Canada is likely to outperform the U.S. again Author of the article: Bloomberg News Mathieu Dion Published Feb 01, 2023 • 2 minute read Join the conversation The Art Deco facade of the original Toronto Stock Exchange building on Bay Street in Toronto. Photo by Chris Helgren/Reuters/File Photo Canada’s stock market just posted one of… Continue reading T. Rowe Price sees Canadian stocks as bargain play on China’s reopening
Collectibles can be fun investments but don’t let passion blind you to the risks
Collectables an opaque and unpredictable asset class Your passion for coins, art, stamps or other collectibles could play a role in your wealth-management strategy. Photo by Postmedia Investors who solely focus on a traditional portfolio of equities and bonds may be failing to realize that their passion for art, wine, jewelry or other collectibles could… Continue reading Collectibles can be fun investments but don’t let passion blind you to the risks
Fed Raises Interest Rates Yet Again: What the Experts Are Saying
As widely expected, the Federal Reserve downshifted its pace of interest rate hikes on Wednesday, but once again stressed that it has more work to do in its ongoing efforts to bring inflation under control. The Federal Open Market Committee (FOMC) raised the short-term federal funds rate by 25 basis points, or 0.25%, to a… Continue reading Fed Raises Interest Rates Yet Again: What the Experts Are Saying
Stock Market Today: Stocks Swing Higher After Powell Presser
Stocks spent most of Wednesday in negative territory as an onslaught of economic and earnings reports rattled investors early on. These losses quickly accelerated immediately after the central bank issued its latest rate hike, but stocks swung higher as Fed Chair Jerome Powell took the mic in a subsequent press conference. Today’s economic data indicated… Continue reading Stock Market Today: Stocks Swing Higher After Powell Presser
Adani stocks have now wiped out over $100 billion in market value as botched share sale piles on trouble
The Adani Group has lost more than $100 billion in market value as its stocks took a beating from the Hindenburg report. Shares in its flagship business, Adani Enterprises, shed more than 25% on Thursday. The volatility in Adani stocks forced founder Gautam Adani to pull a $2.5 billion share sale for Adani Enterprises on… Continue reading Adani stocks have now wiped out over $100 billion in market value as botched share sale piles on trouble
Legendary investor Charlie Munger says crypto is a terrible bet, and the US should ban it entirely
Charlie Munger slammed the rampant hype, lack of regulation, and unfairness of cryptocurrencies. Warren Buffett’s right-hand man urged the US government to ban the fledgling industry entirely. Munger has blasted crypto as “rat poison,” a “venereal disease,” and an “open sewer” in the past. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Legendary investor Charlie Munger says crypto is a terrible bet, and the US should ban it entirely
The Markets Were Miserable Last Year, But That’s Great News
It’s not a shock that the markets had a pretty abysmal year last year, in fact the worst since 2008. Not only that, 2022’s double-digit loss was the worst for the bond market since 1976, the first year tracked by the Barclays Agg. That being said, the miserable market is great news — but how?… Continue reading The Markets Were Miserable Last Year, But That’s Great News
Stock Market Today: Stocks Gain Ahead of Fed Meeting
Stocks closed higher Tuesday as investors parsed the latest round of earnings and economic data. One of the day’s most notable earnings reports came from Exxon Mobil (XOM (opens in new tab)), with the energy giant reporting record profits for all of 2022. And on the economic front, a welcome reading on inflation hit the… Continue reading Stock Market Today: Stocks Gain Ahead of Fed Meeting