Daily News

Investors are flocking to cash and shunning almost every other asset class as they turn the most pessimistic since the global financial crisis, according to Bank of America Corp. strategists. Cash had inflows of US$30.3 billion, while global equity funds s...

Goldman Sachs Group Inc. slashed its year-end target for the S&P 500 Index to 3,600 from 4,300, arguing that a dramatic shift in the outlook for interest rates moving higher will weigh on valuations for US equities. The higher interest-rate scenario in Gol...

A group of unions representing more than 3 million employees said it’s “deeply concerned” that the Bank of Canada is encouraging companies to push down wages amid historic inflation that’s hurting workers. The Canadian Labour Congress, in a toughly worded...

Treasury yields hit multiyear highs and stocks fell as a parade of central banks joined the Federal Reserve in boosting rates to curb scorching levels of inflation at the expense of economic growth. Ten-year US yields hovered near 3.7 per cent, the highest...

Canada's main stock index was again under pressure after the latest Federal Reserve rate decision also pushed down U.S. stocks in a volatile trading session. The S&P/TSX Composite Index closed down 181.86 points, or 0.95 per cent, at 19,002.68.  In New...

Paul Gardner, partner and portfolio manager, Avenue Investment Management FOCUS: REITS, fixed income and dividend stocks MARKET OUTLOOK: 2022 will continue to be challenging. The economic environment is difficult, pivoting between out-of-control in...

Even as the Federal Reserve jacks up interest rates and sends technology stocks tumbling, it only gets harder to stay away from the sector.  On the one hand, there’s so much to like: The Nasdaq 100 Index is now 35 per cent cheaper than at its 2020 peak, me...

Nasdaq Inc. is stepping up scrutiny of initial public offerings by small-cap companies, according to people familiar with the matter, after a series of outsized gains by new listings that quickly evaporated.  The exchange is looking more closely at prospec...

Workers will reclaim a bigger piece of the pie, but will they be any better off than when wages were being suppressed? Record job vacancies show labour is about to take its revenge. Victory might be bittersweet. We apol...

Stocks saw some wild swings, with traders overwhelmed by the many headlines that followed the Federal Reserve decision and ended up signaling at least one thing: policy will remain aggressively tight -- making the odds of a soft landing look increasingly elus...