Bank of Canada governor said now is not the time to be flexible on interest rates Author of the article: The Canadian Press Adena Ali Publishing date: Oct 14, 2022 • 2 days ago • 3 minute read • 26 Comments Governor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa.… Continue reading Tiff Macklem says he’s not backing down on rate hikes, even as recession fears grow
CPPIB is staying in the market, ‘buying equities when equities are selling off’
CEO says pension investment giant is having a ‘bumpy year,’ but is still beating world indexes John Graham is the chief executive of the Canada Pension Plan Investment Board. “It’s looking like a radically different world post-COVID,” Graham said in a speech in Ottawa on Friday. Photo by Handout /CPPIB Wild swings in equity and… Continue reading CPPIB is staying in the market, ‘buying equities when equities are selling off’
5 ways to protect your home from the expensive effects of climate change
Water infiltration “Water management is so crucial and important to any home,” says Weeks. One of the first steps to take is to ensure that the grading, or ground slope, around your house is done properly. “Get that grading sloped away from the house as much as you can,” he states. Weeks recommends observing how… Continue reading 5 ways to protect your home from the expensive effects of climate change
China is facing a full-blown debt crisis with $8 trillion at risk as Xi Jinping eyes an unprecedented 3rd term
China’s mounting local government debt is already a crisis, experts say, with nearly $8 trillion at risk. Bonds issued by local government financing vehicles are on the verge of default amid a broader property market crash. The grim financial picture comes as Xi Jinping seeks an unprecedented third term as China’s leader. Loading Something is… Continue reading China is facing a full-blown debt crisis with $8 trillion at risk as Xi Jinping eyes an unprecedented 3rd term
Jamie Dimon’s prediction of a 20% sell-off is too aggressive, but still expect more downside until interest rates peak, Goldman global stock strategist says
Stocks won’t plunge 20% like Jamie Dimon predicted, Goldman Sachs’ global stock strategist told CNBC. That’s because financial conditions like private-sector balance sheets remain strong. But stocks haven’t found a bottom yet, and more downside is to be expected until interest rates or inflation peak, Peter Oppenheimer said. Loading Something is loading. Thanks for signing… Continue reading Jamie Dimon’s prediction of a 20% sell-off is too aggressive, but still expect more downside until interest rates peak, Goldman global stock strategist says
GOLDMAN SACHS: Buy these 12 stocks that Wall Street is underestimating — setting the stage for outperformance in 2023
Profit forecasts are coming down as the economy slows and interest rates keep rising. Goldman Sachs generated a list of stocks it expects to earn much more than Wall Street predicts. Overall, the firm expects an economic “soft landing” and says the S&P 500 should rally 11% in 2023. It’s no surprise that profit projections… Continue reading GOLDMAN SACHS: Buy these 12 stocks that Wall Street is underestimating — setting the stage for outperformance in 2023
Wall Street is worried something is about to break in markets. Here’s where Jamie Dimon, Cathie Wood and 5 other top experts think the rupture will come.
Wall Street is worried about building signs of stress in markets and the financial system. Whipsawing assets, economic strains and dysfunction in the UK are raising red flags. Here’s what Jamie Dimon, Cathie Wood and 5 other experts say about where things could break. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Wall Street is worried something is about to break in markets. Here’s where Jamie Dimon, Cathie Wood and 5 other top experts think the rupture will come.
BofA sees a silver lining for the stock market’s 25% plunge this year: Valuations have been reset, and US investors should be able to avoid a ‘lost decade’
The silver lining to this year’s 25% decline in the stock market is that there is less risk of a “lost decade” going forward, according to Bank of America.The bank’s long-term valuation model points to annualized gains of 6% over the next decade.But the stock market isn’t out of the woods yet as there could… Continue reading BofA sees a silver lining for the stock market’s 25% plunge this year: Valuations have been reset, and US investors should be able to avoid a ‘lost decade’