Daily News

Market Call Source: BNN Bloomberg January 09, 2024

Andrew Pink's Top Picks: January 8, 2024

Andrew Pink, portfolio manager at LDIC FOCUS: Canadian large caps, preferred shares and fixed-income MARKET OUTLOOK: What transpired in 2023? Market breadth was thin. Much of the broad market performance was driven by a small number of stocks and e...

Source: BNN Bloomberg January 09, 2024

TSX recap: Index defies energy weakness, climbs 0.66%

Canada's main stock index rose Monday despite losses in the energy sector, while U.S. markets also gained, led by a more than two per cent rise for the Nasdaq.  It was a strong start to the second week of the year, after last week saw Wall St. break the ni...

Source: Financialpost January 09, 2024

These are the big questions facing Canada's Big Six Banks in 2024

RBC holds CEO conference on Tuesday — the industry's first big event of the yearInterest rates, capital buffers and expense management are among the leading issues facing Canada’s biggest banks in 2024. But in the view of National Bank of Canada analyst Gabr...

Source: Financialpost January 09, 2024

iPhone survives 16,000-foot-fall from Alaska Airlines flight after mid-air blowout

Phone found in functioning condition, without a scratch by Portland roadsideAmong the harrowing details of the blown-off fuselage panel that triggered a sudden decompression event on Alaska Airlines Flight 1282, one revelation seemed to defy the laws of phys...

Source: Financialpost January 09, 2024

Elon Musk’s reported drug use puts Tesla board, investors in familiar position

Board members once again need to decide what to do with CEO subjecting shareholders to great financial, legal riskElon Musk’s reported drug use has Tesla Inc. board members facing a familiar quandary: having to decide what, if anything, to do about the chief...

Source: Financialpost January 09, 2024

Posthaste: For debt-laden Canadians this could be the darkness before the dawn

'Canadians could be approaching a crisis point both mentally and financially' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: For debt-laden Canadians this could...

Source: Financialpost January 09, 2024

Bad bet against Canada's housing market crushes hedge fund's returns

Small hedge fund betting on housing market crisis had double-digit loss last yearA small hedge fund betting on a Canadian housing market crisis had a double-digit loss last year as property prices held up and bank shares rebounded on optimism about a soft la...

Source: Financialpost January 09, 2024

Housing market faces 'turning point' with Bank of Canada rate cuts this year

Market starting to turn around, economists sayAfter a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024. We apologize, but this video ha...

Source: Financialpost January 08, 2024

What to expect from the Canadian economy, housing market, stocks and more in 2024

Watch: 10 experts speak to FP Video about what's in store this yearWhat can Canadians expect from the economy, real estate, stock market, oil prices, trade and more in the year ahead? FP Video spoke with 10 experts to find out. Watch all the interviews below...

Source: Financialpost January 07, 2024

What's behind oil's 'unrelenting declines'

Watch Commodity Context founder Rory Johnston on the headwinds facing energy marketsRory Johnston, Founder of Commodity Context, talks with Financial Post’s Larysa Harapyn about the headwinds facing energy markets and what the new year might hold. We...