Daily News

Source: BNN Bloomberg July 03, 2024

BlackRock, BNP see plenty of AI fuel left to drive equity rally

The artificial intelligence frenzy is nowhere near finished driving global equities to record highs, according to money managers interviewed by Bloomberg News. Investors and market strategists at major firms including BlackRock Inc. and BNP Paribas Asset M...

Source: BNN Bloomberg July 03, 2024

Markets today: S&P 500 rises toward all-time high as Tesla up 9 per cent

  Wall Street traders sent stocks to all-time highs as bond yields fell, with traders looking at prospects for U.S. Federal Reserve rate cuts after Jerome Powell cited signals the U.S. is back on a disinflationary path. For the first time in its history...

Market Call Source: BNN Bloomberg July 03, 2024

David Driscoll's Top Picks: July 2, 2024

David Driscoll, president and CEO, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: The markets are currently priced to perfection. If a company misses either or both of its revenues or profits, its stock price can...

Source: Financialpost July 03, 2024

Canada's income tax regime is confusing even to experts and a review is long overdue

Kim Moody: Canadians have a chance to push for a change in our unnecessarily complex income tax systemReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through lin...

Source: Financialpost July 03, 2024

Constellation executive sold $102.6 million in stock ahead of capital gains tax changes

Tech firm's stock has climbed about 220% since the end of 2019Canadian technology firm Constellation Software Inc. saw a surge in insider selling in June, driven by a senior executive’s move to unload $102.6 million of shares ahead of a hike to the nation’s...

Source: Financialpost July 03, 2024

Joe Oliver: Scientific method counters climate alarmism

A submission to the Hague Court by three distinguished U.S. scientists challenges the basic premises of net-zero policies targeting CO2An expert opinion, submitted pro bono last November to the Hague Court of Appeals by three eminent American scientists, pre...

Source: Financialpost July 03, 2024

Posthaste: How Alberta is on track to become a nation-beater again 

Oil production set for strongest year since 2018, say economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: How Alberta is on track to become a nation-beater ag...

Source: Financialpost July 02, 2024

Interest rate cuts won't fix Canada's housing affordability crisis

Haider-Moranis: The only solution is to build new homesBy Murtaza Haider and Stephen Moranis We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Interest rate cuts won't fix Canad...

Source: Financialpost July 01, 2024

What a billion-dollar portfolio manager thinks about fixed income

Sandy Liang: In the post-pandemic years, it has not been fun to be a bond manager, at least for the traditional onesBy Sandy Liang We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team....

Source: Financialpost July 01, 2024

Has Canada become the land of extreme inequality? Some believe it more than others

A whopping 38 per cent now see Canada with the most extreme level of inequality, a 19 percentage point increase in five yearsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from pur...