Warren Buffett trashed bitcoin, praised Elon Musk and Jeff Bezos, and decried stock-market gambling. The famed investor discussed inflation and retirement, and blasted deceptive earnings adjustments. Here are Buffett’s 10 best quotes of 2022. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go.… Continue reading Warren Buffett called out stock-market gamblers, savaged bitcoin, and praised Elon Musk and Jeff Bezos last year. Here are his 10 best quotes of 2022.
‘Big Short’ investor Michael Burry predicts a US recession and inflation spike in 2023
Michael Burry said he expects the US to slump into recession in 2023 and inflation to spike again. The “Big Short” investor predicted inflation would decline overall in 2023 as the economy weakened. The Fed and US government would respond with stimulatory policy, causing inflation to jump again, he said. Loading Something is loading. Thanks… Continue reading ‘Big Short’ investor Michael Burry predicts a US recession and inflation spike in 2023
Greedflation outcry will fade when facts revealed
This advertisement has not loaded yet, but your article continues below. Watch: Gary Sands talks about the outlook for the food sector in 2023 A person pushes a shopping cart through the produce section of a grocery store in Toronto. Photo by Carlos Osorio/Reuters Article content Gary Sands, senior vice president at the Canadian Federation… Continue reading Greedflation outcry will fade when facts revealed
BHP to start recruiting hundreds to operate world’s largest potash mine in Saskatchewan
Planning to hire 600 people in 2023, with large portion of workforce drawn from local community A construction worker “tubbing” a mine shaft at BHP Billiton Ltd.’s Jansen potash mine. Photo by BHP Billiton Seasons change, and so does the weather, but one thing remains constant in Saskatchewan: BHP Group Ltd. keeps pressing forward with… Continue reading BHP to start recruiting hundreds to operate world’s largest potash mine in Saskatchewan
Choppy stock, bond markets make alternative investments more attractive
The important role alternative investments can play in support of a 60/40 portfolio is one of the key takeaways from 2022 A stock trader works on the floor of the New York Stock Exchange on Dec. 21 in New York City. It’s been a tough year for the classic 60/40 investment portfolio. Photo by Michael… Continue reading Choppy stock, bond markets make alternative investments more attractive
Independent assessment of Paramount Fine Foods ordered by judge in long-running dispute
‘The deadlock must be broken, or all hands will go down with the ship’ Signs for Paramount Fine Foods in the Gateway Plaza. Photo by DAX MELMER/Windsor Star files A judge has ordered boardroom changes and an independent assessment of Paramount Fine Foods’ financials to resolve a paralyzing dispute between prominent businessman Mohamad Fakih and… Continue reading Independent assessment of Paramount Fine Foods ordered by judge in long-running dispute
Extreme cold weather knocks out Suncor refinery until next March
Colorado facility represents 21% of Suncor’s refining capacity Published Dec 29, 2022 • 1 minute read 5 Comments Suncor’s Commerce City refinery in Colorado has been closed for repairs after extreme cold weather in the U.S. damaged equipment. Photo by Suncor Energy Inc. Extreme cold weather in the United States has knocked out operations at… Continue reading Extreme cold weather knocks out Suncor refinery until next March
Wall Street’s biggest Tesla bull still sees the stock rebounding 122% from current levels – and doesn’t blame Musk’s Twitter dalliance for a brutal December sell-off
Tesla stock is down more than 65% in 2022, but longtime bull Adam Jonas of Morgan Stanley isn’t giving up. Despite recently trimming his price target, Jonas still sees 122% upside for Tesla shares. He thinks Tesla will extend its lead in the electric-vehicle space next year, and also benefit from the Inflation Reduction Act.… Continue reading Wall Street’s biggest Tesla bull still sees the stock rebounding 122% from current levels – and doesn’t blame Musk’s Twitter dalliance for a brutal December sell-off
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