Description: David Rosenberg took Breakfast with Dave on the road with a live event in Toronto hosted by Rosenberg Research in partnership with the Financial Post. The Year of the Rabbit: Hopping out of the Hole! took an in-depth look into the global financial markets and the economic outlook for 2023. Source: Yahoo.Finance.com/FinancialPost.com Date: Jan 19,… Read more »
Posts Categorized: Financial analysis
Annual Silicon Valley Bank Report Paints Sober Picture For Wine
Description: A trend called Neo-Prohibitionism combined with less wine consumption by younger generations has left baby boomers as the wine industry’s sole BFFs. Those are three main takeaways from a sobering analysis of U.S. wine consumption by the wine division of Silicon Valley Bank (SVB). Source: Mediapost.com Date: Jan 19, 2023 Link: https://www.mediapost.com/publications/article/381730/annual-silicon-valley-bank-report-paints-sober-pic.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=129003&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for… Read more »
Why Salesforce layoffs may actually be a problem for the stock
Description: In the wake of Salesforce’s (CRM) mass layoff announcement last week, Wall Street may have overlooked one key element in its haste to predict better profit margins from the tech giant. Source: Yahoo.Finance.com – video report Date: Jan 11, 2023 Link: https://ca.finance.yahoo.com/news/why-salesforce-layoffs-may-actually-be-a-problem-for-the-stock-190153289.html Questions for discussion: What is the concern about the layoffs? Do you agree… Read more »
Swiss central bank posts biggest loss in its 116-year history
Description: The Swiss National Bank on Monday reported a loss of 132 billion Swiss francs ($143 billion) for the 2022 financial year, citing preliminary figures. It represents the biggest loss in the central bank’s 116-year history and equates to roughly 18% of Switzerland’s projected gross domestic product of 744.5 billion Swiss francs. Its previous record loss was… Read more »
People are leaving Canada’s biggest cities amid a housing crunch
Description: Canada’s largest cities are getting bigger and more expensive, forcing hundreds of thousands of people to search for affordable housing elsewhere.Toronto, the country’s biggest urban center, saw nearly 100,000 people leave the area, with 78 per cent choosing to settle in other parts of the province over a one-year period to July 1, according… Read more »
How health insurance may have made health care more expensive
Description: Widespread medical debt is a uniquely American problem. Roughly 40% of U.S. adults have at least $250 in medical debt, according to a survey conducted by Kaiser Family Foundation. Source: CNBC.com – video report Date: Jan 08, 2023 Link: https://www.cnbc.com/2023/01/08/how-health-insurance-may-have-made-health-care-more-expensive.html Questions for discussion: What is the explanation presented in this report for higher health care… Read more »
The Fed delivered a message to the stock market: Big rallies will prolong pain
Description: The proverbial Fed put is officially dead and gone: strategist Source: MarketWatch.com Date: Jan 06, 2023 Link: https://www.marketwatch.com/story/why-the-fed-doesnt-like-stock-market-rallies-11672945830 Questions for discussion: What does the article say is going on in the stock market and the role played by the Fed? Do you think the Fed is behaving wisely? Do you think there is a… Read more »
Amazon says it will cut over 18,000 jobs, more than initially planned
Description: Amazon said Wednesday it will cut more than 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. Source: CNBC.com – video report Date: Jan 04, 2023 Link: https://www.cnbc.com/2023/01/04/amazon-says-it-will-cut-over-18000-jobs-more-than-initially-planned.html?qsearchterm=amazon Questions for discussion: What does the report say about the job cuts and the reasons given? What do you believe… Read more »
What did Tesla’s stock plunge cost S&P 500 investors last year? Billions and billions
Description: A lot of retail investors are getting a good laugh from watching the impact that the huge decline in Tesla’s (TSLA) share price is having on CEO Elon Musk, who was the world’s richest person before Tesla started tanking. Source: Yahoo.Finance.com – video report Date: Jan 07, 2023 Link: https://finance.yahoo.com/news/what-did-teslas-stock-plunge-cost-sp-500-investors-last-year-billions-and-billions-135118666.html Questions for discussion: What does the… Read more »
CES: Made-in-Canada Project Arrow unveiled
Description: A made-in-Canada electric vehicle concept car was unveiled to the world on Thursday. Project Arrow was showcased at the Consumer Electronic Show (CES) tech conference in Las Vegas, after smaller-scale previews in Canada last year. Source: BNNBloomberg.ca – video report Date: Jan 07, 2023 Link: https://www.bnnbloomberg.ca/ces-made-in-canada-project-arrow-unveiled-1.1866140 Questions for discussion: Summarize the analysis of the… Read more »
