Daily News

BlackRock Inc.'s chief macroeconomic strategist, Rupert Harrison, said the U.K. government must backtrack on its budget plans to prevent turmoil in financial markets from spreading. “It does seem pretty clear that the government is preparing a U-turn on at...

Bruce Murray, chief executive officer and chief investment officer, The Murray Wealth Group FOCUS: Global and North American equities MARKET OUTLOOK: The bear market continues to feed off the fear of higher interest rates which may feed a more sign...

BMO Capital Markets Chief Investment Strategist Brian Belski, who just a few days ago was clinging to a year-end S&P/TSX Composite Index target that implied almost 32 per cent potential upside, has cut that outlook. “Given the persistent inflationary envir...

A shift toward private markets is cushioning many of the world's largest investors from the wreckage wrought by runaway inflation and spiraling interest rates. The big question now looming over giants from China's US$1.2 trillion sovereign wealth fund to C...

Canada's main stock index fell almost 300 points Friday after a surprise reversal Thursday, pulled down by losses in energy and base metals, while the U.S. markets fell at a steeper rate. The S&P/TSX Composite Index was down 287.28 points, or 1.54 per cent...

At times this week, not even a crystal ball into the economy would’ve helped foretell the stock market’s return. Red-hot consumer prices? Stocks rallied violently, adding 5 per cent in a flash. In the end, though, the direction of the drift was all too pre...

U.K. pension funds are dumping assets to meet margin calls as the BOE confirmed it will end emergency bond buying, and the reverberations are being felt everywhere from Sydney to Frankfurt and New York.  In the US, investment-grade corporate bonds are fall...

A closely watched measure of U.S. consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation. The core consumer price index, whi...

Canada’s main stock index was up more than 400 points after a tumble right out of the gate, while U.S. stock markets also recovered significantly from the dip.  The S&P/TSX Composite Index was up 407.35 points, or 2.24 per cent, at 18,613.63. In New Yor...

U.S. stocks roared back from losses sparked by a hot inflation reading on speculation the yearlong selloff had potentially reached a bottom.  The S&P 500 closed up 2.6 per cent after swinging more than 5 per cent during a wild trading day. The benchmark cl...