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Source: Financialpost April 16, 2023

B.C. couple has plenty of money, but even the wealthy need a coherent financial plan

With an effective investment strategy, couple's $20-million estate could grow to $40 or $50 million in 30 to 40 years Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission fr...

Source: Financialpost April 16, 2023

How the great work-from-home experiment fell apart for big tech staff

Tech companies led the office exodus, but a brutal downturn has changed the landscape Tens of thousands of Facebook employees had been working from home for just two months when chief executive Mark Zuckerberg made a bold prediction: in a few y...

Source: BNN Bloomberg April 15, 2023

U.S. stocks eke out a weekly gain as banking fears ease

U.S. stocks edged higher while bonds yields surged this week as worries about the banking sector abated and traders upped wagers that at least one more interest rate increase could be in store from the Federal Reserve this year. The S&P 500 rose 0.8 per ce...

Market Call Source: BNN Bloomberg April 15, 2023

Michael Hakes' Top Picks: April 14, 2023

Michael Hakes, senior portfolio manager, Murray Wealth Group FOCUS: U.S. and global stocks  MARKET OUTLOOK:  As we enter the first quarter earnings season the market is still digesting the many data points recently announced regarding the economy,...

Source: BNN Bloomberg April 15, 2023

The Week Ahead: Earnings from Bank of America; CPI data due

Monday, April 17 Notable data: Wholesale Trade, International Securities Transactions, New Motor Vehicle Sales, Empire State Manufacturing Survey, NAHB Housing Index, Foreign Purchases of U.S. Securities Notable earnings: Parkland Corp., Charles Schwa...

Source: Financialpost April 15, 2023

Bank of Canada's chance of soft landing has gone up

Watch: Deloitte's Trevin Stratton on the Bank of Canada's monetary policy report Trevin Stratton, national economic advisory leader and partner at Deloitte Canada and economic advisory leader at Deloitte Global talks with Financial Post’s Larys...

Source: Financialpost April 15, 2023

Jack Mintz: Sorry, Mr. Singh: Inflation-adjust food profits and gouging disappears

Explanation for high food prices is not price gouging It isn’t surprising that NDP leader Jagmeet Singh would argue food inflation is due to price gouging by grocery companies. His business is politics after all, not a truth-finding mission. Wh...

Source: Financialpost April 15, 2023

Canadians are about to be hit by the full shock of rising interest rates

This is what the Bank of Canada sees happening on the ground Get the latest from Stephanie Hughes straight to your inbox Sign Up Canadians are about to feel the full effect of the interest-rate shock the Bank of Canada put in motion a...

Executive Summary Source: Financialpost April 15, 2023

Posthaste: Canadians fear worst yet to come for economy as high interest rates take financial toll

46% are $200 away or less from not being able to meet their financial obligations Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on t...

Source: BNN Bloomberg April 14, 2023

​Social media stocks to consider from Angelo Zino

​One analyst is bullish on some social media stocks that he says stand to benefit the most within the sector in the years to come.   Speaking with BNN Bloomberg’s Paul Bagnell on Thursday, Angelo Zino, senior equity analyst at CFRA Research, said he looks...