Stocks dive, heading for worst selloff since June

A sobering tone took over Wall Street after a rally that added US$7 trillion to the stock market Author of the article: Bloomberg News Rita Nazareth A trader works on the floor of the New York Stock Exchange. Photo by Brendan McDermid/Reuters A sobering tone took over Wall Street after a rally that added US$7… Continue reading Stocks dive, heading for worst selloff since June

How to please the future you by taking investing actions today

Tom Bradley: These things are more important than being a brilliant stock picker or market timer, and way easier Traders work during the opening bell at the New York Stock Exchange on Wall Street in New York City. Photo by ANGELA WEISS/AFP via Getty Images files I want to take you into the realm of… Continue reading How to please the future you by taking investing actions today

David Rosenberg: Look under the hood and what do we see? An earnings recession

This market rally is misplaced; good time to sell While markets are cheering ‘better than feared’ Q2 earnings, a closer look reveals “a very clear pattern of erosion in corporate profits, entirely consistent with a continued slowdown in the economy,” says David Rosenberg’s team. Photo by REUTERS/Kai Pfaffenbach/File Photo By David Rosenberg and Brendan Livingstone… Continue reading David Rosenberg: Look under the hood and what do we see? An earnings recession

How one university student made $110 million trading a meme stock

Twenty-year-old Jake Freeman amassed a big stake in Bed Bath & Beyond before the share price soared Author of the article: Financial Times Antoine Gara and Madison Darbyshire in New York Publishing date: Aug 18, 2022  •  12 hours ago  •  3 minute read  •  8 Comments A Bed Bath & Beyond Inc. Inc. store stands… Continue reading How one university student made $110 million trading a meme stock

Noah Solomon: Stocks the undisputed champion for scoring long-term returns

If you like the idea of lower volatility, shallow losses in bear markets and higher long-term returns, buy high-quality, dividend-paying stocks Stocks are the big winner when it comes to long-term returns. Photo by Michael M. Santiago/Getty Images In times of volatility, stocks get a bad rap. But they are the undisputed champion by a… Continue reading Noah Solomon: Stocks the undisputed champion for scoring long-term returns

Quebec pension giant Caisse takes $33.6 billion investment hit in worst markets in 50 years

Pension fund writes off $150-million investment in bankrupt Celsius Publishing date: Aug 17, 2022  •  7 hours ago  •  3 minute read  •  22 Comments The Caisse de dépôt et placement du Québec posted a negative return of 7.9 per cent for the first six months of the year. Photo by Allen McInnis / Postmedia The… Continue reading Quebec pension giant Caisse takes $33.6 billion investment hit in worst markets in 50 years

The SPAC king goes silent with his empire shrivelling

The collapse in the value of SPACs has put a big dent in Chamath Palihapitiya’s net worth Author of the article: Bloomberg News Bailey Lipschultz Chamath Palihapitiya in 2015. Photo by David Paul Morris/Bloomberg via Getty Images The news came with little fanfare. It was late on a sleepy summer afternoon last week, and few… Continue reading The SPAC king goes silent with his empire shrivelling

Meme and thematic ETFs surge as inflation fears dip

Legislation paving the way for a boom in clean energy has powered strong performance in related funds Author of the article: Financial Times Steve Johnson Traders work under signage for GameStop Corp. on the trading floor at the New York Stock Exchange in Manhattan, New York City, U.S. Photo by REUTERS/Andrew Kelly files Beaten-up meme… Continue reading Meme and thematic ETFs surge as inflation fears dip