Daily News

Market Call Source: BNN Bloomberg December 30, 2023

Brendan Caldwell's Top Picks: December 29, 2023

Brendan Caldwell, president, CEO and CIO, Caldwell Investment Management FOCUS: North American large caps  MARKET OUTLOOK: The market has done very well this year despite the elevated economic and geopolitical uncertainty. Better-than-expected earn...

Source: Financialpost December 30, 2023

Jack Mintz: Election year or not, 2024 promises winds of change

Governments are going to have to address sluggish productivity growth. Either that or get turfed at the pollsLast week, I summed up 2023 as a year of poor economic performance, with high interest rates, declining real per capita GDP and shortages of housing...

Source: Financialpost December 30, 2023

Opinion: As Liberals pile on the taxes, small businesses can't catch a break

Payroll taxes, carbon taxes and excises are all going up. And Ottawa won't extend the Jan. 18 deadline for paying back COVID loansBy Brianna Solberg We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other...

Source: Financialpost December 30, 2023

Rate cuts are coming, but Canadian investors should also be eyeing banks and oil

FP Outlook 2024: Here are the key headwinds, tailwinds and sectors investors should be watchingA lot of the outlooks Canadians read are about stocks down south, many focused on whether the bulk of them will catch up to the Magnificent Seven megacaps that hav...

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...