Skeptical investors worry whether advances in AI will make money

Investors are caught between excitement over AI and a broader tech downturn that has led to falling investment in startups Author of the article: Financial Times George Hammond in San Francisco Published Mar 07, 2023  •  4 minute read Join the conversation The recent launch of “generative AI” tools such as OpenAI LLC’s ChatGPT chatbot… Continue reading Skeptical investors worry whether advances in AI will make money

Posthaste: Housing market correction is hitting these cities the hardest — and they’re not Toronto or Vancouver

Economists see another 10% fall in home prices this year A sign post in St. Catharines, Ont,. shows the distances in nautical miles to ports near and far. Many small cities across Ontario are experiencing the worst hit from the housing correction. Photo by Denis Cahill/Postmedia Good Morning, Advertisement 2 This advertisement has not loaded… Continue reading Posthaste: Housing market correction is hitting these cities the hardest — and they’re not Toronto or Vancouver

Fewer Canadians have emergency savings on hand, driving down economic sentiment: poll

Household outlook index sinks back to record low Fewer Canadians seem said they have enough savings to cover off two months of unexpected costs. Photo by Osarieme Eweka /Getty Images/iStockphoto Canadians’ outlook for the economy deteriorated in February, as a greater number of households showed signs of worry about the state of their savings, according… Continue reading Fewer Canadians have emergency savings on hand, driving down economic sentiment: poll

Tesla no longer Morgan Stanley’s top U.S. automaker pick

Morgan Stanley analyst now prefers Italian luxury-car maker Ferrari NV Author of the article: Bloomberg News Chiara Remondini Published Mar 06, 2023  •  2 minute read Join the conversation The Ferrari logo on the hood of a 488 GTB sports vehicle parked outside of the New York Stock Exchange. Photo by John Taggart/Bloomberg files Tesla… Continue reading Tesla no longer Morgan Stanley’s top U.S. automaker pick

3 factors affecting our currency that will hurt Canadians for years to come

Canadians will have to get used to a weaker, range-bound loonie for some time Published Mar 06, 2023  •  Last updated 17 hours ago  •  3 minute read 7 Comments Higher interest rates will have a bigger impact on the Canadian economy and inflation than in the U.S., writes Martin Pelletier. Photo by Mark Blinch/Reuters/File Photo… Continue reading 3 factors affecting our currency that will hurt Canadians for years to come

Stock market’s fate will be determined in the next 13 trading sessions

Four coming events that will make or break this year’s rally Author of the article: Bloomberg News Jessica Menton and Elena Popina Published Mar 05, 2023  •  Last updated 11 hours ago  •  4 minute read Join the conversation Traders will be monitoring four major events in the next 13 trading sessions.   Photo by REUTERS/Brendan… Continue reading Stock market’s fate will be determined in the next 13 trading sessions

FP Answers: Should I include a pension as part of my fixed-income holdings when determining my asset mix?

If volatility bothers you, including your pension in your portfolio allocation may not be a good idea A Canada Pension Plan statement of contributions. Photo by Getty Images/iStockphoto By Julie Cazzin with Allan Norman Advertisement 2 This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe… Continue reading FP Answers: Should I include a pension as part of my fixed-income holdings when determining my asset mix?

Circumstances may cause investors some delays, but never lose sight of your goal

There’s a lot of money to be made in highly cyclical industries by managing the lag effect A trader works on the floor of the New York Stock Exchange. Photo by Brendan McDermid/Reuters files One of the delights of driving an electric car is the pasted-in-your-seat acceleration. There’s nothing like it. You push the pedal… Continue reading Circumstances may cause investors some delays, but never lose sight of your goal