Daily News

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities  MARKET OUTLOOK: As expected, America avoided the low probability, high severity, spectre of a debt default. Relief rallying by investors who exp...

Monday, June 26 Notable data: Bloomberg Nanos Confidence, Bloomberg June Canada Economic Survey Notable earnings: Carnival Corp. Tuesday, June 27 Notable data: Consumer Price Index, CFIB Business Barometer, U.S. Durable Goods Orders, S&P Co...

U.S. stocks notched the worst week since March as anxiety rose that central banks will have to ratchet interest rates higher to tamp down inflation. Bonds rallied on bets that excessive tightening will bring on sharp economic downturns. The S&P 500 Index e...

Canada's main stock index dropped on Friday as the price of oil stayed below US$70 a barrel and losses in the base metal and battery metal stocks weighed on the Toronto market. The S&P/TSX Composite Index was down 162.67 points, or 0.83 per cent, at 19,418...

Author's views are wrong, often inconsistent and ultimately a threat to principles of press freedom, writes Terence Corcoran A sure indicator that an anti-capitalism author is about to drive his ideological semi-trailer off the highway and into...

Market failure? Advocates of industrial policy need to worry about government failure Ginormous subsidies to clean-energy companies, whose owners will be enriched at the expense of other industries and taxpayers, are the latest example of misdi...

Economists predict another 25 basis point hike as early as July before increases stop completely The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping its tightening cycle, economists said....

Bond yields climbed after major central banks warned about the potential for more interest-rate hikes, with officials signaling they’re nowhere near ready to declare victory over inflation. Treasury two-year yields hit the highest since March as Jerome Pow...

Canada's main stock index was down more than 100 points Thursday as the price of oil weakened energy stocks amid weakness in base metals and financials, while U.S. markets were mixed.   The S&P/TSX Composite Index was down 125.05 points, or 0.63 per cent,...

Michael Decter, chief executive officer and chief investment officer, LDIC Inc. FOCUS: North American large caps  MARKET OUTLOOK: We expect equity markets to remain volatile. There will be sector rotation and narrow markets until the U.S. Federal R...