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Economy Source: Financialpost July 25, 2023

Bank of Canada seen holding rates at 5% as economy avoids hard landing

Economists see no chance of recession this year Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates at a 22-year high. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe no...

Source: Bankofcanada July 24, 2023

Market Participants Survey—Second Quarter of 2023

Results of the second-quarter 2023 survey conducted from June 8 to 19, 2023. The Market Participants Survey results are based on questionnaire responses from about...

Source: Financialpost July 24, 2023

Stock market's 2023 surge faces Fed test even as profits improve

US stocks are approaching a record high and the outlook for Corporate America is only expected to brighten. Now investors are waiting to see if the Federal Reserve derails the market’s bull run. United States stocks are approaching a record hig...

Source: Financialpost July 24, 2023

Canadian stocks offer compelling opportunity: Morgan Stanley

Watch: Stu Morrow on why Canadian investors might want to shift money from the U.S. market back home Stu Morrow, chief investment strategist at Morgan Stanley Wealth Management Canada, talks with the Financial Post’s Larysa Harapyn about the op...

Source: Financialpost July 24, 2023

Bank of Canada should stop hiking interest rates now: Benjamin Tal

Watch: CIBC deputy chief economist says more rate hikes will cause a recession Benjamin Tal, deputy chief economist at CIBC, talks with the Financial Post’s Larysa Harapyn about the latest inflation data, the impact on the Bank of Canada‘s next...

Source: Financialpost July 23, 2023

Howard Levitt: Are your employees really working or are they delegating to ChatGPT?

AI poses risks to employers Companies across Canada are rushing to bring artificial intelligence into their workflows. But what risks does AI pose to employers and what should they do to protect themselves? THIS CONTENT IS RESERVED FOR...

Source: Financialpost July 23, 2023

Immigration to boost luxury home prices amid low supply

Watch: Sotheby's Don Kottick on why the luxury real estate market has started to diverge in major cities Don Kottick, chief executive of Sotheby’s International Realty Canada, talks with the Financial Post’s Larysa Harapyn about the state of th...

Source: BNN Bloomberg July 22, 2023

We're at the beginning stages of this tech rally: Expert

One investment professional says we're just at the beginning of the tech market rally, and he suggests investors look at big and small tech names to pad out their portfolios.                   Eric Jackson, founder and president of EMJ Capital, told BNN Blo...

Source: BNN Bloomberg July 22, 2023

The Week Ahead: Loblaw earnings; Canada GDP

Monday, July 24 Notable earnings: Domino’s Pizza, Whirlpool Tuesday, July 25 Notable earnings: First Quantum Minerals, CN Rail, Kimberly Clark, General Motors, Xerox, General Electric, Verizon, Dow Inc., 3M, Biogen, Snap Inc., Waste Managemen...

Source: BNN Bloomberg July 22, 2023

U.S. tech rises with eyes on earnings in week ahead

U.S. technology stocks staged a rebound on Friday as investors looked to earnings in the week ahead after a disappointing batch of results earlier this week. The Nasdaq 100 gained 0.3 per cent in afternoon trading, clawing back the tech-heavy index’s sharp...