News
Trump Wants to Control the Fed. History Says That's How Bear Markets Are Born.
1+ hour, 45+ min ago (441+ words) There's ample reason to believe that President Trump wants to control the Fed in order to reduce interest rates. History shows that ill-advised rate cuts lead to economic declines and bear markets. Does President Trump want to control the Federal…...
Stock Market Investors Just Got an Urgent Warning From Fed Chair Jerome Powell
2+ hour, 38+ min ago (661+ words) Federal Reserve Chair Jerome Powell recently said the economic outlook remains highly uncertain and the Iran conflict is making the situation worse. JPMorgan Chase strategists believe the Federal Reserve is done cutting rates; they expect policymakers to pivot to rate…...
Opinion: A modest proposal for the institutions that run our economy
21+ hour, 27+ min ago (1183+ words) The major financial institutions, the major pension funds, the anchor foundations each hold capital they could deploy in Canada and have not, writes Laurence B. Mussio. Fred Lum/The Globe and Mail Laurence B. Mussio is chair of the Long Run Institute…...
Is Bitcoin a Great Investment for Retirement Savings?
1+ day, 14+ hour ago (361+ words) Some institutional research indicates that it's favorable to hold at least a smidgen of Bitcoin. But holding too much of it will dramatically increase the volatility of an entire portfolio. Bitcoin(CRYPTO: BTC) has been the top-performing asset class in…...
Why the S&P 500 and Nasdaq Hit Record Highs While the Dow Fell Today
1+ day, 17+ hour ago (488+ words) The S&P 500 and Nasdaq 100 hit fresh records Friday morning; the Dow turned negative by midday. Apple's 4. 5% post-earnings jump is carrying the tech-heavy indexes; Amgen's 5. 7% drop is dragging on the Dow. New tariff headlines and falling oil prices added volatility,…...
Mortgage Rates Just Hit a Four-Week High Thanks to Iran. Are Homebuilder Stocks a Buy on the Dip?
1+ day, 16+ hour ago (647+ words) Mortgage rates have risen over the last month as investors bet that the extended closure of the Strait of Hormuz could lead to inflation and higher interest rates. Homebuilders have reported declining sales in the first quarter. The housing market…...
Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy
2+ day, 20+ hour ago (225+ words) Minutes from the Bank of England meeting showed that eight of the nine rate-setters voted to keep rates on hold while one member opted for a quarter-point hike. But there was a clear signal that interest rates could rise in…...
Banks are competing for savers by matching, not raising, GIC rates
2+ day, 14+ hour ago (481+ words) The Bank of Canada may be standing still with Wednesday's rate hold, but the country's deposit market is still shifting. The difference is that banks are no longer competing by meaningfully raising rates. Instead, they are competing by matching the…...
How retirees can plan for expense shocks
2+ day, 23+ hour ago (316+ words) Ideally, they would address large, infrequent expenses while they still have employment income and greater cash flow flexibility...
Does a recession loom this year? Not if you listen to the stock market
3+ day, 3+ hour ago (730+ words) Is a recession unavoidable this year? Surging oil prices amid the Middle East conflict and cracks in private credit markets provide plenty of reason for concern. But I don't think one will materialize - not in the United States, and probably…...