Category: Uncategorized

Short sellers have placed record bets against the US stock market, according to a new analysis from S3 Partners. The financial data firm says its measure of short interest in US stocks has hit record levels. While shorting is a natural hedging strategy among bullish investors, increased bets on a decline in US stocks aligns…

For more coverage on Trump’s tariffs, click here: When U.S. President Donald Trump announced a new 50 per cent tariff on most Canadian goods, one of the issues he cited as a “retaliatory and discriminatory” measure was the prohibition on the sale of American-made alcohol in many provinces. But how did booze become a battleground…

Oil prices gained ground as U.S. – Iran fighting continued. There are no signs indicating that U.S. and Iran are ready to get back to negotiations. The situation may escalate as Yemen’s Houthis have recently announced that they imposed a maritime blockade on Saudi Arabian ports. At this point, Houthis have not attacked any vessels.…

As we approach Tesla’s (TSLA) Q2 earnings on July 22, Tesla shareholders are waiting for an update on a product that is likely to drive the company’s bull thesis in the future. While the focus has been on the deliveries and production numbers over the past decade, it is slowly shifting to a product CEO…

Photo by geralt on Pixabay This pharma giant is grabbing headlines, but its real value for your portfolio lies in how it moves on the market’s worst days. AbbVie (ABBV) stock is one of the few bright spots in a falling market, climbing 2.9% over the past five trading days even as the S&P 500…

Young and inexperienced investors often find themselves receiving some version of the same advice: just buy the market. Indeed, market luminaries from Warren Buffett on down advise that young people looking to accumulate long-term wealth should own low-cost mutual funds or exchange-traded funds that track a broad stock market index. The thinking here is straightforward:…

Warren Buffett says Bill Gates knew Gates Foundation would receive no more donations, says he ‘made mistakes’ over Epstein and trusts his children with his fortune Warren Buffett has confirmed that the Bill & Melinda Gates Foundation will no longer receive any future donations from him, ending a philanthropic partnership that lasted more than two…

El Niño is poised to cause the next big inflationary shock to the global economy, Deutsche Bank says. In a note to clients on Monday, the bank warned that a particularly intense warming phenomenon in the Pacific Ocean could be on the way this year. When paired with other existing inflationary forces, the weather event…

President Trump is setting the stage for a potential new trade war with Canada, announcing 50% tariffs levied against a wide variety of imports from our neighbors to the north. They come into effect Aug. 19. Trump used Section 338 of the Tariff Act of 1930 to invoke the tariffs — a move that no…

Inflation slowed by more than expected in the latest reading on Wednesday (22 July) – but experts don’t think that interest rates will follow this year. The consumer prices index (CPI) measure of inflation hit 2.6 per cent in the year to June, down from 2.8 per cent a month earlier. Most economists had expected…