published 16 December 2022 The past year has been a tough one for real estate investment trusts (REITs), with total returns (price + dividends) for the equity REIT sector outpacing the broader S&P 500. But double-digit declines over the last year could set the stage for some of the best REITs to rally in 2023.… Continue reading The Best REIT Stocks to Buy Now (or Hold)
Elon Musk is fueling the Twitter fire and using Tesla as his personal ATM, experts say. Here are 5 criticisms of the CEO from the past week alone
Tesla CEO Elon Musk sold an additional $3.6 billion shares in this — a move that sparked a big response from investors and analysts alike. “We’re getting frustrated here,” said and Tesla investor Danny Moses, best known for his portrayal in “The Big Short.” Tesla’s stock hit a two-year low this week and has lost… Continue reading Elon Musk is fueling the Twitter fire and using Tesla as his personal ATM, experts say. Here are 5 criticisms of the CEO from the past week alone
US inflation is history, unemployment may spike, and stocks could surge 15% next year, Jeremy Siegel says. Here are the Wharton professor’s 12 best quotes from this week.
The inflation threat has passed but unemployment is set to jump, Jeremy Siegel said. The US economy can still avoid a recession with the Fed’s help, the Wharton professor argued. Siegel suggested the stock market has bottomed already and could jump 15% next year. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading US inflation is history, unemployment may spike, and stocks could surge 15% next year, Jeremy Siegel says. Here are the Wharton professor’s 12 best quotes from this week.
FTX users say they take little comfort in Sam Bankman-Fried’s arrest – and still don’t have much hope they’ll get their money back
SBF’s arrest isn’t reassuring users who are worried about getting their money out of the failed exchange. “It really wouldn’t change my life or anyone’s life if he goes to jail,” one user said. An attorney said he believes it is likely that Sam Bankman-Fried will end up going to jail. Loading Something is loading.… Continue reading FTX users say they take little comfort in Sam Bankman-Fried’s arrest – and still don’t have much hope they’ll get their money back
Citi’s global commodities chief explains his oil price forecast for 2023 as sanctions choke Russia – and breaks down the ‘stunning’ state of America’s oil industry
In an interview with Insider, Citi’s Ed Morse said he expects Brent crude to finish 2023 around $76 a barrel. Next year, energy markets will see both a supply uptick and an easing of global demand, Morse said. He explained how the roles of Russia and the US have shifted on the world stage. Loading… Continue reading Citi’s global commodities chief explains his oil price forecast for 2023 as sanctions choke Russia – and breaks down the ‘stunning’ state of America’s oil industry
The FTX implosion wasn’t crypto’s darkest hour of the year – these 2 crises were even more disastrous for digital assets
FTX’s bankruptcy wiped out $9 billion worth of crypto investments, according to Chainalysis. But that figure is dwarfed by the losses caused by two other crises that rocked digital assets in 2022. The Terra Luna crash and the collapse of Celsius and Three Arrows Capital caused more damage, Chainalysis said. Loading Something is loading. Thanks… Continue reading The FTX implosion wasn’t crypto’s darkest hour of the year – these 2 crises were even more disastrous for digital assets
Dow having worst day in 3 months after Fed squashed rate hopes
Rates now seeing topping 5% in new year Author of the article: Reuters Chuck Mikolajczak Published Dec 15, 2022 • 2 minute read Join the conversation All the 11 major S&P 500 sectors were in the red, with communication services and technology stocks falling over 3 per cent and bearing the brunt of selling pressure.… Continue reading Dow having worst day in 3 months after Fed squashed rate hopes
Ontario needs to overhaul its real estate regulator to safeguard the interests of homebuyers and sellers
Auditor general finds Real Estate Council of Ontario not fulfilling its mandate to protect consumers’ interests Auditor general finds Real Estate Council of Ontario is not fulfilling its mandate to protect consumers’ interests. Photo by Peter J. Thompson/National Post With hundreds of billions of dollars invested in housing transactions, consumers and others should expect effective… Continue reading Ontario needs to overhaul its real estate regulator to safeguard the interests of homebuyers and sellers
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