This Canadian short seller made a killing on Valeant’s stock swoon + MORE Mar 16th

How to go about securing the best return for your investment in Canada.
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Stock futures nudge higher to start the week with Fed meeting, key inflation data on deck - CNBC Dec 12th

Stock futures nudge higher to start the week with Fed meeting, key inflation data on deck  CNBCDow futures slip, CPI and Fed meeting in focus By Investing.com  Investing.comCNN Fear & Greed Index In 'Neutral' Zone After Dow Tumbles 300 Points - Blue Bird (NASDAQ:BLBD), Coupa .... More »
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Making sense of the markets this week: September 7 + MORE Sep 4th

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.  The U.S. tech sector is worth more than the entire European stock market Your first thought is likely: “That doesn’t make sense.” How could one sector from the U.S. be.... More »
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Canadians are curious about investing—and willing to take bigger risks + MORE Jun 26th

If you’re not investing regularly, you’re not alone. An Ipsos poll conducted last year found that fewer than half (48%) of Canadians put money into investments annually, and just over half (51%) of Canadians feel that they’re knowledgeable about investing—but 73% say they’d like to learn m.... More »

Unifor and Fiat Chrysler avert strike, reach tentative agreement - The Globe and Mail + MORE Oct 11th

The Globe and MailUnifor and Fiat Chrysler avert strike, reach tentative agreementThe Globe and MailNegotiators for Unifor and Fiat Chrysler Automobiles NV reached a last-minute tentative agreement, averting a strike by about 10,000 auto workers that would have shut down the company's two Canad.... More »

The right way to sell stocks during COVID-19 + MORE May 15th

It’s becoming increasingly likely that the economic recovery from COVID-19 will be long and drawn out, which is not good considering that 3 million have been laid off over the last two months. Since the crisis began in Canada, MoneySense has been telling readers to hang tight with their portfolio .... More »
WASHINGTON – The Federal Reserve has taken a wait-and-see stance since raising interest rates from record lows in December — waiting and seeing whether the U.S. economic picture warrants another rate hike.
After ending its latest policy meeting Wednesday, the Fed is widely expected to wait further. For how long, no one knows.
But investors will have more information to parse once the Fed issues a statement when its meeting ends and updates its economic forecasts and Chair Janet Yellen holds a news conference. The Fed’s characterization of the U.S. and global economies and financial markets could provide clues to the timing and pace of future rate hikes.
In December, the Fed raised its benchmark short-term rate for the first time in nearly a decade — from near zero to a range of 0.25 per cent to 0.5 per cent. The increase signalled that Yellen and her colleagues felt the U.S. economy had finally strengthened enough 6 1/2 years after the Great Recession ended to withstand higher loan rates…

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The U.S. investor has approached a mix of investment funds and strategic players in a big to salvage what value it can from tanking newspaper company

Continue Reading On theglobeandmail.com »

BEIJING, China – Chinese Premier Li Keqiang pledged Wednesday to press ahead with an overhaul of the state-dominated economy and financial markets despite slowing growth, saying the country’s rising debt levels are under control.
Li’s comments at a news conference were the latest installment in a high-level campaign to reassure jittery global markets about the health of the world’s second-largest economy following stock market and currency turmoil.
Li, the country’s top economic official, expressed confidence Beijing can carry out plans to shrink bloated steel and coal industries while still meeting its economic growth target of 6.5 to 7 per cent. He promised to make it easier to set up private businesses and said financial markets will be made more market-oriented to support growth.
“We will continue to pursue market-oriented reform,” said Li at the event held following the closing of the annual session of China’s ceremonial legislature.
The premier acknowledged concerns about rising debts and potential bad loans at banks but said debt levels and manageable due to large reserves at financial institutions and a high savings rate…

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While other big investors, including the renowned Bill Ackman piled in, Jerome Hass bet against the stock – and emerges a winner

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Deals to rise amid mine fire sale

– theglobeandmail.com

Indebted producers are looking to shed assets in what could be a busy year for mining deals

Continue Reading On theglobeandmail.com »

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