CI Financial Corp. (“CI”) (TSX:CIX.TO) today released financial results for the quarter ended December 31, 2022.“CI’s strong performance during an extended period of financial market volatility reflects the continued successful […]
Author: Consultant
Oil drops 3% as high inflation risks stoke demand worries
Oil prices fell by $2 per barrel to their lowest in two weeks on Wednesday, as investors became more concerned that recent economic data will mean more aggressive interest rate increases by central […]
Oil prices recoup weekly losses on the prospect of tighter supply
Oil prices rose on Friday and were close to trading positive for the week as the prospect of deeper-than-expected cuts in Russian supplies largely offset concerns that rising interest rates […]
Oil Prices Crash After Perky Jobs Data
By Julianne Geiger – Feb 03, 2023, 12:19 PM CSTCrude oil prices fell on Friday afternoon following reports of strong U.S. jobs data, with WTI crashing by more than 2.5% to $73.88The […]
What The Business Cycles Tell Us About Oil Prices
Growth cycles in the global economy are incredibly important for commodities markets in general, and oil an gas prices in specific. According to the Kitchin cycle, the current slowdown in […]
Seven Canadian companies make FT’s list of ‘debt monsters’ that have bond markets fretting
Compiled by the U.K.-based Financial Times and dubbed the “debt monsters in the downturn,” the report lists just over 200 companies and includes Canadian miners Iamgold Corp., New Gold Inc. […]
Dangerous Canadian Stocks to Avoid
This April 1st, don’t pull a prank on your portfolio with these silly stocks.we’d help you spot stocks that could end up pranking your portfolio. Using Morningstar® CPMS™, I came […]
Canadian Banks to Profit from Rising Rates
With Canada’s inflation at a 30-year high, the Bank of Canada is under pressure to take steps to bring it under control. One of the key levers in a central bank’s […]
Loblaw earns $529M in Q4 profits as Canadians struggle with rising food prices
Loblaw Companies Ltd.’s fourth-quarter results beat analysts’ expectations on Thursday as the Canadian retailer was boosted by its pharmacy business and a continued demand for groceries.The company says it earned […]