The new rate calls represent a marked shift in the outlook for borrowing costs that will take many Canadians by surprise Author of the article: Bloomberg News Erik Hertzberg The Bank of Canada building in Ottawa. Photo by REUTERS/Chris Wattie/File Photo Markets and economists are expecting the Bank of Canada to embark on one of… Continue reading Economists predicting multiple half-point rate hikes by Bank of Canada
Stock Market Today: Stocks’ Win Streak Snapped Despite Good Jobs News | Kiplinger
Stock Market Today Optimism about peace in Eastern Europe faded Wednesday, chilling a stock market that had recently heated up.Positive momentum in the major indexes ran out Wednesday as a resurgence in Russian military activity overshadowed good news on the employment front. Less than a day after pledging to pull back operations in Kyiv, Russian… Continue reading Stock Market Today: Stocks’ Win Streak Snapped Despite Good Jobs News | Kiplinger
Why Inverted Yield Curve Panic Is Overdone | Kiplinger
stocks Yes, a 2-and-10 yield curve inversion has predicted many past recessions. But it’s an imprecise signal – and one that leads equity investors astray.In case you haven’t heard by now, the “2-and-10” yield curve momentarily inverted this week. Some market participants and financial media have responded with alarm, and given this signal’s singular track… Continue reading Why Inverted Yield Curve Panic Is Overdone | Kiplinger
Buy Now, Pay Later: 5 BNPL Stocks to Buy | Kiplinger
Buy now, pay later (BNPL) financing has become big business in recent years, helping to propel both specific BNPL stocks and larger firms with interests in the industry. Buy now, pay later is effectively an installment loan. A customer will typically make a handful of equal payments for a product or service, with the first payment… Continue reading Buy Now, Pay Later: 5 BNPL Stocks to Buy | Kiplinger
Kiplinger 25 Model Portfolios | Kiplinger
We’ve constructed three portfolios using only funds from the Kiplinger 25, a list of our favorite no-load mutual funds, designed for investors with different goals, time horizons and levels of risk tolerance. Use the models below as a starting point for your own portfolio. Tweak where necessary. Beef up your stocks if you want to… Continue reading Kiplinger 25 Model Portfolios | Kiplinger
Stock Market Today: Ukraine Talks Bring Out the Bulls | Kiplinger
Fresh signs of at least the potential of a resolution in Eastern Europe whetted risk appetites Tuesday, even as the ominous 2-10 yield curve came even closer to inverting. During the latest round of talks with Ukraine today, Russian Deputy Defense Minister Alexander Fomin said his country’s military would “drastically” remove its military presence from… Continue reading Stock Market Today: Ukraine Talks Bring Out the Bulls | Kiplinger
US stocks snap 4-day win streak as optimism around Russia-Ukraine peace talks fades
US stocks snapped a four-day win streak on Wednesday as optimism around talks between Russia and Ukraine faded.Russia said it has yet to see any breakthrough in its talks with Ukraine, and that a lot of work still remains.Commodity prices rebounded, adding to ongoing concerns of persistent inflation. Loading Something is loading. US stocks fell… Continue reading US stocks snap 4-day win streak as optimism around Russia-Ukraine peace talks fades
Apple’s plan to expand in-house fintech sends current partners tumbling, including Goldman Sachs
Apple is working to bring future fintech offerings in house, according to a Bloomberg report.The plan would result in Apple insourcing payment processing, risk assessment, and fraud analysis.Apple’s fintech partners traded lower following the report, including Goldman Sachs, Green Dot, and CoreCard. Loading Something is loading. Apple sees enough long-term potential in fintech that it’s… Continue reading Apple’s plan to expand in-house fintech sends current partners tumbling, including Goldman Sachs