bottomed, as prices fell in May. Rosenberg expects the S&P 500 to erase its recent gains, and touts bonds as valuable hedges. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading US home prices are still dropping – and the S&P 500 will erase this year’s gains, top economist David Rosenberg says
Tesla stock’s best run since 2020 is spoilt by Wall Street downgrades as Goldman Sachs, Morgan Stanley flag overvaluation risks
Tesla shares have soared since April, pushing the EV maker’s valuation above $750 billion. But Wall Street is starting to shift to a more cautious outlook for the stock. Goldman Sachs, Morgan Stanley, and Barclays have all warned that Tesla’s massive rally could make it overvalued. Loading Something is loading. Thanks for signing up! Access… Continue reading Tesla stock’s best run since 2020 is spoilt by Wall Street downgrades as Goldman Sachs, Morgan Stanley flag overvaluation risks
Immigrants needed as baby boomers retire
Watch: Deloitte Canada’s Dawn Desjardins on how immigration is positive for the economy Published Jun 25, 2023 • Last updated 1 day ago • < 1 minute read Canada continues to see a steady influx of immigrations to the country. Photo by Getty Images/iStockphoto Dawn Desjardins, chief economist at Deloitte Canada, speaks with the Financial Post’s… Continue reading Immigrants needed as baby boomers retire
Posthaste: Retirement crisis brewing as baby boomers near end of working lives with little, if any, savings
Close to half of those aged 55 to 64 only have $5,000 or less put aside for retirement, HOOPP survey says Published Jun 21, 2023 • Last updated 5 days ago • 5 minute read One in five Canadians aged 55 to 64 haven’t saved for retirement, while close to half only have $5,000 or less… Continue reading Posthaste: Retirement crisis brewing as baby boomers near end of working lives with little, if any, savings
Danielle Smith reiterates emissions stance in first post-election meeting with Ottawa
Face-to-face with Natural Resources Minister Jonathan Wilkinson Author of the article: The Canadian Press Mia Rabson Published Jun 20, 2023 • Last updated 6 days ago • 5 minute read Alberta Premier Danielle Smith makes a keynote speech at the Global Energy Show in Calgary on June 13, 2023. Photo by Gavin Young/Postmedia OTTAWA — There… Continue reading Danielle Smith reiterates emissions stance in first post-election meeting with Ottawa
‘Valuation is full’: Goldman Sachs downgrades Tesla stock after its 105% year-to-date surge
Goldman Sachs downgraded Tesla stock to “Neutral” after its monster year-to-date rally of 105%.The bank said Tesla’s valuation is high and that there are a number of positive and negative catalysts going forward.”Valuation is full. Tesla trades at a higher multiple than other fast growing tech companies,” Goldman said. Loading Something is loading. Thanks for… Continue reading ‘Valuation is full’: Goldman Sachs downgrades Tesla stock after its 105% year-to-date surge
Rents are coming down in the US, but they’re still surging in these 6 cities as tenants flock to the Midwest
Rent prices fell overall last month, posting their first decline in 2020, according to data from Realtor.com. But rents in the Midwest surged 4.5% in May, a sign that more tenants are showing interest in the region. The US housing market has never been more unaffordable, experts say. Loading Something is loading. Thanks for signing… Continue reading Rents are coming down in the US, but they’re still surging in these 6 cities as tenants flock to the Midwest
Nancy Pelosi’s husband exercises $2.6 million worth of Apple and Microsoft stock options this month
Nancy Pelosi’s husband exercised roughly $2.6 million worth of Apple and Microsoft stock options this month. Paul Pelosi bought 5,000 shares of both Apple and Microsoft stocks on June 15, exercising 50 call options. Nancy Pelosi has repeatedly said her husband’s investments have nothing to do with her political knowledge. Loading Something is loading. Thanks… Continue reading Nancy Pelosi’s husband exercises $2.6 million worth of Apple and Microsoft stock options this month
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