‘Shark Tank’ investor Kevin O’Leary says he’s telling startup CEOs to limit bank deposits and brace for the next ‘black swan idiot’ blowup

“Shark Tank” investor Kevin O’Leary is advising his CEOs to limit their deposits at banks. That comes after the blowup of SVB, which was caused by “idiot” bank managers, O’Leary said. “There’s always the next black swan idiot manager in big and small banks,” O’Leary said. Loading Something is loading. Thanks for signing up! Access… Continue reading ‘Shark Tank’ investor Kevin O’Leary says he’s telling startup CEOs to limit bank deposits and brace for the next ‘black swan idiot’ blowup

Silicon Valley Bank acted like a hedge fund, and ‘they deserve what they got,’ bank analyst says

SVB was a “hedge fund in drag,” taking risky bets at a poor time, Chris Whalen said. But other banks shouldn’t be blamed for losses in their bond portfolios, he told CNBC. Instead, the losses are the Fed’s responsibility after it hiked rates aggressively, he added. Loading Something is loading. Thanks for signing up! Access… Continue reading Silicon Valley Bank acted like a hedge fund, and ‘they deserve what they got,’ bank analyst says

REITs and RELPs give investors commercial real estate exposure, but they are distinctly different vehicles

Chris Warner: Commercial real estate can be an important additional asset class for the right investors Published Mar 15, 2023  •  5 minute read Commercial and residential buildings in Vancouver. Photo by James MacDonald/Bloomberg The best-performing asset class in many portfolios last year was commercial real estate. That was certainly the case for Nicola Wealth… Continue reading REITs and RELPs give investors commercial real estate exposure, but they are distinctly different vehicles

Toronto stocks join global selloff as Credit Suisse sparks concerns

TSX recorded its worst day since December 2022 Author of the article: Published Mar 15, 2023  •  Last updated 9 hours ago  •  1 minute read A sign board displaying the TSX in Toronto’s financial district. Photo by Evan Buhler/The Canadian Press Canada’s main stock index fell 1.6 per cent on Wednesday, dragged down by energy… Continue reading Toronto stocks join global selloff as Credit Suisse sparks concerns

Canadian start-ups face funding ‘pressure cooker’ in wake of SVB collapse

Bottleneck likely to split the market into the worthy and the bereft Published Mar 13, 2023  •  Last updated 1 day ago  •  5 minute read The Silicon Valley Bank branch office in downtown San Francisco, California. Photo by Kori Suzuki/Reuters files The demise of Silicon Valley Bank will add to the pressure on Canadian venture-stage… Continue reading Canadian start-ups face funding ‘pressure cooker’ in wake of SVB collapse

Canada yields take historic dive as investors bet on interest rate cuts

Investors betting the Bank of Canada will cut rates in coming months to counter fallout U.S. bank collapses Author of the article: Bloomberg News Esteban Duarte and Erik Hertzberg Published Mar 13, 2023  •  Last updated 1 day ago  •  2 minute read Bank of Canada governor Tiff Macklem. Photo by Blair Gable/Reuters The yield on… Continue reading Canada yields take historic dive as investors bet on interest rate cuts

Stock Market Today: Stocks Struggle on Credit Suisse, First Republic Bank Concerns

Stocks spent most of Wednesday in panic-selling mode as the fallout of the Silicon Valley Bank/Signature Bank failures spread to Swiss bank Credit Suisse (CS (opens in new tab)) and throughout the broader European financial market. But while bank stocks suffered significant losses today, the major indexes closed well off their lows.  Credit Suisse plunged… Continue reading Stock Market Today: Stocks Struggle on Credit Suisse, First Republic Bank Concerns

Best Communication Services Stocks to Buy Now

Historically, communication services is a robust sector with resilient fundamentals. This diverse segment of the market includes companies involved in advertising, broadcasting, internet media services, publishing, entertainment and mobile telecom services. The best communication services stocks range from mature operators that have been around for decades and pay attractive dividends to early stage growth startups,… Continue reading Best Communication Services Stocks to Buy Now