Daily News

Source: BNN Bloomberg April 21, 2022

Traders now banking on back-to-back jumbo rate hikes in Canada

The Bank of Canada will likely deliver a repeat of last week’s jumbo rate hike at its next policy decision, according to market pricing.   Trading in overnight swaps show investors are now fully pricing in a second 50-basis-point increase at the central ba...

Source: BNN Bloomberg April 20, 2022

U.S. stock rally stretches from big tech to small caps

U.S. stocks gained in a broad-based rally as investors weighed the resilience of the economy against prospects for aggressive policy action to curb inflation. Treasury yields climbed across the curve, while oil fell on demand concerns. The S&P 500 bounced...

Source: BNN Bloomberg April 20, 2022

Time is right to buy both growth and value stocks, JPMorgan says

Runaway commodity prices, diverging global central bank policy and the recent stock market selloff have created a unique buying opportunity for growth and value stocks, according to JPMorgan Chase & Co.’s strategist Marko Kolanovic.  “Both sentiment and po...

Market Call Source: BNN Bloomberg April 20, 2022

Kim Bolton's Top Picks: April 19, 2022

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks MARKET OUTLOOK: There has been no shortage of market volatility in 2022. The 200-day moving average is typically considered a major trendline for the S&P...

Source: BNN Bloomberg April 20, 2022

Disney, Roku drop as Netflix stuns with falling customers

Streaming stocks were rocked late Tuesday after Netflix Inc. reported its first customer decline in more than a decade, stoking investors’ fears that a reopening economy will cripple these companies. Roku Inc. dropped as much as 8.3 per cent in extended tr...

FP Economy Source: Financialpost April 20, 2022

Canada's inflation rate comes in much hotter than expected

Highest since January 1991 Canada’s main inflation gauge surged the most in more than 31 years in March. Here’s what you need to know. We apologize, but this video has failed to load. Try refreshing your browser, ortap here...

Market Call Source: BNN Bloomberg April 19, 2022

Brendan Caldwell's Top Picks: March 30, 2022

Brendan Caldwell, president and chief executive officer, Caldwell Investment Management FOCUS: North American large cap stocks MARKET OUTLOOK: Making predictions about the future is difficult in the best of times and especially challenging in the c...

Source: BNN Bloomberg April 19, 2022

Stocks sink to first quarterly loss in two years

U.S. stocks tumbled into the close, wrapping up their first losing quarter since the pandemic bear market, as Treasuries also pared the worst losses in at least five decades.  Moves in most financial markets were muted on the final day of a quarter that br...

Market Call Source: BNN Bloomberg April 19, 2022

Jason Mann's Top Picks: March 31, 2022

Jason Mann, co-founder and chief investment officer at EHP Funds FOCUS: North American equities MARKET OUTLOOK: It’s been a volatile quarter for markets overall with the double whammy of a hawkish U.S. Fed, and the invasion of Ukraine. Bond markets h...

Source: BNN Bloomberg April 19, 2022

Bond yields surge as jobs bolster rate-hike bets

U.S. equities advanced in the final minutes of trading and Treasury yields surged Friday as a solid U.S. jobs report buttressed the Federal Reserve’s case to use aggressive interest-rate hikes to tackle inflation. The S&P 500 ended higher after earlier flu...