US stocks moved lower Friday as investors juggled a raft of economic reports. The Fed’s preferred inflation gauge came in higher than anticipated, rising at a 4.7% year-over-year rate in November. The S&P 500 and the Nasdaq Composite are headed for a third straight week of losses. Loading Something is loading. Thanks for signing up!… Continue reading US stocks edge lower as investors weigh batch of mixed economic data
More condo investors are hitting the sell button
This advertisement has not loaded yet, but your article continues below. Watch: Steve Saretsky, a Vancouver realtor, talks about the outlook for the real estate market in 2023 A pedestrian walks past condo buildings in Toronto. Photo by Carlos Osorio/Reuters Article content Steve Saretsky, a Vancouver realtor, talks to the Financial Post’s Larysa Harapyn about… Continue reading More condo investors are hitting the sell button
What you need to know about Canada’s latest inflation numbers
Watch: Here’s what November’s 6.8% inflation reading means for consumers and the Bank of Canada Food prices were up 11.4 per cent from a year ago in November. Photo by Peter J. Thompson/National Post The consumer price index increased 6.8 per cent from November 2021, down from year-over-year increases of 6.9 per cent in September… Continue reading What you need to know about Canada’s latest inflation numbers
‘Tis the season to be cautious: Tips for avoiding 4 common holiday scams
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 Taxi scam During the holiday season, you’re no doubt busy and distracted. This combination makes you a better mark… Continue reading ‘Tis the season to be cautious: Tips for avoiding 4 common holiday scams
CRA tries to catch taxpayer who made an incorrect TFSA catch-up contribution
Jamie Golombek: The CRA refused to grant the taxpayer relief on penalties, but a judge said the taxman was in the wrong Published Dec 22, 2022 • Last updated 4 hours ago • 5 minute read 7 Comments The TFSA contribution limit will increase by $500 to reach $6,500 on Jan. 1, 2023. Photo by Brent… Continue reading CRA tries to catch taxpayer who made an incorrect TFSA catch-up contribution
FP Answers: Are Canadian depositary receipts safe for a retirement portfolio?
CDRs are one way for investors to access U.S. stocks as part of their investment strategy A monitor with stock market information on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files In an increasingly complex world, the Financial Post should be the first place you look for answers. Our FP… Continue reading FP Answers: Are Canadian depositary receipts safe for a retirement portfolio?
The 12 Best Bear Market ETFs to Buy Now
Investors worried that the current bear market will get worse again before turning into a bull market can find plenty of protection among exchange-traded funds (ETFs). In fact, these bear market ETFs might very well be your best bet. Individual stocks can carry a lot of risk, especially in a downturn. You could diversify via… Continue reading The 12 Best Bear Market ETFs to Buy Now
US stocks won’t fall sharply in 2023 like Wall Street giants expect — because the weak dollar will juice earnings, a top strategist says
Wall Street giants like Morgan Stanley expect US stocks to crash over 20% next year. But Carson Group’s Ryan Detrick thinks equities could rally thanks to declines in the dollar. That could be a tailwind for US companies as it supports overseas earnings, the strategist said. Loading Something is loading. Thanks for signing up! Access… Continue reading US stocks won’t fall sharply in 2023 like Wall Street giants expect — because the weak dollar will juice earnings, a top strategist says