Investors should treat the collapse of Silicon Valley Bank as an opportunity to buy large cap US bank stocks, according to TS Lombard.The investment research firm said it sees no evidence of a systemic banking crisis unfolding.”Market participants are now paying more attention to balance sheets, but the official response is enough to prevent contagion,”… Continue reading Buy large cap US bank stocks as there’s no evidence of a systemic banking crisis, research firm says
Buy large cap US bank stocks as there’s no evidence of a systemic banking crisis, research firm says
Credit Suisse is just the ‘tip of the iceberg’ as banking turmoil snarls financial markets, JPMorgan Asset Management investment chief says
JPMorgan Asset Management’s CIO predicts more pain ahead for the banking sector and the economy. Turmoil at Credit Suisse is just the “tip of the iceberg,” JPMorgan’s Bob Michele told Bloomberg. Michele says a recession is “inevitable” as panic ripples through markets. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Credit Suisse is just the ‘tip of the iceberg’ as banking turmoil snarls financial markets, JPMorgan Asset Management investment chief says
Canada is a buying opportunity despite series of headwinds: David Rosenberg
Here’s why a reputed bear has turned bullish on Canada Published Mar 14, 2023 • Last updated 10 hours ago • 4 minute read Economist David Rosenberg at an event in Toronto, in January. Photo by Peter J. Thompson/National Post David Rosenberg, one of the most widely followed economists on Bay Street, advised his clients and… Continue reading Canada is a buying opportunity despite series of headwinds: David Rosenberg
Silicon Valley Bank fallout Q+A: The Financial Post answers your questions about the bank failure that rocked the world
Send us your questions now and Kevin Carmichael and Barbara Shecter will answer them live at 11 a.m. Wednesday Published Mar 14, 2023 • Last updated 10 hours ago • 1 minute read Silicon Valley Bank’s collapse has raised the spectre of contagion in the global banking community. Photo by REUTERS/Dado Ruvic/Illustration/File Photo The collapse of… Continue reading Silicon Valley Bank fallout Q+A: The Financial Post answers your questions about the bank failure that rocked the world
John Turley-Ewart: Canada doesn’t have bank failures because we learned our lesson 100 years ago
Since 2001 America has endured 562 bank failures, not including Silicon Valley Bank. In Canada, there were zero Published Mar 14, 2023 • 4 minute read Between 2001 and 2023 the U.S. endured 562 bank failures according to the FDIC, plus the most recent, SVB. In Canada, that number? Zero. Nothing roils markets and focuses… Continue reading John Turley-Ewart: Canada doesn’t have bank failures because we learned our lesson 100 years ago
Roubini launches alternative haven trade for the era of endless inflation
Roubini partners with Goldman Sachs to launch alternative safe haven products in a big market crash Author of the article: Bloomberg News Tracy Alloway Published Mar 14, 2023 • 3 minute read Nouriel Roubini, chief executive officer of Roubini Macro Associates Inc., during a panel session at the Qatar Economic Forum (QEF) in Doha, Qatar,… Continue reading Roubini launches alternative haven trade for the era of endless inflation
Ontario Teachers’ posts 4% return in ‘difficult’ investment environment
Funds posts 4% return in ‘difficult’ investment environment in 2022 as net assets grew to $247.2 billion. Published Mar 14, 2023 • Last updated 9 hours ago • 2 minute read Ontario Teachers’ Pension Plan net assets grew to $247.2 billion, approaching the pension’s goal of $300 billion by 2030. Photo by Cole Burston /THE CANADIAN… Continue reading Ontario Teachers’ posts 4% return in ‘difficult’ investment environment
Stock Market Today: Markets Rise as Bank Stocks Bounce
Tuesday started off strong for stocks, but the major benchmarks finished off their session highs on reports that a Russian aircraft collided with a U.S. drone in the Black Sea. The February consumer price index (CPI) drew plenty of attention from investors, though it gave a mixed picture on inflation. Also in focus were regional… Continue reading Stock Market Today: Markets Rise as Bank Stocks Bounce