Daily News

Market Call Source: BNN Bloomberg January 28, 2023

Eric Nuttall's Top Picks: January 27, 2023

Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners FOCUS: Energy stocks  MARKET OUTLOOK: The four tenets of our “multi-year oil bull market” thesis remain intact. Demand is set to surge as China emerges from its COVID-19-zero po...

Source: BNN Bloomberg January 28, 2023

Nasdaq 100 notches its best week since November

Wall Street brushed off disappointing outlooks from some of the world’s largest technology companies to push stocks higher on speculation of smaller Federal Reserve hikes as inflation shows signs of easing. The nascent year’s tech revival sent the Nasdaq 1...

Source: BNN Bloomberg January 28, 2023

The Week Ahead: GDP data due; Rogers-Shaw deadline

Monday, January 30 Notable earnings: CAE, Canaccord Genuity Group, GE Healthcare Technologies, Whirlpool Tuesday, January 31 Notable data: Monthly Real GDP, S&P CoreLogic Case-Shiller Home Price Index, Chicago PMI, Conference Board Consumer C...

Source: Financialpost January 28, 2023

Zellers restaurants are coming back — as food trucks

The Bay is polling Canadians to find out their favourite Zellers Family Restaurant dishes for launch Hudson’s Bay Co. (HBC) said it’s launching a fleet of food trucks with dishes from the old Zellers Family Restaurant as part of its relaunch of...

Source: Financialpost January 28, 2023

Credit unions that offer homebuyers way around stress tests set to grow

Provincially regulated credit unions aren't bound by OSFI's mortgage stress test and homeowners have taken notice There’s a multi-million-dollar corner of Canada’s financial system where a stringent “stress test” imposed by the Office of the Su...

Economy Source: Financialpost January 28, 2023

Kevin Carmichael: Bank of Canada emerges as the trendsetter on interest rates

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Tiff Macklem's de...

Source: BNN Bloomberg January 27, 2023

U.S. stocks gain as traders turn blind eye to mixed GDP

Tech megacaps powered a stock-market rebound, tempering data suggesting that while the Federal Reserve still has a path to a soft landing, the risk of a recession this year is very much alive. After struggling for direction, the S&P 500 closed at the highe...

Source: BNN Bloomberg January 27, 2023

Opportunities in small caps: Three hot picks from James Telfser

Investors have been too hard on small cap stocks which is why one investment professional thinks now may be the best time to take another look at these companies.    Speaking with BNN Bloomberg's Amber Kanwar on Thursday, James Telfser, managing partner and...

Market Call Source: BNN Bloomberg January 27, 2023

Paul Harris' Top Picks: January 26, 2023

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global stocks  MARKET OUTLOOK: The U.S. Federal Reserve and other central banks reiterated that the priority remained the fight against inflation...

Source: Financialpost January 27, 2023

Food price hikes coming in February as cost blackout ends, Metro CEO says

Another round of price hikes will start hitting grocery stores in the coming weeks Another round of price hikes will start hitting grocery stores in the coming weeks, mostly due to the end of a little-known holiday tradition in the grocery busi...