Buy the dip in banks as the Silicon Valley Bank crisis is unlikely to spread, Goldman Sachs says

Investors could take advantage of the bank sell-off, Goldman Sachs wrote in a Thursday note. The risk of a broader contagion from smaller regional banks is unlikely, analysts said. “We reiterate our overweight recommendation on the sector and would use any large selloff as an opportunity to add risk.” Loading Something is loading. Thanks for… Continue reading Buy the dip in banks as the Silicon Valley Bank crisis is unlikely to spread, Goldman Sachs says

Carl Icahn warned against trading stocks, railed against bad bosses, and revealed what drives him in a recent documentary. Here are his 12 best quotes.

Carl Icahn cautions against playing the market and recommends taking a contrarian view. He defends activist investing and trashes overpaid, subpar executives. Here are his 12 best quotes from a recent documentary titled “Icahn: The Restless Billionaire.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading Carl Icahn warned against trading stocks, railed against bad bosses, and revealed what drives him in a recent documentary. Here are his 12 best quotes.

A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

Nadia Evangelou, senior economist for the National Association of Realtors, sees a rebound coming.  Easing inflation will bring mortgage rates down, and tight supplies will send prices higher.  In her view, the US will avoid both the recession and housing crash that others have forecasted.  Loading Something is loading. Thanks for signing up! Access your… Continue reading A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

Buy these 24 quality stocks to safeguard your portfolio from higher interest rates, according to BMO Capital Markets

The US economy has defied expectations by staying strong despite higher interest rates. But BMO Capital Markets warns that weakness may be coming, since monetary policy works with a lag. Here are 24 high-quality stocks to buy now to protect your portfolio from higher rates. To the shock of the Federal Reserve and many on… Continue reading Buy these 24 quality stocks to safeguard your portfolio from higher interest rates, according to BMO Capital Markets

Silicon Valley Bank imploded in a single day. It could just be the tip of the iceberg.

The Federal Reserve’s prolonged period of low interest rates created many financial dislocations that are now flaring up.Case in point: Silicon Valley Bank imploded in a single day after surging interest rates caused it to sell a bond portfolio at a huge loss.The situation is an example of how low-interest-rate risk-taking can backfire as financial… Continue reading Silicon Valley Bank imploded in a single day. It could just be the tip of the iceberg.

Canada’s job gains more than double expectations

Unemployment rate was unchanged at 5% Canada’s economy gained twice as many jobs as expected in February. Photo by Joe Raedle/Getty Images Canada’s economy gained 21,800 jobs in February, and the unemployment rate was unchanged at 5 per cent. Advertisement 2 This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS… Continue reading Canada’s job gains more than double expectations

Loonie will be factor when deciding whether interest rates stay on hold: Carolyn Rogers

Canadian dollar’s decline could continue if U.S. Fed hikes rates higher Published Mar 10, 2023  •  Last updated 13 hours ago  •  3 minute read 10 Comments A weaker Canadian dollar has the potential to make the Bank of Canada’s attempt to contain price pressures more complicated, said deputy governor Carolyn Rogers. Photo by National Post… Continue reading Loonie will be factor when deciding whether interest rates stay on hold: Carolyn Rogers

FP Answers: How do I determine when to claim my rental condo repairs as an expense?

No general rule, but there are several factors to consider when timing a deduction claim Items for a rental property such as a fireplace and carpet replacement are most likely a capital expense. Photo by Getty Images/iStockphoto By Julie Cazzin and Andrew Dobson Advertisement 2 This advertisement has not loaded yet, but your article continues… Continue reading FP Answers: How do I determine when to claim my rental condo repairs as an expense?