Daily News

Source: BNN Bloomberg July 18, 2023

U.S. stocks climb after Yellen eases recession fears

U.S. stocks resumed a rally as investors weighed bets the Federal Reserve is approaching the end of its interest-rate hikes against evidence pointing to a slowdown in China’s economy. The S&P 500 gained 0.4 per cent and the tech-heavy Nasdaq 100 rose 0.8 p...

Market Call Source: BNN Bloomberg July 18, 2023

Brendan Caldwell's Top Picks: July 17, 2023

Brendan Caldwell, president, CEO and CIO, Caldwell Investment Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Macroeconomic statistics paint a mixed picture of the overall health of the economy but consumer spending is resilient...

Source: BNN Bloomberg July 18, 2023

​Possible merger and acquisition deals that could benefit investors

Investors looking for stocks to buy that could be lifted from merger and acquisition activity should be looking at the 3D space, natural resources and cloud computing, an M&A strategist advises.    Speaking with BNN Bloomberg’s Amber Kanwar on Monday, Julian...

Source: BNN Bloomberg July 18, 2023

​U.S. banking stocks are trading at a discount: investment expert

As U.S. banks post strong quarterly results, one investment expert says the majority of these companies are trading at a large discount.  The sector is benefiting this season from lowered expectations, higher revenue from loans and in the case of JPMorgan...

Source: BNN Bloomberg July 18, 2023

TSX recap: Index finishes slightly lower amid losses in energy stocks

Weakness in energy and telecoms helped Canada's main stock index tick lower after a mixed day of trading Monday, while U.S. markets rose.  The S&P/TSX Composite Index was down 35.28 points, or 0.17 per cent, at 20,226.79. In New York, the Dow Jones Indu...

Source: Financialpost July 18, 2023

Ring of Fire development stalled due to lack of dialogue with First Nations, Guilbeault says

'We haven’t been able to agree yet' Get the latest from Naimul Karim straight to your inbox Sign Up Environment Minister Steven Guilbeault says the lack of progress in mining projects in the mineral-rich Ring of Fire region in Norther...

Source: Financialpost July 18, 2023

If you think this stock market rally is based on fundamentals, think again

Martin Pelletier: The real cause will likely surprise you and could make you nervous As a former sell-side equity analyst, I just can’t help focusing on the fundamentals that backstop an investment. However, there are times when doing so can me...

Source: Financialpost July 18, 2023

Why the real estate industry is closely watching the sale of two Vancouver office towers

'That’s going to be the real test of where the office values are' Get the latest from Barbara Shecter straight to your inbox Sign Up An attempt to sell of a pair of office towers in downtown Vancouver is being carefully watched by the...

Source: Financialpost July 18, 2023

Posthaste: Canada's standard of living is falling behind the rest of the developed world

OECD predicts country will rank last in real GDP per capita growth until 2060 We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canad...

Economy Source: Financialpost July 18, 2023

How immigration could be impacting the Bank of Canada's efforts to bring down inflation

Influx of newcomers could be adding to factors keeping governor Tiff Macklem up at night, one economist says Get the latest from Naimul Karim straight to your inbox Sign Up Demand created from a record influx of immigrants could be on...