Description: Loonie fell to near 75 cents US on Friday and analyst says it could go as low as 73 cents US soon Source: CBC.ca Date: Sep 16, 2022 Link: https://www.cbc.ca/news/business/canadian-dollar-1.6585291 Questions for discussion: Why is the Canadian dollar declining in terms of the US dollar but rising against other currencies? What should investors do… Read more »
Posts Categorized: Economic Analysis
Inflation is ‘nowhere near’ the Fed’s goal, strategist says
Description: New York Life Investments Economist and Portfolio Strategist Lauren Goodwin joins Yahoo Finance Live to discuss the August CPI report, inflation, the likeliness of a 75-basis-point rate hike, volatility, and the expectations for the Fed’s upcoming FOMC meeting. Source: YahooFinance.com – video report Date: Sep 14, 2022 Link: https://finance.yahoo.com/video/inflation-nowhere-near-fed-goal-140441438.html?.tsrc=fin-srch Questions for discussion: Summarize the… Read more »
Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit
Description: After that CPI shock earlier in the week, Wall Street is fielding a fresh batch of data on Thursday, with the headline retail sales number coming in stronger than expected. And a disastrous rail strike may be inverted. Source: MarketWatch.com Date: Sep 06, 2022 Link: https://www.marketwatch.com/story/ray-dalio-says-watch-out-for-rates-hitting-this-level-because-wall-street-stocks-will-take-a-20-hit-11663239288?siteid=yhoof2 Questions for discussion: What is the basis for… Read more »
$20 billion Figma deal is a historic coup for startup investors in an otherwise miserable year
Description: Adobe is paying 2021 prices. It’s 2022. Wall Street hates it. Silicon Valley is thrilled. Source: CNBC.com – video report Date: Sep 15, 2022 Link: https://www.cnbc.com/2022/09/15/figma-investors-score-historic-coup-with-adobe-deal-in-down-year-.html Questions for discussion: Why does Wall Street hate this deal? Do you think it was a good one for both company’s shareholders?
David Rosenberg: A Canadian recession is ‘all but set in stone’
Description: As the COVID-19 pandemic ramped up in early 2020, leading to widespread lockdowns and a plunge in economic activity, the Canadian government, like virtually all its peers, flooded households with extra cash to supplement cascading income. As a result, even though employee compensation fell 9.2 per cent, a whopping 30.5 per cent surge in… Read more »
Hits and Misses of the Fed’s Inflation Strategy
Description: The Federal Reserve deserves credit for saving the U.S. economy from a financial crisis with its initial response to the pandemic, but it continued injecting liquidity well beyond the point that markets exhibited any signs of illiquidity, said Wharton professor of international banking and finance Richard J. Herring on Wharton Business Daily on SiriusXM. (Listen to the… Read more »
TSX stocks: Energy sector to shield Canada’s main index from Euro, U.K. weakness
Description: Oil, natural gas and renewable power producers will boost Canada’s energy-heavy benchmark stock index, as economic weakness in Europe and the U.K. weighs on this country’s technology and industrial shares. Source: YahooFinance.com – video report Date: Sep 08, 2022 Link: https://ca.finance.yahoo.com/news/tsx-stocks-economic-pain-in-uk-europe-likely-to-be-slightly-positive-153007136.html Questions for discussion: What does the report say about the performance of the… Read more »
Burger King unveils $400 million plan to revive U.S. sales with investments in renovations and advertising
Description: Burger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy to revive lagging U.S. sales. Source: CNBC.com Date: Sep 09, 2022 Link: https://www.cnbc.com/2022/09/09/burger-king-400-million-plan-to-revive-us-sales-with-remodels-advertising.html Questions for discussion: Summarize the highlights for the future. What do you think… Read more »
Why the Housing Market Is Not in Recession
Description: Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Source: https://knowledge.wharton.upenn.edu Date: Sep 06, 2022 Link: https://knowledge.wharton.upenn.edu/article/why-the-housing-market-is-not-in-recession/ Questions for discussion: What does the article say is happening in the real estate industry? Why is this industry so important to understanding the economy? How are business decisions affected by changes… Read more »
If you need one more reason why stocks will likely lose money in September, here it is.
Description: Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Source: MarketWatch.com – video report Date: Sep 03, 2022 Link: https://www.marketwatch.com/story/if-you-need-one-more-reason-why-stocks-will-likely-lose-money-in-september-here-it-is-11662108548?mod=home-page Questions for discussion: What does the report say are the reasons for the prediction of a poor September stock… Read more »
