Daily News

Source: BNN Bloomberg November 18, 2022

TSX today: Index down 0.92% amid losses in energy stocks

Canada's main stock index was down nearly 200 points, as losses in the energy and base metal sectors helped lead a broad-based decline, while U.S. stock markets also fell in late-morning trading. The S&P/TSX Composite Index was down 183.82 points, 0.92 per...

Source: BNN Bloomberg November 18, 2022

JPMorgan managers are betting on left-for-dead 60/40 strategy

Battered 60/40 portfolios will roar back to life and provide investors with solid returns after the worst performance in nearly 15 years, according to J.P. Morgan Asset Management. The asset manager said the classic strategy, which allocates 60 per cent to...

Market Call Source: BNN Bloomberg November 18, 2022

Paul Harris' Top Picks: November 17, 2022

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 November 18, 2022

'Team Transitory' holdout Stephen Poloz says the Bank of Canada is close to getting inflation under control

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 And it shouldn’t...

Source: Financialpost November 18, 2022

Philip Cross: Trudeau runs Ottawa like a Silicon Valley startup

Burn through cash and hope for a moonshot Prime Minister Trudeau recently questioned the viability of exporting liquified natural gas from Canada’s East Coast to Europe, saying there has “never been a strong business case” for such projects — e...

Source: Financialpost November 18, 2022

Pension managers cry foul as Ottawa moves to end bond that tracks inflation

Removing it just when it is needed the most TORONTO — Canada is facing pressure to reverse its decision to end issuing real return bonds, a product pension plans rely on to ensure that inflation, currently at its most volatile in decades, does...

Source: Financialpost November 18, 2022

COP27 goes into overtime as Canada continues to face criticism on oil and gas stance

Guilbeault resists heavy lobbying from India and others to sign final agreement committing to complete phaseout of fossil fuels Environment Minister Steven Guilbeault, a former environmental activist who is seen as an enemy by much of the oil a...

Source: Financialpost November 18, 2022

Howard Levitt: Halton school board has the power to ban trans teacher’s outfit, it’s just too scared to use it

Recognizing gender identity does not permit vulgarity or sexualization By Howard Levitt and Peter Carey  We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from...

Source: BNN Bloomberg November 17, 2022

U.S. stocks end day lower as Fed pivot hopes diminish

U.S. stocks declined after strong retail sales data and comments from at least two Federal Reserve speakers recast bets that the central bank’s policy tightening regime is nearing an end.  About 68 per cent of S&P 500 companies ended Wednesday’s session lo...

Market Call Source: BNN Bloomberg November 17, 2022

Kim Bolton's Top Picks: November 16, 2022

Kim Bolton, president and portfolio manager, Black Swan Dexteritas FOCUS: Technology stocks  MARKET OUTLOOK: If you thought things were going to calm down after the U.S. midterms, think again. No later than two days after Americans voted, financial...