Daily News

Source: BNN Bloomberg January 21, 2023

Emerging market opportunities: Three hot picks from Ramiz Chelat

While many economists are warning that a looming recession is just around the corner in Canada, one portfolio manager said now’s the time to make sure you are diversifying with assets in emerging markets. Ramiz Chelat, portfolio manager at Vontobel Asset M...

Source: BNN Bloomberg January 21, 2023

TSX today: Index up amid gains in industrial stocks

Canada's main stock index was up in late morning trading amid broad-based gains led by the battery metals and industrial sectors, while U.S. stock markets also climbed. The S&P/TSX Composite Index was up 83.96 points, or 0.41 per cent, at 20,425.4. In N...

Source: BNN Bloomberg January 21, 2023

U.S. stocks bounce thanks to tech rally, Fed comments

U.S. stocks clawed back some of this week’s losses as a tech rally buoyed risk sentiment and comments by Federal Reserve officials dialed back fears of overly aggressive policy moves. The S&P 500 Index rose for the first time in four days, with all 11 sect...

Market Call Source: BNN Bloomberg January 21, 2023

Brian Madden's Top Picks: January 20, 2023

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities  MARKET OUTLOOK: Rapid increases in interest rates have undermined stocks, bonds and real estate globally. We have almost reached the “enough is...

Source: Financialpost January 21, 2023

Remote work 'doesn’t work' for younger staff, management, Jaime Dimon says

Comes as economic uncertainty increases concerns bosses could use return-to-office mandates as reason to let people go Jamie Dimon said working from home “doesn’t work” for younger staff or bosses, the Wall Street titan’s latest salvo against r...

Source: Financialpost January 21, 2023

Housing prices have been declining, but 2022 wasn't catastrophic and 2023 is looking better

A dig into the data shows sales held their own last year against long-term trends setting up this year for a likely recovery Most pundits believe the long-term outlook for housing is positive, but any kind of consensus on the short-term future...

Source: Financialpost January 21, 2023

Diane Francis: Liberal Canada is in sore need of a change in management

If Canada were a publicly-listed company, its management would have been turfed out years ago by shareholders Canada was hoisted into the G7 in 1975 by Gerald Ford so that Europe’s large economies didn’t dominate the new organization. Today, Ca...

Economy Source: Financialpost January 21, 2023

High for longer? Watch out for 'hawkish signal' from Bank of Canada next week: Capital Economics

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 Capital Economics...

Economy Source: Financialpost January 21, 2023

Retail sales increase in December as consumers keep spending

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 Preliminary data...

Economy Source: Financialpost January 21, 2023

Recession or soft landing? Economists divided as economy, labour market prove resilient

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 While some think...