The iShares U.S. Home Construction ETF climbed Tuesday with shares of the country’s largest home builders rising. The ETF rose after data showed housing starts for single-family homes rose 2.7% in March. The ETF has jumped this year and may be signaling better conditions for home builders. Loading Something is loading. Thanks for signing… Continue reading Housing stocks are surging after data shows new home construction jumped in March
Bank of America CEO Brian Moynihan says inflation signs are ‘tipping down,’ but there’s still a mild recession headed for the US economy
Bank of America’s CEO predicted the US economy will fall into a “slight recession.” Brian Moynihan told investors that he sees signs of inflation “tipping down” during an earnings call. “Everything points to a relatively mild recession given the amount of stimulus that was paid to people and the money they have left over.” Loading… Continue reading Bank of America CEO Brian Moynihan says inflation signs are ‘tipping down,’ but there’s still a mild recession headed for the US economy
Investors who ‘sell in May and go away’ this year could miss a big summer rally in the stock market, Bank of America says
Investors that follow the old Wall Street adage “sell in May and go away” could miss a summer rally this year, according to Bank of America.The bank found that the stock market tends to rally during the summer of the third year of a presidential cycle.”Instead of ‘sell in May and go away’ it should… Continue reading Investors who ‘sell in May and go away’ this year could miss a big summer rally in the stock market, Bank of America says
Ray Dalio says fewer countries want to hold the dollar as China trade grows and Russia sanctions expose new risks
Global central banks are less willing to hold the dollar, billionaire investor Ray Dalio said. One reason is that China’s share of global trade is rising while the US share is falling. Another is that Western sanctions against Russia have exposed new risks for holding dollar assets. Loading Something is loading. Thanks for signing up!… Continue reading Ray Dalio says fewer countries want to hold the dollar as China trade grows and Russia sanctions expose new risks
McDonald’s brings back the Hamburglar to promote tweaks to its burgers
Putting softer buns and extra Big Mac sauce on Big Macs and has tweaked cooking process to ‘get hotter, meltier cheese’ Author of the article: Bloomberg News Brandon Sapienza Published Apr 17, 2023 • Last updated 16 hours ago • 1 minute read A McDonald’s Big Mac. Photo by Paul J. Richards/AFP/Getty Images McDonald’s Corp. is… Continue reading McDonald’s brings back the Hamburglar to promote tweaks to its burgers
Theo Argitis: Why economists – not politicians – are raising alarms around immigration
Red flags on housing and return on economic growth Published Apr 17, 2023 • Last updated 17 hours ago • 3 minute read Prime Minister Justin Trudeau has set ambitious immigration targets that are forecast to expand Canada’s population by nine per cent over the next six years. One of the most encouraging national polls in… Continue reading Theo Argitis: Why economists – not politicians – are raising alarms around immigration
Canada’s main inflation indicator will plunge this week: What that means for interest rates
Will interest rates soon follow inflation lower? Get the latest from Stephanie Hughes straight to your inbox Published Apr 17, 2023 • Last updated 19 hours ago • 5 minute read Bank of Canada Governor Tiff Macklem takes part in a news conference after announcing an interest rate decision in Ottawa. Photo by Blair Gable/Reuters/File Photo… Continue reading Canada’s main inflation indicator will plunge this week: What that means for interest rates
Trudeau loses trust on economy after run-up in pandemic spending
New poll shows just 27% trust him most among Canada’s political leaders to support economic growth Author of the article: Bloomberg News Brian Platt Published Apr 17, 2023 • Last updated 16 hours ago • 3 minute read Prime Minister Justin Trudeau and Deputy Prime Minister and Minister of Finance Chrystia Freeland arrive to deliver the… Continue reading Trudeau loses trust on economy after run-up in pandemic spending
Recent Post
