A lack of housing inventory has represented one of the biggest problems confronting potential home buyers during the covid pandemic. Now, some progress on that front has arrived. The inventory of homes with active listings jumped 8% in May from a year earlier, Realtor.com reports. More new listings entered the market in May than in any other… Continue reading Housing Market: A Glimmer of Hope for Buyers as Inventories Rise
Desjardins chief defends ESG amid skepticism from big fund bosses
Guy Cormier said if business partners not serious about ESG, Desjardins will simply ‘leave the table’ Desjardins’ headquarters in Montreal. Photo by Brent Lewin/Bloomberg Companies have been jumping on the environmental, social and corporate governance (ESG) bandwagon for years, but it’s not just a fad for Desjardins Group, it’s the Lévis, Que.-based firm’s modus operandi.… Continue reading Desjardins chief defends ESG amid skepticism from big fund bosses
Zombie firms face slow death as era of easy credit ends
The end result could be a prolonged stretch of bankruptcies unlike any in recent memory Author of the article: Meme-stock favourite AMC Entertainment Holdings Inc. is one example of a corporate zombie. Photo by Angela Weiss/AFP via Getty Images They are creations of easy credit, beneficiaries of central bank largesse. And now that the era… Continue reading Zombie firms face slow death as era of easy credit ends
Green still grey area for ESG investors despite mounting scrutiny by watchdogs in U.S. and Canada
A lack of standardized terms and metrics mean those buying the funds must be wary, investors advocates say Identifying “green-washing” in the ESG industry is tricky because there are no strict or uniform criteria for what funds must accomplish on social, environmental or governance issues. Photo by Getty Images Regulators in Canada and the United… Continue reading Green still grey area for ESG investors despite mounting scrutiny by watchdogs in U.S. and Canada
Stock Market Today: New Month, Same Ol’ Stomach-Churning Market | Kiplinger
Stock Market Today June kicked off with another up-and-down day as Wall Street digested signs of economic slowing and a more hawkish Fed.More pockmarks on the prospects for the U.S. economy sent America’s major stock indexes into a near-360 during June’s first trading session. JPMorgan Chase (JPM, -1.8%) CEO Jamie Dimon unnerved some on Wall… Continue reading Stock Market Today: New Month, Same Ol’ Stomach-Churning Market | Kiplinger
US stocks slip as investors weigh economic warnings and eye start to Fed shrinking its balance sheet
US stocks fell slightly on Wednesday as investors braced for the start of the Fed’s balance sheet reduction plans.The Fed plans to reduce its $9 trillion balance sheet by $45 billion this month, and will increase the roll-off over time.JPMorgan’s Jamie Dimon warned that an economic hurricane is approaching and that it requires preparation. Loading… Continue reading US stocks slip as investors weigh economic warnings and eye start to Fed shrinking its balance sheet
Solana tumbles as its blockchain network suffers 2nd outage in a month
Solana fell 10% Wednesday after reports of an outage on its blockchain network. Solana asked validators on its blockchain to restart the network to remedy the issue. The cryptocurrency promotes itself as a high-performance blockchain meant to compete with Ethereum. Loading Something is loading. Solana, the third largest cryptocurrency by market capitalization, fell 10% Wednesday… Continue reading Solana tumbles as its blockchain network suffers 2nd outage in a month
The stock market will recover all of its 2022 losses by year-end as the economy avoids recession and Ukraine risks lessen, JPMorgan says
The stock market will erase its year-to-date losses and finish the year flat, according to JPMorgan’s Marko Kolanovic.Kolanovic reiterated his view that the US economy will avoid a recession this year as consumers remain in solid shape.The big upside for stocks is a resolution to the Russia-Ukraine conflict, which Kolanovic expects by year-end. Loading Something… Continue reading The stock market will recover all of its 2022 losses by year-end as the economy avoids recession and Ukraine risks lessen, JPMorgan says
Recent Post
