Daily News

Source: Financialpost November 06, 2022

'We're in an era of higher oil prices for at least the next six years:' Eric Nuttall

Watch Ninepoint's senior portfolio manager on why he thinks oil prices are going 'a heck of a lot' higher Eric Nuttall, Partner and Senior Portfolio Manager at Ninepoint Partners, talks with Financial Post’s Larysa Harapyn about why he thinks o...

Source: BNN Bloomberg November 05, 2022

TSX recap: Index finishes 1.08% higher amid gains in base metals

Canada's main stock index was up more than 200 points Friday amid stronger-than-expected jobs data, with strong gains in the financial sector and base metals, while U.S. stock markets also posted gains. The S&P/TSX Composite Index was up 208.59 points, or...

Market Call Source: BNN Bloomberg November 05, 2022

Shane Obata's Top Picks: November 4, 2022

Shane Obata, portfolio manager, Middlefield Capital FOCUS: Global and U.S. large-cap stocks MARKET OUTLOOK: We are entering a seasonally strong period for stocks. November to January is historically one of the strongest consecutive three-month peri...

Source: BNN Bloomberg November 05, 2022

The Week Ahead: Rogers earnings; U.S. CPI

Monday, November 7 Notable data: U.S. Consumer Credit Notable earnings: Franco-Nevada, Ritchie Bros Auctioneers, Ballard Power Systems, Activision Blizzard, Take-Two Interactive, Lyft, Mosaic, Pizza Pizza Royalty, Groupon, Finning International Tues...

Source: BNN Bloomberg November 04, 2022

Liberals to propose corporate stock buyback tax in fall economic statement: CP source

BNN Bloomberg will have live coverage of the federal government's fall economic statement beginning at 3:55 p.m. EDT, both on-air and online. A senior government official says Finance Minister Chrystia Freeland's fall economic statement will propose to tax...

Source: BNN Bloomberg November 04, 2022

​TSX recap: Index closes 0.19% lower

Canada's main stock index crept lower Thursday with mixed results across the indexes, buoyed by energy stocks, industrials and base metals, while U.S. stock markets were also down. The S&P/TSX Composite Index was down 35.79 points, or 0.19 per cent, at 19,...

Source: BNN Bloomberg November 04, 2022

U.S. stocks sink as hawkish bets revive recession fears

Stocks sank before Friday’s jobs data amid concern that a deeper recession could be in store with the Federal Reserve expected to hold rates at a higher level for longer to tame inflation. The S&P 500 saw its fourth straight decline, dragged down by big te...

Market Call Source: BNN Bloomberg November 04, 2022

Brian Acker's Top Picks: November 3, 2022

Brian Acker, president, chief executive officer and chief investment strategist, Acker Finley FOCUS: North American large-cap stocks and ETFs MARKET OUTLOOK: The last time I was on Market Call, I stated the following on May 26. "As spring turns...

Source: Financialpost November 04, 2022

Five almost guarantees in the investing world other than boring GICs

Peter Hodson: A tax-loss sell is a guaranteed win Guaranteed investment certificates (GICs) are amongst the only real guarantees in the investment world today. If you invest $100,000 or less, your money is fully guaranteed by the Canada Deposit...

Source: Financialpost November 04, 2022

Jack Mintz: Trudeau follows Biden down the path to economic ruin

It is ironic that Prime Minister Justin Trudeau's Liberals chose the same unsuccessful policy path as the Democrats in Thursday’s fiscal update In next week’s midterm elections in the United States, President Joe Biden’s Democrats will be judge...