Most Canadians financially vulnerable, index finds

Watch: Financial Resilience Institute CEO Eloise Duncan on the financial health of Canadians Published Mar 28, 2023  •  Last updated 14 hours ago  •  < 1 minute read Data show most Canadians are financially vulnerable. Photo by Getty Images/iStockphoto Eloise Duncan, chief executive of Financial Resilience Institute, talks with the Financial Post’s Larysa Harapyn about the… Continue reading Most Canadians financially vulnerable, index finds

Surplus or deficit? Here’s how the provinces stack up financially after budget season

Tax and energy windfalls and federal health-care transfers flip the script Published Mar 28, 2023  •  Last updated 21 hours ago  •  5 minute read The government of Ontario Premier Doug Ford is projecting a deficit of $2.2 billion in fiscal 2022-2023, down dramatically from Budget 2022’s expected near-$20 billion deficit. Photo by Nathan Denette/The Canadian… Continue reading Surplus or deficit? Here’s how the provinces stack up financially after budget season

Stock Market Today: Stock Market Struggles While Alibaba Shines

Stocks struggled to find direction Tuesday as investors took in several economic reports – including data that showed another drop in home prices.  Tech and communication services stocks were two of the biggest decliners today as Treasury yields rose, while energy and industrial stocks were the leaders.  On the economic front, the S&P CoreLogic Case-Shiller… Continue reading Stock Market Today: Stock Market Struggles While Alibaba Shines

Buffer ETFs Can Limit Investing Losses in Uncertain Times

A relatively new financial tool can help solve the investment risk-reward puzzle by providing a buffer on potential investing losses before they occur: buffer ETFs. The concept of risk and reward not only shapes investment portfolios, it shapes how we make choices in the world. Think back to your school years. We all did the… Continue reading Buffer ETFs Can Limit Investing Losses in Uncertain Times

US stocks fall as rising bond yields pressure tech amid easing banking sector fears

US stocks fall Tuesday, leaving the S&P 500 lower after three days of gains.  The 2-year Treasury yield pushed back above 4%, pressuring tech stocks.  “I anticipate the need to strengthen capital and liquidity standards for firms over $100 billion,” a top Fed official told senators at a hearing about SVB.  Loading Something is loading.… Continue reading US stocks fall as rising bond yields pressure tech amid easing banking sector fears

Technology stocks just flashed their first sell signal since just before the market peaked in November 2021

The Nasdaq 100 just flashed a “sell” signal for the first time since November 2021, according to Fairlead Strategies.The sell signal suggests the stock market will soon roll over, leading to a return of strength in defensive sectors.Outperformance in utilities and health care stocks “would be naturally associated with the next market downdraft,” Fairlead’s Katie… Continue reading Technology stocks just flashed their first sell signal since just before the market peaked in November 2021

AMC surges 18% on report that Amazon may be interested in buying the movie theater chain

AMC Entertainment surged as much as 21% on Tuesday after a report suggested Amazon might buy the struggling movie theater chain.The Intersect reported that Amazon chariman Jeff Bezos ordered his investment advisors to “explore acquisition plans” for AMC.AMC has been on a rollercoaster ride ever since it became a target for meme-stock trader in 2020.… Continue reading AMC surges 18% on report that Amazon may be interested in buying the movie theater chain

There’s more economic pain coming as the SVB fallout is likely not contained, Mohamed El-Erian says

More economic pain is coming as the SVB fallout is likely not contained, Mohamed El-Erian said. Though policymakers have quelled financial contagion, economic contagion is still a risk, he warned. El-Erian has said a recession isn’t inevitable, but other commentators have warned of one this year. Loading Something is loading. Thanks for signing up! Access… Continue reading There’s more economic pain coming as the SVB fallout is likely not contained, Mohamed El-Erian says