Rising interest rates a motivating factor in paying off mortgage, but there are pros and cons to using TFSA savings Published Apr 14, 2023 • Last updated 59 minutes ago • 3 minute read Using all your TFSA money and savings to pay off a mortgage essentially turns available liquid money into illiquid home equity. Photo… Continue reading FP Answers: Should we use the money in our TFSAs to pay off our mortgage?
Kevin Carmichael: 3 things the Bank of Canada subtly told us at its press conference
Three observations that shed light on the central bank’s thinking Get the latest from Kevin Carmichael straight to your inbox Published Apr 13, 2023 • Last updated 17 hours ago • 6 minute read Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers leave a news conference after announcing an interest rate decision… Continue reading Kevin Carmichael: 3 things the Bank of Canada subtly told us at its press conference
Sean Cooper: Distressed housing sales can be a deal for buyers, but you should know the risks
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 What is a distressed sale and how does it happen? A distressed sale is one where a homeowner is… Continue reading Sean Cooper: Distressed housing sales can be a deal for buyers, but you should know the risks
Stock Market Today: Stocks Climb After Promising PPI, Jobless Claims
An encouraging reading on inflation lit a fire under stocks Thursday, with all three indexes closing solidly higher. Another sign that the labor market is starting to soften only created bigger tailwinds for stocks, while quarterly results from Delta Air Lines (DAL (opens in new tab)) gave investors a sneak peak into Q1 earnings season. … Continue reading Stock Market Today: Stocks Climb After Promising PPI, Jobless Claims
Four Historical Patterns in the Markets for Investors to Know
After a few great years of positive returns, it can be easy to forget the reality that markets don’t always go up. To put it simply, the market can go up, down or stay flat for an extended period. Past performance cannot predict future performance. But it can help set reasonable expectations. Here is a… Continue reading Four Historical Patterns in the Markets for Investors to Know
Morgan Stanley’s US stock chief sees more than 20% downside coming for the S&P 500 and warns of an earnings recession on banking sector turmoil
Morgan Stanley’s Mike Wilson backed his forecast for an earnings recession amid banking sector concerns. The equity strategist sees the S&P 500 falling more than 20% before parring losses by year-end. JPMorgan, Citigroup, and Wells Fargo are kicking off earnings on Friday. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Morgan Stanley’s US stock chief sees more than 20% downside coming for the S&P 500 and warns of an earnings recession on banking sector turmoil
Dow soars 383 points as US stocks jump on more signs inflation is falling
Jennifer Sor Brendan McDermid/Reuters US stocks jumped on Thursday on more signs of falling inflation and a cooling labor market. Investors cheered data that showed a big drop in the Producer Price Index in March. All three major indexes ended higher, with the S&P 500 notching its best day since February. Loading Something is loading.… Continue reading Dow soars 383 points as US stocks jump on more signs inflation is falling
Elon Musk edges closer to his ‘everything app’ dream as Twitter enables trading via eToro
Twitter has partnered with brokerage firm eToro to give users more financial data. If they choose to trade, they can also access eToro’s site through the social-media app. The collaboration is a step toward Musk’s plans to create an “everything app.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Elon Musk edges closer to his ‘everything app’ dream as Twitter enables trading via eToro
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