FP Video looks at where markets and the economy are headed Chair Jerome Powell and fellow policymakers lifted the Fed’s target for its benchmark rate by a quarter percentage point to a range of 4.5 per cent to 4.75 per cent this week. Photo by Drew Angerer/Getty Images The U.S. Federal Reserve raised its benchmark… Continue reading Bond correction coming: What an economist and an investor say about inflation
Freeland pledges fiscal prudence to avoid feeding inflation even as demands for spending grow
Finance minister said she must show restraint because Canada’s economy is at risk of sliding into a recession Minister of Finance Chrystia Freeland in Ottawa. Photo by Sean Kilpatrick/The Canadian Press files Finance Minister Chrystia Freeland said Canada has a “once in a generation” moment to invest in infrastructure that will improve the delivery of… Continue reading Freeland pledges fiscal prudence to avoid feeding inflation even as demands for spending grow
Cathie Wood says ARKK is ‘the New Nasdaq’
ARK Innovation ETF jumped 42% this year — more than twice as much as the Nasdaq 100 Author of the article: Bloomberg News Emily Graffeo and Carol Massar Published Feb 03, 2023 • 2 minute read Join the conversation Cathie Wood, founder of ARK Investment Management, speaking at the 2022 Milken Institute Global Conference in… Continue reading Cathie Wood says ARKK is ‘the New Nasdaq’
How investors can ride the EV boom without betting on Elon Musk
Should investors wait before betting on EVs? Or is it time to plunge into assets that could benefit from the EV revolution? Author of the article: Financial Times Harry Dempsey and Kenza Bryan Published Feb 03, 2023 • 4 minute read Join the conversation Tesla Inc. vehicles at a service centre in San Diego, California.… Continue reading How investors can ride the EV boom without betting on Elon Musk
Two out of five Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse
WATCH NOW: Video: What does your money personality mean for your relationships? Ken Honda shares his insights. 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 The seven… Continue reading Two out of five Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse
Stock Market Today: Stocks Drop After Bleak Big Tech Earnings, Jobs Shocker
A busy week on Wall Street ended with wild swings for stocks as investors took in a mixed bag of Big Tech earnings and a shockingly strong monthly jobs report. After bouncing between positive and negative territory throughout the day, the major benchmarks ultimately ended Friday on a down note. The shakiness started last night… Continue reading Stock Market Today: Stocks Drop After Bleak Big Tech Earnings, Jobs Shocker
The 9 Best Utility Stocks to Buy Now
When investors think of lower-risk investments, the best utility stocks typically spring to mind for many of us. That’s because electricity is a modern necessity right alongside food and water. Consumers will cut back on just about every discretionary category before they stop heating their homes or turning on lights in the evening. It also… Continue reading The 9 Best Utility Stocks to Buy Now
Jobs Report Shows Massive Hiring in January: What the Experts Are Saying
The January jobs report absolutely blew away economists’ and market participants’ expectations. U.S. total nonfarm payroll employment expanded by an almost unthinkable 517,000 new jobs in January, the Bureau of Labor Statistics (opens in new tab) said Friday. Economists surveyed by Bloomberg (opens in new tab) were looking for the addition of 189,000 new jobs… Continue reading Jobs Report Shows Massive Hiring in January: What the Experts Are Saying