Investors are losing money as assets acquired on borrowed funds have lost value, Ray Dalio said. The collapse of Silicon Valley Bank is indicative of a global problem, he said this week. “And that is a pervasive situation that exists throughout the economy, the world economy, the US economy.” Loading Something is loading. Thanks for… Continue reading Ray Dalio warns everyone is losing money as the market faces a ‘terrible imbalance’
‘Dr. Doom’ economist Nouriel Roubini says the ‘crypto apocalypse is coming’ as SEC chair Gensler asks for more funding to catch bad actors
Nouriel Roubini says a “crypto apocalypse is coming,” rooting for the downfall of the industry again on Thursday. This time the famed economist is hoping the SEC will help crush the market. Roubini cited a report that the SEC chief wants more funding to stop bad actors. Loading Something is loading. Thanks for signing up!… Continue reading ‘Dr. Doom’ economist Nouriel Roubini says the ‘crypto apocalypse is coming’ as SEC chair Gensler asks for more funding to catch bad actors
Most Canadians are financially vulnerable, index finds
Watch: Financial Resilience Institute CEO Eloise Duncan on the financial health of Canadians Published Mar 28, 2023 • Last updated 1 day ago • < 1 minute read Data show most Canadians are financially vulnerable. Photo by Getty Images/iStockphoto Eloise Duncan, chief executive of Financial Resilience Institute, talks with the Financial Post’s Larysa Harapyn about the… Continue reading Most Canadians are financially vulnerable, index finds
PRICE DROP: Get lifetime access to Microsoft Office 2021 for $54.99
Don’t miss this deal on Microsoft Office’s full suite of applications and tools Published Mar 22, 2023 • Last updated 1 week ago • 1 minute read Microsoft Office tools can make real, meaningful differences for your team or in your office. Photo by Getty Images This article was created by StackCommerce. Postmedia may earn an… Continue reading PRICE DROP: Get lifetime access to Microsoft Office 2021 for $54.99
Stock Market Today: Tech, Bank Stocks Lead Markets Higher
Stocks closed higher Wednesday as growth-oriented names outperformed. Micron Technology (MU (opens in new tab)) was one of the day’s biggest gainers after the memory chipmaker reported earnings and its CEO gave an upbeat outlook for the semiconductor market. Bank stocks helped boost markets, too, as Wall Street cheered news of UBS Group’s (UBS (opens… Continue reading Stock Market Today: Tech, Bank Stocks Lead Markets Higher
The SVB crisis has opened up a window to buy ‘great banks at a severe discount’ after a panic-induced sell-off, CFRA says
The recent bank chaos has opened the door to buying solid bank stocks at a discount, CFRA said. East West Bancorp and Citizens Financial made its list of stocks investors should look at. Regional banks with strong deposit balances and have high percentages of insured deposits are solid bets. Loading Something is loading. Thanks for… Continue reading The SVB crisis has opened up a window to buy ‘great banks at a severe discount’ after a panic-induced sell-off, CFRA says
US stocks climb as investors shake off bank concerns ahead of new economic data
Matthew Fox Drew Angerer/Getty Images US stocks surged on Wednesday as fears of systemic risk in the US banking system receded.The tech sector led stocks higher as interest rates remained relatively subdued.Investors are awaiting a new set of economic data with jobless claims on Thursday and PCE on Friday. Loading Something is loading. Thanks for… Continue reading US stocks climb as investors shake off bank concerns ahead of new economic data
Tesla has seen $200 billion added to its market cap in 2023, marking the strongest start to the year in its history
Tesla has gained over $200 billion in market value during in the first three months of the year. The EV company’s stock enjoyed its best weekly performance in history in January. Tesla’s strong quarter started on a rally in the tech sector and the company’s cost-saving efforts. Loading Something is loading. Thanks for signing up!… Continue reading Tesla has seen $200 billion added to its market cap in 2023, marking the strongest start to the year in its history
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