Stocks look vulnerable to a short-term decline of up to 10%, a JPMorgan Asset Management strategist told Bloomberg. “I’m not particularly optimistic about this current rally. I don’t really think it has legs,” said global market strategist Jack Manley. But there’s a silver lining going into 2023 – “stocks aren’t expensive anymore,” he said. Loading… Continue reading Stocks could fall by up to 10% in the short term and the big question facing investors in 2023 is how bad earnings will be, says JPMorgan strategist
Interest rates probably won’t stay high, thanks to a shrinking workforce and the tech industry’s ‘midlife crisis,’ top economist Paul Krugman says
Interest rates probably won’t stay high, top economist Paul Krugman wrote in an op-ed. Higher rates are temporary due to lingering effects of COVID-19, and will likely be dragged down by lower investment demand. “What all this suggests to me is that the era of cheap money is not, in fact, over,” Krugman said. Loading… Continue reading Interest rates probably won’t stay high, thanks to a shrinking workforce and the tech industry’s ‘midlife crisis,’ top economist Paul Krugman says
Oil slides 6% as OPEC+ is said to be discussing partial reversal of production cuts and increasing output by up to 500,000 barrels a day
Oil prices Monday, extending losses after a WSJ report that OPEC+ was discussing an output increase. Delegates said an increase would be in response to expectations of higher demand in the winter months. Saudi Arabia and Russia would be at odds over what could be a partial reversal of cuts made in October. Loading Something… Continue reading Oil slides 6% as OPEC+ is said to be discussing partial reversal of production cuts and increasing output by up to 500,000 barrels a day
Mom taught me how: Six conversations to have with your daughters to ensure their financial wellness
Financial literacy is key to a successful financial future Help your daughter grow up to be strong and independent by teaching financial literacy. Photo by Getty Images/iStockphoto By Louise Stevenson Advertisement 2 This advertisement has not loaded yet, but your article continues below. We all want our daughters to grow up to be strong and… Continue reading Mom taught me how: Six conversations to have with your daughters to ensure their financial wellness
Avoid a financial catastrophe in the new year with these holiday shopping tips
This advertisement has not loaded yet, but your article continues below. Watch: Personal finance educator Kelley Keehn talks about the impact of inflation on Canadians’ budgets Inflation is having an impact on Canadians’ wallets. Photo by Getty Images/iStockphoto Article content Kelley Keehn, a personal finance educator, speaks with the Financial Post’s Larysa Harapyn about the… Continue reading Avoid a financial catastrophe in the new year with these holiday shopping tips
‘Team Transitory’ holdout Stephen Poloz says the Bank of Canada is close to getting inflation under control
And it shouldn’t take a major recession to get there Publishing date: Nov 18, 2022 • 2 days ago • 6 minute read 39 Comments Former Bank of Canada governor Stephen Poloz still maintains that inflation pressures are temporary. Photo by Chris Young /The Canadian Press When inflation jumped out of the Bank of Canada’s comfort… Continue reading ‘Team Transitory’ holdout Stephen Poloz says the Bank of Canada is close to getting inflation under control
Five tips to keep your credit score safe this holiday shopping season
Credit is not good or bad; it is how we use it and manage it that can have an impact Credit can be a great tool to help us get those things we couldn’t otherwise afford upfront. Photo by Getty Images/iStockphoto By Sandra Fry Advertisement 2 This advertisement has not loaded yet, but your article… Continue reading Five tips to keep your credit score safe this holiday shopping season
If you disagree with a CRA assessment, make sure you file an objection on time — or else
Jamie Golombek: For these taxpayers, skipping step of filing objections to CRA proved fatal to their Tax Court cases The Canada Revenue Agency’s headquarters in Ottawa. Photo by Errol McGihon/Postmedia If you disagree with how the Canada Revenue Agency has assessed your tax return, you have the proverbial right to your day in court. But… Continue reading If you disagree with a CRA assessment, make sure you file an objection on time — or else
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