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Source: BNN Bloomberg December 29, 2023

Markets today: AI mania driving Nasdaq 100’s best run since 1999

  A banner year for stocks is drawing to an end, with the market near all-time highs amid the artificial-intelligence exuberance and dovish Federal Reserve wagers. In the run-up to the final closing bell of 2023, the Nasdaq 100 wavered — while still set...

Source: BNN Bloomberg December 29, 2023

Community bonds: Strengthening the ties of community while earning a financial return

Setting aside money for worthy causes can be a challenge, but one option that's gaining momentum both gives back and offers a good return on investment. Community bonds pay out interest, and eventually return the initial capital, in the same way as more co...

Commodities Source: BNN Bloomberg December 29, 2023

Why this investor is bullish on gold in 2024

The price of gold reached a record high this month and a veteran gold watcher expects the precious metal to surge even higher in 2024. Gold reached US$2,135 per ounce on Dec. 3. As of Thursday, the price of gold was $2,075.39, or roughly 14 per cent higher...

Source: BNN Bloomberg December 29, 2023

Canadian tech stocks powered by Shopify zoom past Nasdaq 100

The U.S. technology sector was hot in 2023, Canada’s was hotter. An investor frenzy for artificial intelligence stocks propelled U.S. tech-heavy benchmarks to market-besting returns this year. But tech stocks in Canada’s S&P/TSX Composite are poised to top...

Source: BNN Bloomberg December 29, 2023

TSX recap: Index falls from 20-month high, dips 0.41%

Canada's main stock index retreated slightly on Thursday after hitting a 20-month high the day before, while a pair of reports held back growth in U.S. markets as well as north of the border. The S&P/TSX Composite Index fell 86.53 points, 0.41 per cent, to...

Source: Financialpost December 29, 2023

Big interest rate declines, strong bank stocks and more market predictions for the year ahead

Peter Hodson: We try not to make predictions, but investors seem to love them, so here are 5 for 2024Making public market predictions is a bit of a mug’s game. Any market/economic prediction is, at best, a guess (note that we did not even say educated guess...

Source: Financialpost December 29, 2023

Know your TFSA limit and stay within it — or else the CRA will come knocking

Jamie Golombek: Taxpayers who inadvertently overcontribute to their TFSA face a hefty penalty taxReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on...

Source: Financialpost December 29, 2023

'No-hydrocarbon world is dreamland:' AIMCo CEO Evan Siddall on investment opportunities in 2024

'It's our job to invest in places where we can make money for our clients' Get the latest from Barbara Shecter straight to your inbox Sign Up Pensions plans made the political headlines in 2023 like seldom before, from Alberta’s threat to pull out of...

Source: Financialpost December 29, 2023

David Rosenberg: Why the so-called soft landing is just the calm before the storm

The biggest worry of the new year is that precious few investors are prepared for the inevitable downturnAs we exit 2023, all I can think of is how it was a year replete with dichotomies and divergences. An unprecedented gap emerged between real gross domest...

Commodities Source: BNN Bloomberg December 28, 2023

Oil price news: oil falls from one-month high on thin trading, weak technicals

Oil retreated from its highest close in almost a month as key technical gauges flashed weakness amid thin holiday trading.  West Texas Intermediate fell by 1.9 per cent to settle near US$74 a barrel after closing at the strongest level since November in th...