Daily News

Economy Source: Financialpost January 26, 2023

Chrystia Freeland faces big spending demands and darker economic outlook

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 Finance minister...

Source: BNN Bloomberg January 25, 2023

U.S. stock rally throttled as earnings season picks up

Wall Street saw some buyer fatigue after a solid equity rally, with investors scouring a batch of earnings for clues on the outlook for Corporate America amid mounting fears about a recession. The S&P 500 halted a two-day advance. Just before the start of...

Source: BNN Bloomberg January 25, 2023

Utilities stocks to watch: Hot Picks from Andrew Weisel

As the risk of a recession continues to grow, one investment professional said investors should be looking to the utilities sector amid possible volatility. Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, Andrew Weisel, equity research director at S...

Market Call Source: BNN Bloomberg January 25, 2023

Brooke Thackray's Top Picks: January 24, 2023

Brooke Thackray, research analyst, Horizons ETF Management Canada FOCUS: Seasonal investing and technical analysis  MARKET OUTLOOK: The stock market is struggling to move higher as a result of major crosscurrents. The stock market continues to p...

Source: BNN Bloomberg January 25, 2023

Jeremy Grantham warns of a 17% plunge in the S&P 500 this year

The popping of the bubble in U.S. stocks is far from over and investors shouldn’t get too excited about a strong start to the year for the market, warns Jeremy Grantham, the co-founder and long-term investment strategist of GMO.  In fact, the 84-year-old m...

Company News Source: BNN Bloomberg January 25, 2023

Waratah hedge fund snaps perfect streak With First Annual Loss

Waratah Capital Advisors’ biggest hedge fund posted its first-ever annual loss in 2022, but the Canadian firm still delivered positive returns on most of its products, including its flagship equity funds. The investment manager’s Waratah Performance fund d...

Source: Bankofcanada January 25, 2023

Monetary Policy Report – January 2023

Inflation in Canada is still too high but has declined from its peak. As the effects of higher interest rates continue to spread through the economy, an...

Source: Bankofcanada January 25, 2023

Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening. G...

Source: Bankofcanada January 25, 2023

Monetary Policy Report Press Conference Opening Statement

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and the Bank’s Monetary Policy Re...

Source: Financialpost January 25, 2023

Posthaste: What another Bank of Canada hike could mean to the housing market and borrowers

Is the worst of the rate shock behind us? Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. We ap...