Mini SPACs mount a comeback after TSX operator revamps rules

TMX has overhauled its capital pool company program, with encouraging results Author of the article: Bloomberg News Kevin Orland Published Apr 12, 2021  •  Last updated Apr 13, 2021  •  3 minute read MX Group Inc. signage and stock prices are displayed on a screen in the broadcast center of the Toronto Stock Exchange (TSX)… Continue reading Mini SPACs mount a comeback after TSX operator revamps rules

To Address Inflation, Consider Four Portfolio Adjustments

Inflation that reached four-decade highs in 2022 contributed to bear markets in stocks and bonds. Although inflation is slowing and markets have rebounded in 2023, demographics and climate change are among the factors likely to prevent inflation from staying consistently in check. Consequently, the portfolio strategies that worked well during recent decades in which inflation… Continue reading To Address Inflation, Consider Four Portfolio Adjustments

Making the Case for Covered Call Strategies

The headlines surrounding today’s markets are scary: stubborn inflation, rising interest rates, bank crises, a possible recession and other economic perils. However, the markets have proven to be resilient so far. While trying to time the market is never prudent, it makes sense to assume a defensive posture, given the current conditions. The risk of… Continue reading Making the Case for Covered Call Strategies

US stocks trade mixed as Biden and McCarthy are due to meet on debt-ceiling talks

Phil Rosen President Joe Biden Alex Wong/Getty Images US stocks traded mixed Monday, with investors monitoring updates on the latest debt deal talks. President Joe Biden and House Speaker Kevin McCarthy are slated to meet Monday for further negotiations. Treasury Secretary Janet Yellen reiterated her warning that the government could run out of money by… Continue reading US stocks trade mixed as Biden and McCarthy are due to meet on debt-ceiling talks

The US likely won’t make it to June 15 without defaulting on its debt if lawmakers don’t reach a deal, Treasury Secretary Janet Yellen says

The US likely won’t make it through June 15 without defaulting unless there’s a debt deal, Janet Yellen said. The Treasury Secretary reiterated her early June deadline for Congress to raise the debt ceiling. Failing to do so could spark an economic catastrophe, experts have warned. Loading Something is loading. Thanks for signing up! Access… Continue reading The US likely won’t make it to June 15 without defaulting on its debt if lawmakers don’t reach a deal, Treasury Secretary Janet Yellen says

Don’t be fooled into thinking this year’s stock rally is the start of a new bull market, Morgan Stanley’s top strategist says

This year’s stock rally isn’t the start of a new bull market, Morgan Stanley’s top strategist says. The S&P 500 and Nasdaq have both jumped in 2023, powered higher by surging tech stocks. But Mike Wilson warned investors not to be fooled into expecting a longer-term breakout. Loading Something is loading. Thanks for signing up!… Continue reading Don’t be fooled into thinking this year’s stock rally is the start of a new bull market, Morgan Stanley’s top strategist says

Mark Zuckerberg’s fortune has surged this year – and nobody on the rich list comes close to his $44 billion gain

Meta CEO Mark Zuckerberg’s net worth is up an unmatched $44 billion this year.  It makes him the world’s 12th richest person, according to Bloomberg’s Billionaire Index. It’s due to Meta’s soaring stock, among the top performing in the S&P 500 this year.  Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Mark Zuckerberg’s fortune has surged this year – and nobody on the rich list comes close to his $44 billion gain

Warren Buffett’s Berkshire Hathaway has about $15 billion riding on Japanese stocks that have surged to multi-decade highs

Warren Buffett’s Japan bet has swelled from about $6 billion to $15 billion in under three years. He’s grown his stakes in five Japanese companies from about 5% in August 2020 to 7.4% today. The stocks are up 146% on average since Buffett first revealed his investment. Loading Something is loading. Thanks for signing up!… Continue reading Warren Buffett’s Berkshire Hathaway has about $15 billion riding on Japanese stocks that have surged to multi-decade highs