Daily News

Source: Financialpost November 15, 2023

Opinion: Alberta’s case for taking half CPP’s assets

Since reform of the Canada Pension Plan in the 1990s, Alberta has made more than half of net contributions. That should be its shareBy Travis Toews We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other v...

Source: Financialpost November 15, 2023

William Watson: Alberta should take a 'random' walk out of the CPP

Leaving the Canada Pension Plan isn't unpatriotic but a province should have good reason for going. To pursue hands-off, barebones investing is oneIf you and I opened a joint savings account and, after a few years, one of us decided to pull out, the division...

Source: Financialpost November 15, 2023

David Rosenberg: Canada's menacing mortgage math means crisis looming

Bank of Canada will need to cut rates to prevent slowdown from becoming a meltdownBy Dylan Smith We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. David Rosenberg: Canada's m...

Source: BNN Bloomberg November 14, 2023

Markets today: Stock traders sitting on their hands before CPI

Stocks, bonds and the dollar saw small moves on Monday, with traders awaiting the latest inflation figures, remarks from Federal Reserve speakers and results from giant retailers. In a thin trading session, the S&P 500 hovered near its key 4,400 mark. The...

Source: BNN Bloomberg November 14, 2023

​U.S. bond auction 'a disaster' following cyberattack on world's largest bank: fixed income expert

A cyberattack on the world’s biggest bank in China caused liquidity issues in U.S. Treasuries, and fixed income experts suspect it was the cause of a weak bond market auction.   The Industrial and Commercial Bank of China Ltd. (ICBC) confirmed on Nov. 9 that...

Source: BNN Bloomberg November 14, 2023

​Expert picks video game stocks positioned for a rebound

Video game stocks have fallen since their peak during the COVID-19 pandemic lockdowns, but one investment expert says the sector is positioned for a comeback.    Nick McKay, vice president of equity research at Wedbush Securities, told BNN Bloomberg on Monda...

Source: BNN Bloomberg November 14, 2023

Sustainable funds see net outflows in Q3 for first time since 2020: Morningstar

Morningstar Inc. says sustainable investment funds saw $22.4 million in net outflows last quarter for the first dip in the segment since the second quarter of 2020.  The market research firm says the outflows weren't limited to sustainable funds as Canadia...

Source: BNN Bloomberg November 14, 2023

ICBC tells clients to reroute some trades after cyber issue

Industrial & Commercial Bank of China Ltd. was hit by a cyberattack that prevented it from clearing swathes of trades, forcing U.S. clients of the world's largest lender by assets to reroute transactions and leaving brokers and traders scrambling to assess th...

Market Call Source: BNN Bloomberg November 14, 2023

Brett Girard's Top Picks: November 13, 2023

Brett Girard, chief financial officer and portfolio manager at Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: This year, and in particular this quarter, the one constant has been volatility. Until a clearer pictur...

Source: BNN Bloomberg November 14, 2023

TSX recap: Tech, energy lifts Index to 0.28% gain

Canada's main stock index ticked higher on Monday, led by strength in tech and energy, while U.S. markets were mixed.  The week started quietly as investors continue to take stock of what’s being interpreted as somewhat more dovish commentary from central...