Bay Street thinks Macklem will cut rates to counter a recession in 2023: Bank of Canada survey

Survey suggests Macklem could struggle to convince investors he intends to leave borrowing costs at current levels Published Feb 06, 2023  •  3 minute read 9 Comments Bank of Canada Governor Tiff Macklem in Ottawa. Photo by Blair Gable/Reuters/File Photo Most of the biggest players on Bay Street think the Bank of Canada has stopped… Continue reading Bay Street thinks Macklem will cut rates to counter a recession in 2023: Bank of Canada survey

‘Year of the whiplash’: Loonie could fall up to four cents by end of 2023

This advertisement has not loaded yet, but your article continues below. Watch: ‘It could get very, very bumpy’ The loonie could get dragged down as Canadian households alter their spending patterns and that ripples out into the rest of the economy. Photo by Paul Chiasson/The Canaidan Press Article content Karl Schamotta, chief market strategist at… Continue reading ‘Year of the whiplash’: Loonie could fall up to four cents by end of 2023

Barry Choi: Here’s how to get the most bang for your reward bucks

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 Identify the right program for you Even though it can seem smart to join many programs to earn more… Continue reading Barry Choi: Here’s how to get the most bang for your reward bucks

Big Tech is back, but be careful about going all in on rate-sensitive sectors

Martin Pelletier: One should be careful if giving into FOMO is under consideration Pedestrians pass by the New York Stock Exchange on Wall Street in New York City. Photo by ANGELA WEISS/AFP via Getty Images files The United States Federal Reserve hiked its rate 25 basis points last week and indicated there is still more… Continue reading Big Tech is back, but be careful about going all in on rate-sensitive sectors

‘Hard lifting’ on inflation still to come, says CIO

This advertisement has not loaded yet, but your article continues below. Watch how investors should position themselves for the pivot and rebound in the market Bank of Canada governor Tiff Macklem, left, and Jerome Powell, chair of the U.S. Federal Reserve are waging a battle against inflation. Photo by Getty Images/Reuters Article content Greg Taylor,… Continue reading ‘Hard lifting’ on inflation still to come, says CIO

ChatGPT unleashes stock trader stampede for everything AI

Artificial intelligence latest buzzword to whip traders into a speculative froth, evoking memories of past bubbles Author of the article: Bloomberg News Jeran Wittenstein Published Feb 01, 2023  •  2 minute read Join the conversation The OpenAI website ChatGPT about page on a smartphone. Photo by Gabby Jones/Bloomberg A US$480-billion chipmaker whose processors are used… Continue reading ChatGPT unleashes stock trader stampede for everything AI

Higher interest rates here to stay until 2024: CIBC

This advertisement has not loaded yet, but your article continues below. Watch: ‘They have to make sure that inflation is dead before they start cutting interest rates’ Published Feb 04, 2023  •  Last updated 23 hours ago  •  < 1 minute read 6 Comments The Federal Reserve building in Washington, U.S. Photo by Joshua Roberts/Reuters/File Photo… Continue reading Higher interest rates here to stay until 2024: CIBC

Delissio pizza, Stouffer’s to disappear from shelves as Nestle Canada winds down frozen meals business

Lean Cuisine and Life Cuisine will also no longer be sold in Canada Author of the article: Published Feb 02, 2023  •  Last updated 2 days ago  •  2 minute read Join the conversation Delissio frozen pizzas are shown in the frozen food aisle at a grocery store in Toronto on Thursday, Feb. 2, 2023. Photo… Continue reading Delissio pizza, Stouffer’s to disappear from shelves as Nestle Canada winds down frozen meals business