David Rosenberg: Canada is in economic decay. Prepare for BoC rate cuts and big returns in this asset class. There may be lies, damned lies, and statistics as Mark Twain […]
Category: Uncategorized
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AltaGas to raise quarterly dividend for 2024 as company expects earnings to grow
AltaGas Ltd. ALA-T +0.51%increase is raising its dividend as it says it expects its earnings to grow next year, helped by its core operations. The energy infrastructure company says it will pay a […]
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Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021
Job openings openings totaled 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday in its monthly JOLTS report. That was the lowest total […]
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Gold soars past $2,100 to new record — and analysts don’t expect it to stop there
Spot gold prices rose to a new record high of $2,110.8 per ounce Monday before giving up some gains. Prices of the yellow metal have risen for two consecutive months […]
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Canada GDP Shrinks 1.1% in 3Q
Dow Jones 30 November, 2023 | 12:23PM OTTAWA–Canada’s economy contracted sharply in the latest quarter, a further sign of lackluster activity that looks set to anchor expectations the central bank […]
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Fed Chair Jerome Powell Calls Rate Cut Speculation ‘Premature’
While forecasts suggest the U.S. central bank could start cutting interest rates as soon as March, Federal Reserve Chair Jerome Powell called such speculation “premature” during remarks at Spelman College […]
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Calendar: Dec 4 – Dec 8
Monday December 4 Germany trade surplus (10 a.m. ET) U.S. factory orders for October. The Street is projecting a decline of 2.7 per cent from September. Earnings include: Nio Inc. […]
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Big Six banks boosted year-end bonus payments across the board
Half of Canada’s six biggest banks reported higher profits for their 2023 fiscal year and half saw profits sink, but year-end bonus payments were consistent: They were boosted across the board. While […]
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Dec 1 , 2023: ‘Struggling to grow’: Canada’s economy shrinks in third quarter amid higher interest rates
In a sharp contrast to the robust growth in the United States, the Canadian economy tumbled over the summer as export shipments waned and consumer spending flattened, signs of a continuing malaise […]