FTX’s meltdown was painful but necessary for the industry to grow up, bitcoin bull and Microstrategy CEO Michael Saylor says

MicroStrategy founder Michael Saylor says FTX’s downfall helped root out crypto’s bad actors.  Saylor called for more regulation in the space during an interview with CNBC last week. The bitcoin bull says crypto “needs clear guidelines from Congress” and “rules of the road from the SEC.” Loading Something is loading. Thanks for signing up! Access… Continue reading FTX’s meltdown was painful but necessary for the industry to grow up, bitcoin bull and Microstrategy CEO Michael Saylor says

Jerome Powell mentioned ‘disinflation’ 15 times in his Fed Q&A this week. Here’s how that could guide markets.

Fed Chair Jerome Powell mentioned disinflation 15 times in a Q&A with reporters this week. The Fed raised interest rates by 25 basis points Wednesday, in its latest tightening move. Powell’s nod to slowing price increases has added to market speculation that rates may start falling this year. Loading Something is loading. Thanks for signing… Continue reading Jerome Powell mentioned ‘disinflation’ 15 times in his Fed Q&A this week. Here’s how that could guide markets.

BANK OF AMERICA: Buy these 15 stocks that can give portfolios an extra boost when they beat earnings and sales expectations

Earnings are front and center for some of the largest US companies right now. Bank of America strategist Jill Carey Hall suggests investing in high-quality companies. She names a group of “Buy”-rated companies that look likely to report better-than-expected earnings. Earnings reports are driving some of the biggest moves on the stock market right now… Continue reading BANK OF AMERICA: Buy these 15 stocks that can give portfolios an extra boost when they beat earnings and sales expectations

Bond correction coming: What an economist and an investor say about inflation

FP Video looks at where markets and the economy are headed Chair Jerome Powell and fellow policymakers lifted the Fed’s target for its benchmark rate by a quarter percentage point to a range of 4.5 per cent to 4.75 per cent this week. Photo by Drew Angerer/Getty Images The U.S. Federal Reserve raised its benchmark… Continue reading Bond correction coming: What an economist and an investor say about inflation

Freeland pledges fiscal prudence to avoid feeding inflation even as demands for spending grow

Finance minister said she must show restraint because Canada’s economy is at risk of sliding into a recession Minister of Finance Chrystia Freeland in Ottawa. Photo by Sean Kilpatrick/The Canadian Press files Finance Minister Chrystia Freeland said Canada has a “once in a generation” moment to invest in infrastructure that will improve the delivery of… Continue reading Freeland pledges fiscal prudence to avoid feeding inflation even as demands for spending grow

Cathie Wood says ARKK is ‘the New Nasdaq’

ARK Innovation ETF jumped 42% this year — more than twice as much as the Nasdaq 100 Author of the article: Bloomberg News Emily Graffeo and Carol Massar Published Feb 03, 2023  •  2 minute read Join the conversation Cathie Wood, founder of ARK Investment Management, speaking at the 2022 Milken Institute Global Conference in… Continue reading Cathie Wood says ARKK is ‘the New Nasdaq’

How investors can ride the EV boom without betting on Elon Musk

Should investors wait before betting on EVs? Or is it time to plunge into assets that could benefit from the EV revolution? Author of the article: Financial Times Harry Dempsey and Kenza Bryan Published Feb 03, 2023  •  4 minute read Join the conversation Tesla Inc. vehicles at a service centre in San Diego, California.… Continue reading How investors can ride the EV boom without betting on Elon Musk

Two out of five Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse

WATCH NOW: Video: What does your money personality mean for your relationships? Ken Honda shares his insights. Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance The seven… Continue reading Two out of five Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse