16 Low-Cost ETFs to Buy

Low-cost ETFs are a friend to investors of every stripe. Thanks to years of fee wars among competing fund providers, you can diversify your portfolio using hundreds of different investing strategies for mere pennies on the dollar. “Low cost” (or “cheap”) and “quality” are two adjectives that almost always seem to sit at different lunch… Continue reading 16 Low-Cost ETFs to Buy

Cheap oil from Iran is filling the hole left by Saudi Arabia and Russia’s productions cuts

Iran has been selling more of its crude as Saudi Arabia and Russia dial back oil production. The nation sold 1.6 million barrels a day on average in May and June, notching a five-year record. Iranian suppliers are offering a $30 per barrel discount compared to their Persian Gulf rivals, officials said. Loading Something is… Continue reading Cheap oil from Iran is filling the hole left by Saudi Arabia and Russia’s productions cuts

Why the latest job-market data is a worst-case scenario for stock bulls

The US labor market still looks like it’s running hot.  Thursday’s ADP data was double economists’ estimate, with a headline gain of 497,000 jobs. The reading suggests further rate hikes from the Fed and pain ahead for stocks.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading Why the latest job-market data is a worst-case scenario for stock bulls

The bull market in stocks is on track to push the S&P 500 to 5,000 by 2024, Bank of America says

The S&P 500 is on track to hit the 5,000 level by 2024 based on prior secular bull markets, according to Bank of America.The bank compared the current bull market that began in 2013 to secular bull markets in the 1950s and 1980s.The presidential cycle should serve as a tailwind for stocks into the middle… Continue reading The bull market in stocks is on track to push the S&P 500 to 5,000 by 2024, Bank of America says

Nouriel Roubini says the idea that BRICS countries will create a new world order is wrong as they are a ‘mishmash’ of systems

The BRICS bloc is challenged by its own mixture of political and economic types, Nouriel Roubini said. Apart from India, each member is seeing mediocre growth.  “The idea that the BRICS are going to take over the world turned out not to be right.” Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Nouriel Roubini says the idea that BRICS countries will create a new world order is wrong as they are a ‘mishmash’ of systems

‘Big Short’ investor Michael Burry predicted inflation would plunge – but his calls of a stock-market crash and recession are yet to come true

When inflation was at its peak last summer, Michael Burry predicted it would fall within months. The “Big Short” investor was right, as price growth has slowed from 9.1% last June to 4% in May. In contrast, Burry’s warnings of a historic stock-market crash and a recession are yet to pan out. Loading Something is… Continue reading ‘Big Short’ investor Michael Burry predicted inflation would plunge – but his calls of a stock-market crash and recession are yet to come true

CRA, ex-wife get paid before man’s creditor after matrimonial home is sold

Laurie Pawlitza: The ownership of a property changes when a joint tenancy is severed Published Jul 05, 2023  •  4 minute read A ‘for sale’ sign outside a home that has been sold in Ottawa. Photo by Justin Tang/THE CANADIAN PRESS files Many separated couples assume they are equal owners of their home, no matter… Continue reading CRA, ex-wife get paid before man’s creditor after matrimonial home is sold