Top economist Mohamed El-Erian said the US central bank is facing three major obstacles at once. Policymakers are navigating a “trilemma [of] price stability, maximum jobs, and also financial stability,” he told Bloomberg TV. Meanwhile, a credit contraction in the bank sector is equivalent to 25-50 basis points of tightening. Loading Something is loading. Thanks… Continue reading The US economy is facing the ultimate ‘trilemma’ as the Fed desperately tries to get inflation down, Mohamed El-Erian says
The stock market rally has run its course as earnings highlight weakening consumer demand, strategist says
US stocks are near highs for 2023, but the rally looks set to fade, the CIO of Blanke Schein Wealth Management said. Investors should avoid a “buy-the-dip mentality” amid shaky earnings and a murky outlook for interest rates. The S&P 500 has risen 19% from its bear-market low. Loading Something is loading. Thanks for signing… Continue reading The stock market rally has run its course as earnings highlight weakening consumer demand, strategist says
SpaceX and Rocket Lab are the only consistent and reliable launch companies as other space stocks have trouble raising capital, Bank of America says
A few years ago, several space-launch companies were coming on the scene, Bank of America said. But today, just two companies have proven to have consistent and reliable operations, analysts wrote. Meanwhile, most other companies have had trouble raising capital in the risk-averse environment. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading SpaceX and Rocket Lab are the only consistent and reliable launch companies as other space stocks have trouble raising capital, Bank of America says
Markets are facing a black swan event with ‘nowhere to hide’ as the latest rally has fueled a bubble that could burst at any time, veteran technical analyst says
Markets are facing a black swan event, according to veteran strategist Jeff Bierman. Bierman pointed to a positive correlation between 5 assets, which is a sign the market is overbought. “This is a witch’s brew for the pain trade to the downside,” Bierman said in a note on Thursday. Loading Something is loading. Thanks for… Continue reading Markets are facing a black swan event with ‘nowhere to hide’ as the latest rally has fueled a bubble that could burst at any time, veteran technical analyst says
Would a PSAC strike stoke inflation? Maybe, but it’s complicated
Federal workers want wage increases to keep up with inflation, but their demands could end up rekindling it Published Apr 19, 2023 • Last updated 19 hours ago • 6 minute read Public Service Alliance of Canada national executive vice-president Sharon DeSousa, left, and Quebec regional executive vice-president Yvon Barriere look on as national president Chris… Continue reading Would a PSAC strike stoke inflation? Maybe, but it’s complicated
Today’s special: An inverted yield curve with a side order of (possible) recession
Noah Solomon: But are the markets reading the tea leaves? Published Apr 18, 2023 • Last updated 1 day ago • 4 minute read Inverted yield curves are good predictors of recessions. Market valuations appear to be a little tone deaf to current conditions. Photo by Samuel Corum/Bloomberg By Noah Solomon Advertisement 2 This advertisement has… Continue reading Today’s special: An inverted yield curve with a side order of (possible) recession
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
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