Daily News

Canada’s benchmark index closed higher Friday but it wasn’t enough to pull the S&P/TSX Composite Index out of a weekly loss as the heavyweight financial subsector buckled under souring investor sentiment. The Canadian benchmark index closed 65.39 points hi...

Zachary Curry, director and portfolio manager, Greenrock Capital Partners FOCUS: North American large caps MARKET OUTLOOK: There has definitely been no shortage of doom and gloom headlines over the past six months. While we agree that the overall m...

Ask paid stock forecasters what the market will do next, and the answers aren’t reassuring. Anything from plunge 12 per cent to jump 32 per cent, say S&P 500 strategists tracked by Bloomberg, among the widest ranges on record. Such a breadth of outcomes is...

Canadian private equity firms pulled back on deal making in the first half of 2022, according to recent data from industry tracker PitchBook, with experts attributing the slowdown to economic factors such as rising interest rates and inflation.     The down...

It used to be said that a penny saved was a penny earned, but rising prices helped push out the penny years ago, and with inflation now running at well over seven per cent, it’s eating into every nickel and dime. So while inflation is clearly happening, ac...

Monday, July 18 Notable data: Canadian housing starts Notable earnings: Bank of America, Goldman Sachs, IBM Tuesday, July 19 Notable data: U.S. housing starts and building permits Notable earnings: First Horizon, Johnson & Johnson, Netfli...

Credit defaults are on track to rise in North America, Europe, Asia, and Australia, according to a survey by the International Association of Credit Portfolio Managers, as the risk of global recession mounts. The economic slump is likely to occur later thi...

For all the volatility whipsawing the US bond market, traders are showing increasing confidence that the alarm bells warning of a recession will only get louder. The jump in consumer prices in June by another four-decade high reinforced the near-certainty...

The Bank of Canada's largest interest rate hike in 24 years caused the loonie to drop to a 20-month low as investors feared the U.S. Federal Reserve would mirror the full percentage point hike in two weeks. The Canadian dollar dropped to a low of 75.62 cen...

Stephen Takacsy, president, chief executive officer and chief investment officer, Lester Asset Management FOCUS: Canadian stocks MARKET OUTLOOK: Volatility continues to rule capital markets in 2022 due to the aftereffects of the pandemic, including...