One element of inflation that is particularly worrisome to economists is wage inflation. When wages rise, businesses feel freer to raise their own prices. Then workers demand still higher wages to afford the higher prices. And then businesses are tempted to raise their prices further. So consumers end up with an inflationary spiral. Average hourly… Continue reading Job Switchers Are Saying ‘Show Us the Money.’ They’re Getting It.
Canadian climate activists ask bankers to close ESG debt loopholes
‘This loophole is exploited by participants’ Author of the article: Bloomberg News Esteban Duarte Bank buildings in Toronto’s financial district. Photo by THE CANADIAN PRESS/Tijana Martin files Investors for Paris Compliance, a climate change activist group, is asking bond and loan industry trade associations to tighten principles used to issue environmentally-friendly labeled debt that they… Continue reading Canadian climate activists ask bankers to close ESG debt loopholes
It’s hard to do, but sometimes investors have to admit they’re wrong and move on
Martin Pelletier: Humility is the ultimate form of risk management Bill Ackman’s Netflix investment fail is a great example of realizing that we all make mistakes, but we can correct them and move on. Photo by REUTERS/Dado Ruvic/Illustration One of my favourite quotes is by Anthony De Mello: “The three most difficult things for a… Continue reading It’s hard to do, but sometimes investors have to admit they’re wrong and move on
Twitter poised to accept Elon Musk’s ‘best and final’ offer, sources say
The deal ends Twitter’s run as a public company since its 2013 initial public offering Author of the article: Publishing date: Apr 25, 2022 • 15 hours ago • 2 minute read • 12 Comments Elon Musk, the world’s richest person according to a tally by Forbes, is negotiating to buy Twitter in a personal capacity… Continue reading Twitter poised to accept Elon Musk’s ‘best and final’ offer, sources say
How to Navigate the Amusement Park of Rising Interest Rates | Kiplinger
bonds Understanding how rising interest rates affect bond values can help you see the big picture.It is a time-honored tradition that having bonds as part of a diversified portfolio is important, particularly as we age. Young investors can eschew bonds if they are willing to ride out the ebbs and flows of the stock market,… Continue reading How to Navigate the Amusement Park of Rising Interest Rates | Kiplinger
Netflix and Meta stocks have seen their gains from the last 5 years nearly wiped out as they struggle with lofty growth forecasts — and Fed tightening is adding to the pain
Netflix and Meta shares have seen their gains from the last five years nearly wiped out. Netflix so far in 2022 has been crashed 66% and Meta has fallen about 45%. Disappointing figures on users and rising interest rates have hurt high-growth tech stocks. Loading Something is loading. This year’s rout in Netflix and Meta… Continue reading Netflix and Meta stocks have seen their gains from the last 5 years nearly wiped out as they struggle with lofty growth forecasts — and Fed tightening is adding to the pain
It’s time to buy REITS to hedge against inflation, even though the real estate sector has struggled so far this year, says investment research firm
CFRA raised its rating on the S&P 500 Real Estate sector to marketweight from underweight on Friday. The investment research firm said REITs are a strong hedge against inflation, which has kicked up to a 41-year-high of 8.5%. The sector has declined this year with investors concerned about a potential recession. Loading Something is loading.… Continue reading It’s time to buy REITS to hedge against inflation, even though the real estate sector has struggled so far this year, says investment research firm
Lumber prices will continue to rebound into summer after reclaiming the $1,000 level as seasonal demand ramps up, industry executive says
Lumber prices crossed back above the $1,000 level on Thursday as seasonal demand begins to pick up.Wholesale and retail lumber inventories have been conservative in recent months, according to one lumber industry executive.”Heading into what is the typical seasonal strength of the lumber market, a substantial buying round is currently upon us,” Sherwood Lumber’s Kyle… Continue reading Lumber prices will continue to rebound into summer after reclaiming the $1,000 level as seasonal demand ramps up, industry executive says