The US economy has defied expectations by staying strong despite higher interest rates. But BMO Capital Markets warns that weakness may be coming, since monetary policy works with a lag. Here are 24 high-quality stocks to buy now to protect your portfolio from higher rates. To the shock of the Federal Reserve and many on… Continue reading Buy these 24 quality stocks to safeguard your portfolio from higher interest rates, according to BMO Capital Markets
Silicon Valley Bank imploded in a single day. It could just be the tip of the iceberg.
The Federal Reserve’s prolonged period of low interest rates created many financial dislocations that are now flaring up.Case in point: Silicon Valley Bank imploded in a single day after surging interest rates caused it to sell a bond portfolio at a huge loss.The situation is an example of how low-interest-rate risk-taking can backfire as financial… Continue reading Silicon Valley Bank imploded in a single day. It could just be the tip of the iceberg.
Canada’s job gains more than double expectations
Unemployment rate was unchanged at 5% Canada’s economy gained twice as many jobs as expected in February. Photo by Joe Raedle/Getty Images Canada’s economy gained 21,800 jobs in February, and the unemployment rate was unchanged at 5 per cent. Advertisement 2 This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS… Continue reading Canada’s job gains more than double expectations
Loonie will be factor when deciding whether interest rates stay on hold: Carolyn Rogers
Canadian dollar’s decline could continue if U.S. Fed hikes rates higher Published Mar 10, 2023 • Last updated 13 hours ago • 3 minute read 10 Comments A weaker Canadian dollar has the potential to make the Bank of Canada’s attempt to contain price pressures more complicated, said deputy governor Carolyn Rogers. Photo by National Post… Continue reading Loonie will be factor when deciding whether interest rates stay on hold: Carolyn Rogers
FP Answers: How do I determine when to claim my rental condo repairs as an expense?
No general rule, but there are several factors to consider when timing a deduction claim Items for a rental property such as a fireplace and carpet replacement are most likely a capital expense. Photo by Getty Images/iStockphoto By Julie Cazzin and Andrew Dobson Advertisement 2 This advertisement has not loaded yet, but your article continues… Continue reading FP Answers: How do I determine when to claim my rental condo repairs as an expense?
How the magic of a three-paycheque month can give you a financial head start
There are lots of ways to play that extra payment Extra money from a third pay period in March can go a long way to sorting out some financial tight spots, such as a late payment on a bill. Photo by Getty Images/iStockphoto By Sandra Fry Advertisement 2 This advertisement has not loaded yet, but… Continue reading How the magic of a three-paycheque month can give you a financial head start
Long COVID may be to blame for surge in women with disabilities, putting them out of work
Researchers estimate COVID illnesses may have reduced workforce by 500,000 to one million people Author of the article: Bloomberg News Alex Tanzi and Mackenzie Hawkins Published Mar 09, 2023 • Last updated 17 hours ago • 4 minute read 7 Comments A woman who suffers from long COVID in her home in Massachusetts. The emergence of… Continue reading Long COVID may be to blame for surge in women with disabilities, putting them out of work
Stock Market Today: Silicon Valley Bank Failure Sinks Stocks
Stocks spent the early part of Friday morning chopping between positive and negative territory as investors dissected the February jobs report. However, chaos erupted on Wall Street after regulators shut down Silicon Valley Bank, a regional financial firm that services many of the largest tech companies. What resulted were big losses for the major indexes… Continue reading Stock Market Today: Silicon Valley Bank Failure Sinks Stocks
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