This stock is set to see big action on Wednesday + MORE May 17th

This U.S.-based retailer will report its first-quarter results on Wednesday morning

We caught up with Kurt Reiman, chief investment strategist at BlackRockin Canada, an institutional investment firm which markets the iShares suite of exchange-traded funds (ETF) to investors. Reiman will present at the upcoming MoneySense Road to Riches event on May 27 in Toronto. We’ll see you there, so pick up a ticket before they are all gone. Bring your questions for Reiman, and for blogger Bridget Casey, columnist and stockpicker Norm Rothery and Rudy Luukko from Morningstar Canada.

MoneySense: The financial markets have been a lot less volatile in the past six months. How has the Trump factor played out in terms of market reaction?
Kurt Reiman: The narrative around fading fears of deflation, accelerating economic activity and recovering profits was already well advanced when Donald Trump was elected America’s next president. Moreover, the upturn witnessed in the U.S. economy last summer has taken root throughout the world at a time of still rather easy monetary policy. Although much of the initial euphoria around deregulation, tax reform and infrastructure spending has faded, economic expectations have shifted from one of acceleration to one of a sustained economic expansion…

The huge short position in the stock has been cut roughly in half over the past few weeks, but it may not signal any higher degree of confidence in the beleaguered company’s future

North American and Asian staff expected to face brunt of job losses as auto maker tries to boost profit and stock price