Daily News

The TSX composite sold off by 2.63 per cent on Monday to close at 19,742.56 points, bringing the Canadian index into correction territory -- meaning it’s down 10 per cent from its all-time high earlier this year. All 11 subgroups closed lower, led by healt...

Even after this year’s rapid selloff, equities are still not fully reflecting the vast risks facing corporate earnings and weaker consumer demand, according to strategists at Morgan Stanley and Goldman Sachs Group Inc. “The Equity Risk Premium does not ref...

Ross Healy, chairman, Strategic Analysis Corporation; portfolio manager, MacNicol and Associates Asset Management FOCUS: North American large-cap stocks MARKET OUTLOOK: We very recently entered a confirmed bear market in the U.S. While the Nasdaq h...

OTTAWA — The Bank of Canada Museum is honouring two outstanding educators with a new award that recognizes exemplary work in teaching students about the economy. Ms...

The cost of getting out of Canada hasn't been this expensive in years, yet Canadians appear willing to pay the price The cost of getting out of Canada hasn’t been this expensive in years, yet Canadians appear willing to pay the price....

All of a sudden, the market’s back in “good-news-is-bad-news” mode. Any positive readings on the economy, particularly those on employment and inflation, can be interpreted as signals that the Federal Reserve will have to stay aggressive with its rate hiking...

US stocks tumbled the most in three weeks and Treasury yields spiked higher after an unexpectedly hot reading in consumer prices fueled bets the Federal Reserve will have to step up its battle against inflation. The S&P 500 fell 2.9 per cent, closing out t...

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large-cap stocks MARKET OUTLOOK: The first stage of the sell-off in stocks (which took the S&P 500 down 20 per cent and the Nasdaq almost 30 per cent) was almost entire...

During his freshman year of college in 1996, Jordan Geller spent the money his parents  gave him for living expenses on a pair of sneakers – the highly coveted and newly released Air Jordan 11 OG 'Bred' shoes. “I was 23 when I bought my first pair of Jorda...

US stocks could drop another 30 per cent if spiking energy costs spark an economic contraction, according to Evercore ISI strategist Julian Emanuel.  Emanuel revised his 2022 target for the S&P 500 index to 4,300 from 4,800 but also outlined a more bearish...