Event last month highlights cracks in Canada’s climate ambitions Author of the article: Bloomberg News Aaron Clark, Zahra Hirji and Akshat Rathi An oilsands upgrader uses steam and natural gas (its primary component is methane) to produce the hydrogen needed to upgrade bitumen. Methane generated from human activity is responsible for about a quarter of… Continue reading Intense methane cloud over Alberta oil and gas hub goes undetected by regulators
Stock Market Today: Markets End an Up Month on a Down Note
Equities closed out an otherwise strong October in the red on Monday, as a rise in bond yields and declines in some big technology stocks weighed on the major indexes. The blue-chip Dow Jones Industrial Average slipped 0.4% to finish at 32,733, while the broader S&P 500 fell 0.7% to 3,872. The tech-heavy Nasdaq Composite… Continue reading Stock Market Today: Markets End an Up Month on a Down Note
Warren Buffett’s Berkshire Hathaway has scored about a $13 billion gain on Chevron and Occidental – and now the 2 energy stocks rank among its biggest bets
Warren Buffett’s Berkshire Hathaway has scored a $13 billion gain on Chevron and Occidental stock. Berkshire’s energy bets cost it about $30 billion, and are now worth a combined $43 billion. Chevron stock has surged 52% this year, while Occidental shares have soared 134%. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Warren Buffett’s Berkshire Hathaway has scored about a $13 billion gain on Chevron and Occidental – and now the 2 energy stocks rank among its biggest bets
Jerome Powell’s favorite bond-market gauge is on the verge of inverting, a sign of impending recession. That could mean a Fed pivot within months.
Jerome Powell’s preferred bond-market gauge is on the verge of inverting. If that happens, it would signal an impending recession and a Fed pivot by the spring of 2024. The Fed chair touted the predictive power of the short end of the yield curve earlier this year. Loading Something is loading. Thanks for signing up!… Continue reading Jerome Powell’s favorite bond-market gauge is on the verge of inverting, a sign of impending recession. That could mean a Fed pivot within months.
Goldman Sachs lays out 3 reasons why the Fed won’t pivot, but will keep hiking into 2023
The Federal Reserve will carry on hiking interest rates after its February meeting, Goldman Sachs said. The US central bank is expected to hike by 75 basis points Thursday as it battles soaring prices. It will keep raising rates because of sticky inflation and to prepare for a potential pivot, Goldman said. Loading Something is… Continue reading Goldman Sachs lays out 3 reasons why the Fed won’t pivot, but will keep hiking into 2023
Bulls on Meta stock have one big problem: Mark Zuckerberg
‘He’s tone deaf to what the owners of the company want, outside of himself’ Author of the article: Bloomberg News Ryan Vlastelica Facebook founder Mark Zuckerberg speaking at Georgetown University in Washington, DC. Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images files Mark Zuckerberg built Meta Platforms Inc. into one of the biggest companies in the… Continue reading Bulls on Meta stock have one big problem: Mark Zuckerberg
Forcing real estate brokers onto MLS probably a good thing for both buyers and sellers
Canadian Real Estate Association policy comes into effect on Jan. 1, 2023 For real estate marketing, the Multiple Listing Service is the largest network in Canada. Photo by Gerry Kahrmann /Vancouver Sun A policy change by the Canadian Real Estate Association (CREA) will soon require participating brokerages to list almost all residential resale properties on… Continue reading Forcing real estate brokers onto MLS probably a good thing for both buyers and sellers
Market corrections are where returns are made so don’t head for the sidelines
Martin Pelletier: Beware the doom-and-gloomers with their all-or-nothing approach In volatile times like these, it is important to have an investing game plan and not capitulate to emotional biases such as loss aversion. Photo by NICOLAS ASFOURI /AFP/Getty Images Goals-based investing and tactical asset management, or having the willingness to go on offence or defence… Continue reading Market corrections are where returns are made so don’t head for the sidelines
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