A “Santa Pause” rally for stocks may be taking shape as central banks signal a step-down in rate hikes, Charles Schwab said. The Fed and the BoE are among those indicating they’re considering less aggressive rate hikes in the future. The MSCI EAFE Index of international stocks has gained nearly 10% since step-down signs began… Continue reading The Fed and other central banks could deliver a ‘Santa Pause’ rally for global stocks this year as they dial back the size of rate hikes, Schwab says
Japan’s foreign reserves fall again as Tokyo carries on dumping dollars and buying the yen
Japan’s foreign currency holdings fell for a third straight month in October, official data show. Tokyo is battling to prop up the yen, which has tumbled 27% against the dollar in 2022. Japan has been offloading its dollars and buying the yen in a bid to stabilize its struggling currency. Loading Something is loading. Thanks… Continue reading Japan’s foreign reserves fall again as Tokyo carries on dumping dollars and buying the yen
Biden administration encourages Wall Street banks to keep doing business with certain strategic Russian firms, report says
Some firms on Wall Street are continuing their relationship with Russia despite Congress’ public opposition, Bloomberg says. The US is reportedly encouraging banks like Citi Group and JPMorgan Chase to keep the status quo. Meanwhile Congress is posturing that the Kremlin should be condemned further. Loading Something is loading. Thanks for signing up! Access your… Continue reading Biden administration encourages Wall Street banks to keep doing business with certain strategic Russian firms, report says
Some American Express Members Get a Huge New Benefit
It’s hard to stand out in the credit card industry. While each credit card company views itself as a company with a set identity and ethos, to consumers, they all basically do the same thing. So in order to get a potential customer to sign up with their company instead of the competition, each credit… Continue reading Some American Express Members Get a Huge New Benefit
What are share buybacks and why is Ottawa taxing them?
‘It’s not a dirty thing. It’s not something we should say, ‘ew, that’s gross’ Deputy Prime Minister and Minister of Finance Chrystia Freeland attends a news conference about the fall economic statement in Ottawa. Photo by Blair Gable/Reuters There’s been plenty of noise since the federal government announced plans last week to tax companies that… Continue reading What are share buybacks and why is Ottawa taxing them?
Elon Musk reverses on Twitter job cuts, blue checks in second week at the helm
Company losing US$4 million a day Author of the article: Bloomberg News Kurt Wagner and Ed Ludlow Twitter headquarters in San Francisco, Calif. The company has been calling back employees it initially laid off during mass jobs cuts on Friday. Photo by David Paul Morris /Bloomberg Twitter Inc. is heading into its second full workweek… Continue reading Elon Musk reverses on Twitter job cuts, blue checks in second week at the helm
Canada’s moonshot: The green farming revolution is here, but we must help it grow
Opinion: If we don’t act, we will miss our opportunity to lead the world in ensuring agriculture an engine of economic growth Publishing date: Nov 07, 2022 • 3 hours ago • 5 minute read • 14 Comments A farmer harvests wheat in Alberta. Photo by David Bloom/Postmedia News files By John Stackhouse, Evan Fraser and… Continue reading Canada’s moonshot: The green farming revolution is here, but we must help it grow
Searching for yield in private debt markets is enticing, but there are lower-risk alternatives
Martin Pelletier: The alternatives to private debt markets deserve some much-warranted consideration Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files Persistently low interest rates paired with continual gains in real estate prices over the past decade have created the perfect combination to entice Canadians into private… Continue reading Searching for yield in private debt markets is enticing, but there are lower-risk alternatives
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