Daily News

Market Call Source: BNN Bloomberg August 16, 2023

Kim Bolton's Top Picks: August 15, 2023

Kim Bolton, president and portfolio manager, Black Swan Dexteritas FOCUS: Technology Stocks  MARKET OUTLOOK: For July, the S&P 500 Index gained about three per cent, the Nasdaq Composite added about four per cent and our BSD Global Tech Hedge Fund...

Source: BNN Bloomberg August 16, 2023

Ontario Teachers’ makes bond bet as economic clouds gather

Ontario Teachers’ Pension Plan is making a bigger bet on bonds and credit and is adding leverage to pay for it. The pension fund, one of Canada’s largest institutional investors, earned a 1.9 per cent investment return in the first half as its fixed income...

Source: BNN Bloomberg August 16, 2023

Consumer brands that have staying power: Analyst

Consumers are stretched thin when it comes to spending their money amid high inflation, but some brands will have lasting staying power, according to one analyst.  Speaking with BNN Bloomberg’s Amber Kanwar on Tuesday, Jaime Katz, senior equity analyst at...

Source: BNN Bloomberg August 16, 2023

TSX recap: Index finishes 1.93% lower amid broad-based losses

Canada's main stock index fell almost 400 points, or nearly two per cent, Tuesday on broad-based weakness, while U.S. markets also fell, with the three major indexes south of the border each losing more than one per cent. The S&P/TSX Composite Index closed...

Source: Financialpost August 16, 2023

Why couples should consider co-mingling their finances

Research shows that couples who merge their money are more likely to be happy and successful Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through...

Source: Financialpost August 16, 2023

Ontario Teachers' Pension Plan says 1.9% return shows portfolio strategy is working

Market volatility expected to continue, says CEO of Canada’s largest single-profession pension fund Get the latest from Barbara Shecter straight to your inbox Sign Up The Ontario Teachers’ Pension Plan Board posted a six-month net ret...

Source: Financialpost August 16, 2023

Opinion: Early warning signs for Canada from U.S. debt downgrade

U.S. public debt may not be the low-risk asset it once was Fitch’s recent downgrade of U.S. public debt, dropping it one notch below “AAA,” is good reason to examine the relationship between U.S. debt and the dollar’s future as a reserve curren...

Source: Financialpost August 16, 2023

Hotter-than-expected inflation turns up heat on Bank of Canada

Consumer price index rises to 3.3% Consumer prices bounced up in July after decelerating almost every month since peaking in June last year, possibly signalling that the Bank of Canada could be entering one of the most difficult phases of its i...

Source: BNN Bloomberg August 15, 2023

TSX today: Index down in late-morning trading

Canada's main stock index was down nearly 100 points in late-morning trading, weighed down by losses in the energy and base metal sectors, while U.S. stock markets were mixed. The S&P/TSX Composite Index was down 89.57 points, or 0.44 per cent, at 20,318.0...

Source: BNN Bloomberg August 15, 2023

Rise in oil prices to boost oilfield services stocks: Analyst

A sustained rise in the price of oil could benefit oilfield services and reward investors who pick up these stocks while they remain undervalued, according to one analyst. Speaking with BNN Bloomberg’s Amber Kanwar on Monday, Cole Pereira, vice president o...