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The recession that was widely predicted when the year began has only been postponed, some forecasters warn. The US is likely to contract at some point in the new year, runs the updated outlook. Maybe,...
US futures are pointing to a lower open as of 04:05 ET. European equity markets have opened lower, following mixed levels in Asian markets. No change in market drivers. Equity markets easing after...
Yesterday was a fairly uneventful day, with the S&P 500 falling roughly 20 bps. Meanwhile, the 2-year auction at 11:30 AM was fairly ugly, with the new issue tailing one bps, while indirect...
The 2023 holiday season is officially upon us, and already, records are being shattered. Black Friday deal-hunters in the U.S. shelled out $9.8 billion online, a 7.5% over last year, according to...
Can Bulls reach all time high? Happy Thanksgiving ! Despite the short week Nasdaq (QQQ) hit 52 week highs, the highest level since January 2022. Even tho Nvda did poorly the market manage to close...
The simple truth is that although the very best house in the very best neighborhood may get several offers the vast majority of homes are getting one or no offers, Real Estate is so SOW right now and...
Volatility, gauged by the Vix indicator, has seen a remarkable 41% decrease in the past four weeks, marking its ninth most significant drop within this historical timeframe. Meanwhile, managers are...
The Mastercard SpendingPulse data noted that black Friday shopping increased by 2.5% y/y, down sharply from a 12% y/y increase in 2022. When we think about this, adjusted for inflation, that would...
US futures are pointing to a slightly higher open as of 04:05 ET. European equity markets have opened slightly lower, following mixed levels in Asian markets. No change in the broader market...
Finance Minister Chrystia delivered the Fall Economic Update Tuesday. In this video, I'll cover the most important elements of the speech that affect all Canadians.Also on this episode, we'll look at...
This months inflation came in at 3.1%. Last month was 3.8%, this was a drop of 0.7% Peak inflation was 8.1%. The lowest reading we got this year was 2.8% in July.Here’s the change month over...
Today, I share how much money you to save and invest to become a millionaire at every age in Canada.I also share how much you need to save if you want to become a millionaire a lot faster and three...
US futures are pointing to a flat open as of 04:45 ET. European equity markets have opened higher, following mixed trading in Asian markets. Trading volumes notably lower over the Asian session. ECB...
It was a crazy weekend for OpenAI and ChatGPT, as co-founder Sam Altman was fired by the board of directors, and almost immediately hired by Satya Nadal at Microsoft (NASDAQ:MSFT). One of the pioneers...
The Mortgage Landscape in Canada is changing fast, everyone hated Variable Rates for the last 20 months now the number of people CHOOSING Variable Rate has increased 550% in just 6 weeks. RE Sales...