Watch: Gregory Valliere, chief U.S. policy strategist at AGF Investments, talks about how U.S. political shifts will impact Canada A pipe yard servicing the Trans Mountain pipeline in B.C. Photo by Jennifer Gauthier/Reuters Gregory Valliere, chief U.S. policy strategist at AGF Investments Inc., talks with the Financial Post’s Larysa Harapyn about how political shifts in… Continue reading Pipeline push likely after U.S. midterms
Growth investors are keeping the faith after the tech selloff, but have modified their strategies
Prominent fund managers nursing heavy losses after a golden age of returns are adapting to a new reality Author of the article: Financial Times Harriet Agnew in London Cathie Wood’s flagship exchange-traded fund Ark Innovation has dropped about 55 per cent this year to date. Photo by David Swanson/Reuters files Growth investors are, by nature,… Continue reading Growth investors are keeping the faith after the tech selloff, but have modified their strategies
Trudeau announces billions in cost-of-living relief, says it won’t fuel inflation
Double GST rebate and top up housing benefit for renters Author of the article: Bloomberg News Brian Platt Publishing date: Sep 13, 2022 • 5 days ago • 2 minute read • 55 Comments Prime Minister Justin Trudeau announced a package of new measures to help Canadians cope with steeply rising prices. Photo by REUTERS/Jennifer Gauthier… Continue reading Trudeau announces billions in cost-of-living relief, says it won’t fuel inflation
Canadian household wealth falls by nearly $1 trillion as real estate, financial markets pummelled
Debt growth also outpaced income gains, as households added $56.3 billion of debt in second quarter Canadian households faced rising financial headwinds in the second quarter. Photo by Getty Images/iStockphoto The value of Canadian residential real estate fell for the first time since 2018 in the second quarter of 2022, helping to drag down the… Continue reading Canadian household wealth falls by nearly $1 trillion as real estate, financial markets pummelled
Recession or Not? We Could Be in the Eye of the Storm | Kiplinger
investing Our economy is showing one major sign we’re in a recession, but there are at least seven other red flags currently waving. It’s tough to ignore a threat like that.After suffering the worst six-month loss in over 50 years the S&P 500 and other indexes stabilized and then rallied for two months only to… Continue reading Recession or Not? We Could Be in the Eye of the Storm | Kiplinger
The Fed will likely refrain from a 100-basis-point rate hike this week to avoid unnerving already anxious markets, CFRA says
The Federal Reserve is set to raise interest rates on Wednesday, but it’s unlikely to hike them by 100 basis points, CFRA said Monday. Such a massive hike would “unnerve Wall Street” as it would imply policymakers are overreacting to the August inflation report. Investors are pricing in a 20% probability of a rate move… Continue reading The Fed will likely refrain from a 100-basis-point rate hike this week to avoid unnerving already anxious markets, CFRA says
The UAE is pushing to produce 5 million barrels per day of crude oil 5 years earlier than previously disclosed, report says
The UAE is pushing up a target date for increased crude oil output by five years, according to Bloomberg. State-run producer ADNOC wants to produce 5 million barrels per day by 2025, up from a previously disclosed target of 2030. The UAE could target 6 million bpd by 2030 if the 2025 goal is successful. … Continue reading The UAE is pushing to produce 5 million barrels per day of crude oil 5 years earlier than previously disclosed, report says
Take-Two sinks after a hacker leaks hours of highly anticipated Grand Theft Auto 6 footage
Take-Two Interactive stock tumbled 3% on Monday following a weekend leak of Grand Theft Auto 6 footage.A hacker released hours of early development footage of the highly anticipated open world game.Wall Street analysts are concerned that the hack could push back the game’s release date. Loading Something is loading. Shares of Take-Two Interactive Software tumbled… Continue reading Take-Two sinks after a hacker leaks hours of highly anticipated Grand Theft Auto 6 footage
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