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Students, there’s help for you too during COVID-19. Here’s how to access it + MORE Apr 27th
From government financial support to the expanded summer jobs program, here are four smart money moves to help you weather the storm..... More »
Malaysia says Goldman Sachs must pay, apology not enough Jan 18th
Malaysia's finance minister says that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion as compensation..... More »
Sears Canada's court monitor opposes priority for pensioners over other creditors + MORE Sep 11th
A court-appointed monitor for the Sears Canada bankruptcy process says it opposes a proposal that would effectively allocate all the failed retailer's remaining assets to the company's underfunded pensions..... More »
Making sense of the markets this week: December 18, 2022 Dec 16th
There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Making sense of the markets this week: December 18, 2022 - moneysense.caThis week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context f.... More »
Ruby Tuesday and Concordia skid; Nordstrom and Sunrun surge + MORE Aug 13th
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Friday:
Nordstrom Inc., up $3.82 to $51.38
The department store chain said its anniversary sale results were strong, and it raised its annual profit forecast.
Ruby Tuesday Inc., down 49 cents to $3.24
The restaurant chain re.... More »
North American stock markets were sharply lower again today, as fears about the global economy dragged equities lower just about everywhere.
The Financial Post’s Jonathan Ratner looks at some of the day’s top business and financial stories.
Why Canada’s leaders won’t talk about housing bubbles
– moneysense.ca
Given the real estate sector’s importance to the economy—it amounts to $4 trillion of Canadians’ wealth, is equal to roughly seven per cent of GDP and dominates 99 per cent of dinner-party conversations—you might have thought the housing market would be a significant point of debate in the federal election campaign. Remember, this was supposed to be an election about the economy. So much for that.
By now, it should be clear what’s at stake. Real estate has been a primary driver of Canadian economic growth for several years. It single-handedly lifted us out of the Great Recession, while soaring home prices made homeowners feel richer, spurring them to borrow and spend at a time when other parts of the economy, such as manufacturing and exports, have stagnated. With the collapse of the energy sector, housing is now the only game in town. And yet our pumped-up housing market and household debt levels are the greatest threats we face. This week, Citigroup became the latest in a long line of organizations, including Bank of America Merrill Lynch and the IMF, to express alarm…
By now, it should be clear what’s at stake. Real estate has been a primary driver of Canadian economic growth for several years. It single-handedly lifted us out of the Great Recession, while soaring home prices made homeowners feel richer, spurring them to borrow and spend at a time when other parts of the economy, such as manufacturing and exports, have stagnated. With the collapse of the energy sector, housing is now the only game in town. And yet our pumped-up housing market and household debt levels are the greatest threats we face. This week, Citigroup became the latest in a long line of organizations, including Bank of America Merrill Lynch and the IMF, to express alarm…
The week’s most overbought and oversold TSX stocks
– theglobeandmail.com
It’s a difficult period for technical analysis
At the open: Wall St., TSX follow global markets lower on China growth fears
– theglobeandmail.com
Both TSX and Wall Street open lower
