Value stock outperformance is in the early stages and has plenty of room to run A specialist trader works on the floor of the New York Stock Exchange. Photo by Brendan McDermid/Reuters files Against a backdrop of sky-high inflation, rising rates and growing recession concerns, stocks have had a dismal year. Advertisement 2 This advertisement… Continue reading Noah Solomon: How low can markets go? History offers some clues
Most Canadian businesses expect recession in next 12 months, BoC survey reveals
Most businesses and consumers think a recession is likely within the next 12 months Author of the article: Bloomberg News Erik Hertzberg and Randy Thanthong-Knight Bank of Canada survey showed business sentiment has softened. Photo by Stephanie Foden/Bloomberg Sentiment among Canadian firms fell the most since the beginning of the pandemic, with inflation expectations among… Continue reading Most Canadian businesses expect recession in next 12 months, BoC survey reveals
Loblaw freezes No Name prices to combat inflation in first for Canadian grocer
The price freeze runs from Oct. 17 until the end of January Publishing date: Oct 17, 2022 • 16 hours ago • 4 minute read • 23 Comments Loblaw Companies Ltd. will freeze prices on all No Name products for more than three months. Photo by J.P. Moczulski for Postmedia News Loblaw Companies Ltd., Canada’s largest… Continue reading Loblaw freezes No Name prices to combat inflation in first for Canadian grocer
Canadian Tire’s break with Hockey Canada shows it’s no longer just a store for guys
Retailer sees itself as an embodiment of national values that must also keep up with the times, strategist says Publishing date: Oct 17, 2022 • 18 hours ago • 5 minute read • 56 Comments Canadian Tire signage at a store in Oakville, Ont. Photo by Peter J. Thompson/National Post The stampede of sponsors running away… Continue reading Canadian Tire’s break with Hockey Canada shows it’s no longer just a store for guys
Smart Money Watch: Private bets shield world’s largest investors from market mayhem
But how long will those private bets remain insulated as the economic outlook darkens? Author of the article: Bloomberg News Richard Henderson and Amy Bainbridge People walk along Wall Street by the New York Stock Exchange. Photo by Spencer Platt/Getty Images files A shift toward private markets is cushioning many of the world’s largest investors… Continue reading Smart Money Watch: Private bets shield world’s largest investors from market mayhem
Stock Market Today: Stocks Sprint Higher as Bank Earnings Impress
Stocks kicked off the new week on a high note, with all three major indexes notching solid gains Monday. Wall Street cheered headlines out of the U.K., where newly installed finance minister Jeremy Hunt walked back major tax cuts unveiled by his predecessor, Kwasi Kwarteng, in late September. The tax cuts sparked excessive volatility across… Continue reading Stock Market Today: Stocks Sprint Higher as Bank Earnings Impress
U.S. Stocks Rally on Bank of America Earnings Beat
Wall Street’s main indexes jumped on Monday as Bank of America led a rally among lenders after reporting a smaller-than-expected drop in profit, with its new loans benefiting from higher borrowing costs. Bank of America Corp jumped 5.17% as the lender’s net interest income surged in its third quarter, even though it added $378 million… Continue reading U.S. Stocks Rally on Bank of America Earnings Beat
Why Domino’s Pizza and Delta Air Lines Hint at a Stronger Economy
We’re still in the earliest stages of what is projected to be a brutal third-quarter earnings season, so let’s not get ahead of ourselves. But companies as disparate as Domino’s Pizza (DPZ (opens in new tab), $320.91) and Delta Air Lines (DAL (opens in new tab), $31.00) are hinting at a stronger economy ahead. Which… Continue reading Why Domino’s Pizza and Delta Air Lines Hint at a Stronger Economy
Recent Post
