Around 50% plan to hide some or all of their side earnings from the tax man Published Apr 16, 2023 • Last updated 20 hours ago • 7 minute read A person looks at a Canada Revenue Agency homepage in Montreal. Photo by Graham Hughes/The Canadian Press files The cost-of-living crisis has caused Canadians of all… Continue reading Gig workers, beware: Hiding your side hustles from the CRA is asking for trouble
BlackRock’s Larry Fink says there’s no big recession headed for the US economy, but inflation will be ‘stickier for longer’
BlackRock’s Larry Fink says inflation will stay higher for longer because of geopolitical issues. The CEO of the world’s largest asset manager explained why the US will not enter a big recession in 2023. That’s due to a large amount of money flowing into the economy from recent stimulus bills, Fink told CNBC. Loading Something… Continue reading BlackRock’s Larry Fink says there’s no big recession headed for the US economy, but inflation will be ‘stickier for longer’
Here’s why a potential crash in the commercial real estate market could look a lot like the 2008 crisis, according to one CEO
The commercial real estate sector could see a 2008-like crash, according to one CEO. Experts have been sounding alarms for commercial property since the collapse of SVB in March. The sector is largely financed by small- to mid-sized regional lenders, and $1.5 trillion in debt will soon mature. Loading Something is loading. Thanks for signing… Continue reading Here’s why a potential crash in the commercial real estate market could look a lot like the 2008 crisis, according to one CEO
Russia’s economy is hurting – and a new wave of EU sanctions aimed at crippling its ‘war machine’ are coming. Here are 6 key developments in the past week.
Russia’s economy is hurting and a new wave of EU sanctions targeting its “war machine” are coming. Growing links to China, an unstable currency and “cherry-picked” data are key developments. Here are six key things to know about what’s going on in Russia over the past week. Loading Something is loading. Thanks for signing up!… Continue reading Russia’s economy is hurting – and a new wave of EU sanctions aimed at crippling its ‘war machine’ are coming. Here are 6 key developments in the past week.
Bank of America: Buy these 10 stocks before they report earnings, then beat expectations and rally
Bank of America says that the start of earnings season will be a critical stock-picking period. Strategist Savita Subramanian says a recession is coming, and earnings projections will get slashed. Subramanian identified companies that BofA expects to beat expectations again this quarter. Bank of America has been pretty bearish on US stocks this year, but… Continue reading Bank of America: Buy these 10 stocks before they report earnings, then beat expectations and rally
3 specialized vehicles to keep conservative 60/40 investors happier
No idea if 60/40 is entering another lost decade or not, but we are not taking the risk Published Apr 10, 2023 • Last updated 5 days ago • 4 minute read Traders working on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files If you google 60/40, you will… Continue reading 3 specialized vehicles to keep conservative 60/40 investors happier
Fears that the US dollar will collapse are nonsense, and doomsayers are often hawking gold, investment chief says
Dollar collapse fears are bogus as the greenback can’t be replaced anytime soon, Brad McMillan said. A lot of the talk is often from doomsayers trying to push gold, Commonwealth Financial’s CIO said. The dollar “is not only the established choice and, in most cases, the smart choice, but it is the only choice.” Loading… Continue reading Fears that the US dollar will collapse are nonsense, and doomsayers are often hawking gold, investment chief says
The stock market rally in 2023 has added $213 billion to the wealth of the world’s top 10 billionaires
A strong start to the stock market this year has helped reverse some of the big losses billionaires saw in 2022.So far this year, the world’s top 10 billionaires added a collective $213 billion to their net worth.The top billionaires include Bernard Arnault, Elon Musk, Jeff Bezos, Bill Gates, and Warren Buffett. Loading Something is… Continue reading The stock market rally in 2023 has added $213 billion to the wealth of the world’s top 10 billionaires
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