The “good economic news is bad news” narrative continues to dominate the stock market. The recent stock rally is crumbling as inflation data shows the Fed still has more work to do. But data also shows the economy is strong, and that could help the US avoid a recession. Loading Something is loading. Thanks for… Continue reading Why the resilient US economy is making it difficult for stock investors to thrive
The stock market’s euphoric rally has been a head fake, Wall Street’s top strategists warn
Goldman Sachs, Morgan Stanley, and JPMorgan are warning that stocks are headed for a second wave of pain. The year-to-date rally can’t last, according to Morgan Stanley’s chief US equity strategist. The upside will fizzle because above-trend growth and a soft landing have already been priced into stocks. Loading Something is loading. Thanks for signing… Continue reading The stock market’s euphoric rally has been a head fake, Wall Street’s top strategists warn
Soft, hard, or no landing at all: Here’s what 5 Wall Street experts are saying about the fate of the US economy in 2023
Wall Street is torn over whether the US can still avoid a recession in 2023. Bullish commentators say the economy can keep roaring and sidestep a slowdown altogether. Here’s what five Wall Street experts are saying about the fate of the economy this year. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Soft, hard, or no landing at all: Here’s what 5 Wall Street experts are saying about the fate of the US economy in 2023
A veteran investment chief and former Moscow reporter says markets are pricing in at least another year of Russia’s war in Ukraine
The Russia-Ukraine conflict could last into 2024, according to the CIO of Spouting Rock Asset Management. Rhys Williams, who’s also a former Moscow-based journalist, explained how the market is viewing the war one year on “This is an existential war for Putin. It may not be in Russia’s interests to continue, but Putin is all… Continue reading A veteran investment chief and former Moscow reporter says markets are pricing in at least another year of Russia’s war in Ukraine
David Rosenberg: Time to call it the way I see it — the earnings recession is underway
Why am I the only one (almost) seeing the castles built on sand? Published Feb 24, 2023 • 6 minute read 5 Comments Investors should pay for earnings, not GDP, and the earnings recession is underway, says David Rosenberg. Photo by Getty Images I have published a daily piece since 1998, but I’m really a… Continue reading David Rosenberg: Time to call it the way I see it — the earnings recession is underway
So you’ve been laid off: Here’s what to do to keep your finances from going awry
Sandra Fry: There are steps you can take to make dealing with a reduction in income a bit easier If your income cut was a shock, don’t spend money on anything that isn’t absolutely necessary until you know where you stand. Photo by Getty Images/iStockphoto One of the hardest situations to face in life is… Continue reading So you’ve been laid off: Here’s what to do to keep your finances from going awry
FP Answers: When is capital gains tax due on a cottage purchased in joint tenancy with two other people?
RRSP contributions are one way of reducing capital gains tax A large cottage on Lake Rosseau in Muskoka, Ont. Photo by James MacDonald/Bloomberg files Julie Cazzin with Andrew Dobson Advertisement 2 This advertisement has not loaded yet, but your article continues below. REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue… Continue reading FP Answers: When is capital gains tax due on a cottage purchased in joint tenancy with two other people?
How RRSPs let you save for retirement on an effectively tax-free basis
Jamie Golombek: RRSPs allow us to earn effectively tax-free investment income, and that’s not a typo: tax free, not merely tax deferred Published Feb 23, 2023 • Last updated 10 hours ago • 4 minute read 9 Comments The investment return on your net RRSP contribution is mathematically equivalent to the tax-free return you could achieve… Continue reading How RRSPs let you save for retirement on an effectively tax-free basis