TSX getting you down? There are always sound investment alternatives.
Latest News
Students seeking sugar daddies for tuition, rent May 29th
Candice Kashani graduated from law school debt-free this spring, thanks to a modern twist on an age-old arrangement.
During her first year, she faced tuition and expenses that ran nearly $50,000, even after a scholarship. So she decided to check out a dating website that connected women looking for .... More »
Making sense of the markets this week: February 1, 2021 Jan 30th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Redditors took on hedge funds—and won!
Not to be outdone, the year 2021 turns to 2020 and says “hold my beer.”
Just when you thought that things couldn’t get any l.... More »
MSCI delays adding Chinese stocks to emerging markets index + MORE Jun 14th
Global stock benchmark provider MSCI has decided to delay including stocks listed in mainland China in its widely followed Emerging Markets Index, saying China has to take further steps toward making its market more accessible and closer to international standards.
MSCI said Tuesday that while Chine.... More »
Blue Sky Investing — Fly High with 3 Unusual Strategies Sep 20th
While most investors pore over stocks and shares or siphon their savings into a traditional business like a shop or pub, others look for something a little more exciting.
There are risks involved in any type of financial venture and these must be weighed against potential rewards — with a touch of.... More »
How to explain net worth to your kids + MORE Sep 12th
Your net worth is the sum of all your assets and liabilities. It’s a basic calculation that will help determine your financial worthiness with banks and creditors. If you want to buy a house, rent a car or just get an apartment, it’s an important figure to know.
1. “You make $200 a week, right.... More »
Toronto condo developers head directly to China to court buyers
– theglobeandmail.com
Some developers and real estate brokers see it as an expanding market with great potential, but others warn of pitfalls
My Tax Overhaul to Unleash 4% Growth
– online.wsj.com
Three income-tax rates: 10%, 25% and 28%, plus a 20% corporate rate and immediate expensing on new investment.Business Highlights
– canadianbusiness.com
___
China’s shifting economy mints US corporate winners, losers
China is losing its appetite for dump trucks, iron ore and construction cranes. But the Chinese still want to travel and give their kids a better education.
Growth in the world’s second-largest economy is decelerating and rattling financial markets around the world. Behind that slowdown is an evolutionary shift in China’s economy— from a dependence on exports and investment in factories and housing — to a reliance on spending by its emerging middle class.
That transition, a gradual and perhaps painful one, will affect which U.S. companies stand to benefit and which will be squeezed as China’s growth slides from the double-digit annual rates of the mid-2000s to 7 per cent, 6 per cent, maybe even less.
___
United says CEO Jeff Smisek is out, effective immediately
The chairman and CEO of United Airlines is stepping down in connection with an investigation into dealings with the agency that operates New York-area airports…
China’s shifting economy mints US corporate winners, losers
China is losing its appetite for dump trucks, iron ore and construction cranes. But the Chinese still want to travel and give their kids a better education.
Growth in the world’s second-largest economy is decelerating and rattling financial markets around the world. Behind that slowdown is an evolutionary shift in China’s economy— from a dependence on exports and investment in factories and housing — to a reliance on spending by its emerging middle class.
That transition, a gradual and perhaps painful one, will affect which U.S. companies stand to benefit and which will be squeezed as China’s growth slides from the double-digit annual rates of the mid-2000s to 7 per cent, 6 per cent, maybe even less.
___
United says CEO Jeff Smisek is out, effective immediately
The chairman and CEO of United Airlines is stepping down in connection with an investigation into dealings with the agency that operates New York-area airports…
North American stocks moved higher on Tuesday, following the trend set by financial markets in China and Europe.
Chief of Chinese-led Asian regional bank says door still open for US, Japan to be members
– canadianbusiness.com
SEOUL, South Korea – The inaugural president of a Chinese-led Asian regional bank said Wednesday the door remains open to the United States and Japan becoming members of the institution that Washington objected to.
Jin Liqun, president-designate of the Asian Infrastructure Investment Bank, said that the bank will work closely with the World Bank, Asian Development Bank, European Bank for Reconstruction and Development and other institutions. He said it will explore opportunities for joint financing of infrastructure with those institutions.
“We had rounds of discussions with Japanese authorities and U.S. authorities about many kinds of co-operation, which we could have,” he said at a press briefing during his first visit to an AIIB member country. “So the door keeps open for Japan and the United States to be a member of the AIIB.”
The U.S. had complained that the AIIB would undercut existing institutions and might allow looser lending standards. But the bank won wide support from U…
Jin Liqun, president-designate of the Asian Infrastructure Investment Bank, said that the bank will work closely with the World Bank, Asian Development Bank, European Bank for Reconstruction and Development and other institutions. He said it will explore opportunities for joint financing of infrastructure with those institutions.
“We had rounds of discussions with Japanese authorities and U.S. authorities about many kinds of co-operation, which we could have,” he said at a press briefing during his first visit to an AIIB member country. “So the door keeps open for Japan and the United States to be a member of the AIIB.”
The U.S. had complained that the AIIB would undercut existing institutions and might allow looser lending standards. But the bank won wide support from U…
