Daily News

US stocks fell for the third consecutive day as fresh data pointed to resilience in household and labor demand, affirming the Federal Reserve’s resolve to continue to be aggressive in its fight against inflation. Commodities from oil to copper sank as the dol...

North American stock markets declined for a third straight trading session Tuesday, as the fallout from a surprisingly hawkish speech last week by the chair of the U.S. Federal Reserve continued.  In a high-profile speech in Jackson Hole, Wyo. last Friday,...

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities MARKET OUTLOOK: Our team is actively monitoring incoming macroeconomic data and a multitude of indicators across stock, bond, currency, commodity...

Bonds are sliding toward the first bear market in a generation, burning investors who erred in bets that central banks would pivot away from rapid interest-rate hikes. The Bloomberg Global Aggregate Index, which tracks total returns from investment-grade g...

It’s easy to be an optimist when sailing is smooth. The real test comes when things get rough. That’s where true-believer bulls find themselves as momentum reverses in equity markets, with pro-stock arguments based on everything from valuations to financia...

Statistics Canada estimates GDP shrank 0.1% in July Canada’s economy grew in the second quarter, but momentum is slowing as the Bank of Canada’s aggressive interest-rate hikes take some of the heat out of the economy. We ap...

Central bank has been using social media to engage the public on the economy OTTAWA — As the Bank of Canada tries to rein in red hot inflation, the central bank is engaging in another fight: one against misinformation. We apolo...

US stocks and Treasuries fell again Monday as the realization that interest rates are likely to remain elevated for an extended period continued to force a repricing across assets.  The S&P 500 and the Nasdaq 100 dropped a second day, adding to the rout th...

A slump in capital-markets activity and expectations that the economy may take a turn for the worse are casting a pall over a Canadian bank earnings season that showed the lenders’ core businesses in otherwise solid shape. Five of Canada’s six largest bank...

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and European large caps MARKET OUTLOOK: The bear market so far has all been mostly multiple contraction. The S&P 500 price-to-earnings has gone from 2...