Daily News

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...

Source: BNN Bloomberg January 13, 2023

Bond yields tumble as traders dial back Fed wagers

Treasury yields slumped as inflation showed signs of easing, which could make the case for the Federal Reserve to slow its pace of rate hikes to prevent a harsher economic downturn. Stocks saw mild gains. Wall Street looked past its initial disappointment...

Source: BNN Bloomberg January 13, 2023

ESG craze is a 'mass investing delusion': Carson Block

The short-selling investor best known in Canada for exposing one of the country’s largest corporate fraud cases has now turned his attention to what he calls the “delusion” in environmental, social, and governance (ESG) investing. Carson Block, founder and...

Source: Financialpost January 13, 2023

Subway — one of world's biggest fast-food chains — exploring sale that could top $10 billion, source says

With 37,000 locations the sandwich chain is bigger than McDonald's Subway is exploring a potential sale that could value the sandwich chain at more than US$10 billion, according to a person familiar with the matter. We...

Source: Financialpost January 13, 2023

Jack Mintz: Federal employment growth is now out of hand

Rate of jobs growth more than three times greater than in private sector We often talk about Canada’s poor productivity and low per capita income growth. What we don’t discuss is productivity in the public sector. The goal of governments may be...