Making sense of the markets this week: January 23 + MORE Jan 22nd

How to go about securing the best return for your investment in Canada.
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 wealth

2022 Income Tax Guide for Canadians: Deadlines, tax tips and more + MORE May 1st

It’s been quite a year for numbers, hasn’t it? From rising interest rates to steep stock market drops, finances have been headline news throughout 2022. It’s almost enough to make you forget about tax season. But with the tax deadline approaching, you have a few reminders (see the dates below).... More »

‘Grand Theft Auto VI’ Trailer Smashes Past 475 Million Views in First Day (Exclusive) - The Hollywood Reporter May 8th

‘Grand Theft Auto VI’ Trailer Smashes Past 475 Million Views in First Day (Exclusive)  The Hollywood ReporterThe GTA 6 trailer makes Rockstar’s changed politics very clear  PolygonTake-Two Stock Jacked Up On Second 'GTA 6' Game Trailer  Investor's Business DailyGr.... More »
 earnings

Can I afford that mortgage? Here’s how much you can safely borrow to buy your first house + MORE Apr 25th

Talk to a mortgage broker and do a personal budget assessment before you start house hunting, expert says..... More »
 stock

Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico Mar 4th

President Donald Trump today imposed tariffs on imports from Canada and Mexico. The president’s executive order hitting Canada and Mexico with 25% across-the-board tariffs, with a lower 10% levy on Canadian energy, took effect at 12:01 a.m. ET. At a news conference in Ottawa, Prime Minister .... More »
 mutual funds

Stock news for investors: Goeasy shares plunge nearly 60% after lender suspends dividend Mar 13th

Here’s a round-up of news for Canadian investors this week. Goeasy Algoma Steel Transat RBC MDA Space Empire Featured RRSP Accounts featured EQ Bank Build your retirem.... More »
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. 

U.S. earnings season is in full swing 

Earnings season is off and running. As always, the financials were battling to be the lead-off batter, as we look at the final quarter of 2021. The lineup of fourth-quarter reports includes heavyweights like Goldman Sachs (GS), Proctor & Gamble (PG), Netflix (NFLX) and United Airlines (UAL). 

Since last week, the banks offered mixed results. A few banks underwhelmed the markets, while others knocked it out of the park. We had lacklustre results from major U.S. banks, including JPMorgan (JPM), Wells Fargo (WFC) and Citigroup (C). 

On Tuesday, Goldman Sachs (GS) reported a fourth-quarter profit that missed expectations, sending its shares down as much as 8%. JPMorgan beat profit expectations last Friday, but it saw shares fall 6% on expense concerns. 

The markets were not in a good mood coming into this past week, and these mediocre results were not enough to reverse the downward trend for U…

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Microsoft-Activision Merger: Which Stock to Buy Now  Barron’sRep. Marjorie Taylor Greene sold up to $15,000 worth of Activision Blizzard stock on the day Microsoft announced plans to buy the video game company  YahooPhil Spencer Opens Up About Activision Blizzard Plans – Thurrott.com  Thurrott.comActivision Employees Say They’re Optimistic About Acquisition by Microsoft  BNNWhy gaming is the new Big Tech battleground  Financial TimesView Full coverage on Google News

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