Cathie Wood’s Canadian ETF partner, Emerge, hit with trading ban

Regulators slapped firm with trading bans on 11 of its funds, including 6 Ark Investment Management-partnered funds Author of the article: Bloomberg News Geoffrey Morgan Published Apr 17, 2023  •  Last updated 1 day ago  •  2 minute read Cathie Wood, chief executive of Ark Investment Management, at a bitcoin conference in 2022. Photo by Bloomberg… Continue reading Cathie Wood’s Canadian ETF partner, Emerge, hit with trading ban

‘Canada’s a paragon of safe banking’: Why Canada has had no bank failures since 2001, while the U.S. has had hundreds

Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance Canadian banks feel the stress Unlike the U.S., all banks in Canada must pass stress tests, regardless of their… Continue reading ‘Canada’s a paragon of safe banking’: Why Canada has had no bank failures since 2001, while the U.S. has had hundreds

David Rosenberg: The investor’s guide to the coming Federal Reserve pause

What history tells us about asset-class performance between the last rate hike and the first cut Published Apr 14, 2023  •  4 minute read Federal Reserve Board Chair Jerome Powell. Photo by REUTERS/Leah Millis By David Rosenberg and Marius Jongstra Advertisement 2 This advertisement has not loaded yet, but your article continues below. THIS CONTENT… Continue reading David Rosenberg: The investor’s guide to the coming Federal Reserve pause

Bank of Canada ‘may need to hike again:’ What the economists are saying about the latest inflation data

Consumer price index data puts inflation on track to slow to 3% this year Published Apr 18, 2023  •  Last updated 16 hours ago  •  6 minute read While inflation appears to be moving in the right direction, economists warned of some “sticky” areas that could prove challenging to the Bank of Canada. Photo by Darren… Continue reading Bank of Canada ‘may need to hike again:’ What the economists are saying about the latest inflation data

Inflation drops below 5% for the first time in more than a year: What that means to Canadians

Inflation on track with Bank of Canada expectations, but hikes still on the table Get the latest from Kevin Carmichael straight to your inbox Published Apr 18, 2023  •  Last updated 19 hours ago  •  4 minute read Statistics Canada’s consumer price index increased 4.3 per cent from March 2022, the smallest year-over-year increase since August… Continue reading Inflation drops below 5% for the first time in more than a year: What that means to Canadians

Bearish investors most underweight stocks versus bonds since 2009, BofA says

Fears of a credit crunch had driven up bond allocation to a net 10% overweight Author of the article: Bloomberg News Sagarika Jaisinghani Published Apr 18, 2023  •  2 minute read Stock market information at the Nasdaq MarketSite in New York. Photo by Michael Nagle/Bloomberg Investor allocation to equities relative to bonds has dropped to… Continue reading Bearish investors most underweight stocks versus bonds since 2009, BofA says

Loblaw hires European retail executive Per Bank as new CEO

European retail exec Per Bank will join the company by early 2024; Weston will remain chairman Get the latest from Jake Edmiston straight to your inbox Author of the article: Published Apr 18, 2023  •  Last updated 16 hours ago  •  3 minute read Galen Weston will step aside as president but remain chairman of Loblaw.… Continue reading Loblaw hires European retail executive Per Bank as new CEO