Daily News

Source: BNN Bloomberg January 14, 2023

S&P 500 within a whisker of 4,000 in stock rebound

Stocks closed at the highest in a month after data showed a drop in inflation expectations and major banks rebounded from losses driven by worrisome outlooks. Treasuries fell. Ahead of Monday’s U.S. holiday, the S&P 500 crossed its 200-day moving average a...

Source: BNN Bloomberg January 14, 2023

Investors look for 2023 outlooks from companies as earnings season looms

  Experts say the upcoming earnings season will be overshadowed by the broader economic climate, with interest rates and inflation data more closely watched than individual company reports. Companies have been signalling a lacklustre earnings season for...

Source: BNN Bloomberg January 14, 2023

TSX recap: Index finishes 0.74% higher amid broad-based gains

Canada's main stock index rose almost 150 points Friday on broad-based gains, while U.S. markets also rose. The S&P/TSX Composite Index was up 148.90 points, or 0.74 per cent, at 20,360.10. In New York, the Dow Jones Industrial Average was up 112.64 poi...

Personal Finance Source: BNN Bloomberg January 14, 2023

6 TFSA myths that could dampen tax savings

Canadians love their tax-free savings accounts (TFSA). Since its launch in 2009, more than 60 per cent of us have opened a TFSA.  And there’s good reason to love them. Gains on investments are never taxed…well, in most cases. The myth that investment ga...

Market Call Source: BNN Bloomberg January 14, 2023

Jason Mann's Top Picks: January 13, 2023

Jason Mann, co-founder and chief investment officer, EHP Funds FOCUS: North American equities  MARKET OUTLOOK: Markets continue to trade in a wide, volatile range as investors try to determine how far central banks will go in their quest to stamp o...

Source: Financialpost January 14, 2023

Inside Aritzia, the Canadian retailer that's the hottest fashion chain in the U.S.

Canada’s Aritzia is winning over Gen Z with ‘everyday luxury,' with U.S. sales surging 80% over past year Aritzia Inc. is winning over American teens and 20-somethings with a playbook that looks out of step with today’s often bleak retail envir...

Source: Financialpost January 14, 2023

David Rosenberg: Yet another bear market rally, but don't get sucked in by the hype just yet

If this year's rally stalls out, as it did so many times in last year’s bear market, you’ll be happy you didn’t follow the herd With the 10-year T-note yield sliding this week to 3.44 per cent, and now down nearly 100 basis points from the peak...

Source: Financialpost January 14, 2023

FP Answers: Is there any advantage to continuing CPP contributions after age 60?

The simple answer is you don’t have a choice Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. By Julie Cazzin with All...

Source: BNN Bloomberg January 13, 2023

TSX recap: Index finishes 0.93% higher amid gains in energy, financials

Canada's main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX Composite Index was up 186.15 points, or 0.93 per cent, at 20,211.20. In New York, the Dow J...

Market Call Source: BNN Bloomberg January 13, 2023

Stan Wong's Top Picks: January 12, 2023

Stan Wong, portfolio manager, Scotia Wealth Management FOCUS: North American large caps and ETFs  MARKET OUTLOOK: Unquestionably, 2022 presented a very challenging environment as a perfect storm (Russia-Ukraine war, soaring inflation, hawkish centr...