Daily News

Market Call Source: BNN Bloomberg January 12, 2023

Gordon Reid's Top Picks: January 11, 2023

Gordon Reid, president and chief executive officer, Goodreid Investment Counsel    FOCUS: U.S. equities   MARKET OUTLOOK: Investors worldwide were bloodied in 2022, the result of central bankers raising interest rates in an effort to tame inflation...

Source: Financialpost January 12, 2023

People are leaving Canada's biggest cities amid a housing crunch

Cities getting bigger, more expensive, forcing hundreds of thousands to search for affordable housing elsewhere Canada’s largest cities are getting bigger and more expensive, forcing hundreds of thousands of people to search for affordable hous...

Source: Financialpost January 12, 2023

Canadian bank stocks' reputation for outperformance takes a beating

After a string of lacklustre results, investors may be rethinking their blind faith in the sector Canadian bank stocks have earned a reputation for being outperformers over the years, but a string of lacklustre showings may have some investors...

Source: Financialpost January 12, 2023

Posthaste: Housing market bottom is within sight, TD says

Declines in home prices and sales expected to hit a floor in first few months of the year Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through li...

Economy Source: Financialpost January 12, 2023

Brett House: Canada's greying economy needs more employee ownership

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Add retiring entr...

Source: BNN Bloomberg January 11, 2023

U.S. stocks bounce back with brewing optimism over CPI

Stocks rose on bets the upcoming consumer price index will show further softening, which could help build the case for the Federal Reserve to slow its pace of rate hikes — even as some officials say it’s too early to declare victory over inflation. Sign...

Source: BNN Bloomberg January 11, 2023

TSX recap: Index finished slightly higher amid mixed subgroup results

Canada's main stock index eked out a small gain Tuesday with mixed results among sectors, while U.S. markets were also up. The S&P/TSX Composite Index was up 41.79 points, or 0.21 per cent, at 19,898.86. In New York, the Dow Jones Industrial Average was...

Source: BNN Bloomberg January 11, 2023

Investors should assess quality of stocks in difficult economy: Advisor

In the midst of a volatile economic environment, one U.S.-based investment advisor is pushing clients towards an active, factor-based approach to investing that looks at the quality of stocks rather than focusing on broad sectors. Liz Ann Sonders, chief in...

Source: BNN Bloomberg January 11, 2023

JPMorgan survey names favourite internet stock for 2023

Meta Platforms Inc. is expected to be the top-performing megacap internet stock this year, according to a JPMorgan survey of investors, suggesting a rebound for the Facebook parent after its worst year on record. According to the survey, 41 per cent of res...

Market Call Source: BNN Bloomberg January 11, 2023

Zach Curry's Top Picks: January 10, 2023

Zach Curry, director and portfolio manager, Greenrock Capital Partners FOCUS: North American large caps  MARKET OUTLOOK: From an overall economic point of view, while inflation remains at elevated levels compared to the previous decade, we think it...