Markets’ Start Best In 25 Years
As January goes, so goes the rest of the year for stocks. But analysts suggest investors ditch that adage, even amid the current rally, because this isn’t your average year.
Bipartisanship Tax Deal Boosts Spirits But A Doomsday Scenario Lurks Nearby
The ultimate success of the tax treaty agreed to by President Barack Obama and his opponents in the Republican Party will depend on their new-found spirit of bipartisanship extending to far more difficult negotiations over narrowing the alarming U.S. budget deficit.
Stocks Recoup Some Of Steep Losses
Caught up in a tailspin of European banking woes, the spectre of Greek default and falling commodity prices as global demand falters, North American markets sunk on open Tuesday morning: the S&P 500 slipped into bear territory and the TSX hit a 20-month low.
Sell-Off Brings TSX To Year Low
Worse-than-expected economic data from China, Europe and North America piled on top of disappointment with the U.S. Federal Reserve’s latest attempt to stimulate the economy, weighing down markets in Toronto and the U.S. to their lowest points in more than a year.
Roller Coaster Week Ends Almost Where It Began
From the close of market last Friday until now, U.S. stocks have been virtually flat, retracing almost all of the losses suffered after the historic downgrade of U.S. debt. To have such a volatile session, to virtually no net effect, underlines the confusion and emotion infecting markets right now.
Protect Your Profit
The way things have gone so far in September with weak economic figures in Canada, endless debt problems in the United States and mounting chaos in the eurozone, it appears the traditionally weak fall season is quickly shaping up to be a nexus of pain that investors will want to avoid.
Canadian Bonds World-Beaters But Still Risky
The stock market plunge of the past two weeks and the U.S. debt ceiling debate that preceded it has prompted a flock of investors to swoop into Canada’s bond market.
Salvation In Corporate Earnings
FP INVESTING THIS WEEKEND: Can corporate earnings keep up the good work? A look at why Canadian stocks are sinking, the best way to buy Canadian bonds, and what to buy now that stocks are on sale.
U.S. Corporate Results Bode Well For Canadian Earnings Season
North American markets managed to grind out steady gains last week despite political brinkmanship on both sides of the Atlantic. This week, with the debt crises in both Europe and the U.S. inching closer to resolution, investors may re-set their sights on economic data and corporate fundamentals.
Sino-Forest Sinks After Denying Short Seller’s Accusations
Sino-Forest Corp., whose largest shareholder is hedge fund Paulson & Co., plunged a second day after a short seller said the forestry company overstated timberland holdings and production, an allegation it.