There may be no annual tax savings by adding rentals to a corporation, especially if you are a highly paid employee A for rent sign outside a home in Toronto. Photo by Cole Burston/The Canadian Press files By Julie Cazzin with Allan Norman Advertisement 2 This advertisement has not loaded yet, but your article continues… Continue reading FP Answers: Should I put my seven rental properties into a corporation? Or is there a better option to save on taxes?
Stock Market Today: Stocks Slip to Start the Week
Stocks spent the majority of Monday bouncing between positive and negative territory before eventually ending lower as investors took profits following last week’s outsized gains. At the close, the tech-heavy Nasdaq Composite was down 1.1% at 11,196, the broader S&P 500 Index was off 0.9% at 3,957, and the blue-chip Dow Jones Industrial Average had… Continue reading Stock Market Today: Stocks Slip to Start the Week
What Happens to Stocks if the Fed is Wrong About Inflation?
Earlier this month, the Federal Reserve raised interest rates by 0.75% to a range of 3.75% to 4%. The Fed expects rates to top out between 4.5% and 4.75% in 2023. Others, such as Goldman Sachs, believe they could go as high as 5.0% next year. The story of why the Fed is raising rates… Continue reading What Happens to Stocks if the Fed is Wrong About Inflation?
Here’s why oil will hit $120 a barrel soon and stay high for the next 2 years
Europe’s ban on Russian oil will begin in December, and it could make an already-tight energy market worse. Global crude prices are set to climb as demand isn’t going down, but supplies are dwindling. Energy Aspects’ Livia Gallarati explained what comes next for the energy crisis and why oil prices could stay around $120 for… Continue reading Here’s why oil will hit $120 a barrel soon and stay high for the next 2 years
The stock market can thrive even in the face of rising interest rates, chief investment strategist says
i’ The stock market can still rise in the face of high interest rates, according to BMO’s Brian Belski.Belski found that above average US 10-Year Treasury yields coincided with a near 10% average gain for stocks.”Our work shows that the S&P 500 has historically performed quite well in higher interest rate environments,” Belski said.High interest… Continue reading The stock market can thrive even in the face of rising interest rates, chief investment strategist says
Billions of dollars seem to have disappeared with the collapse of FTX. How does that even happen?
The implosion of the FTX crypto exchange vaporized billions of dollars overnight.The disaster is being called crypto’s Lehman Brothers moment, but Lehman had more than $600 billion in real assets that were salvageable.FTX on the other hand has assets in illiquid cryptocurrencies that have little to no value. Loading Something is loading. Thanks for signing… Continue reading Billions of dollars seem to have disappeared with the collapse of FTX. How does that even happen?
Europe isn’t out of the woods yet with the energy crisis, and oil will spike to $115 by early next year, Goldman Sachs’ global commodities chief says
Europe should brace for another spike in oil prices, Goldman Sachs’ global commodities chief Jeff Currie. He told CNBC that the EU oil ban, China’s emergence from lockdown, and other factors will cause Brent crude to hit $115 a barrel. And although Europe has built up natural gas inventories for this winter, there are still… Continue reading Europe isn’t out of the woods yet with the energy crisis, and oil will spike to $115 by early next year, Goldman Sachs’ global commodities chief says
Prosecutors in the Manhattan U.S. attorney’s office are reportedly investigating FTX, with a focus on customer funds at the collapsed crypto exchange
The Manhattan U.S. attorney’s office is investigating FTX, Reuters and WSJ reported Monday. Prosecutors may focus initially on examining reports that FTX lent customer funds to Alameda Research. Police and regulators in the Bahamas have interview SBF, Bloomberg reported. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Prosecutors in the Manhattan U.S. attorney’s office are reportedly investigating FTX, with a focus on customer funds at the collapsed crypto exchange