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Poll finds more than 40% don't trust bank to get job done Inflation has soared to a near 40-year high, but Canadians’ confidence that the Bank of Canada will be able to rein it in is shaky, according to a new poll. We apolo...

US stocks slumped after Federal Reserve Chair Jerome Powell reiterated his commitment to curb inflation and acknowledged the risk of recession, even as some traders now expect the central bank to closely monitor the impact of its rate hikes on the economy....

Brookfield Asset Management Inc. is single-handedly propping up the Canadian market for mergers and acquisitions, accounting for almost a third of the country’s deals this year and providing all the growth that has led the nation to outperform the US. Toro...

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks MARKET OUTLOOK: Global stock markets have taken a pounding in the first half of 2022! It’s now hitting new lows due to Federal Reserve Chairman Jerome Pow...

Equities have yet to fully price in the risk of a recession and may have further to fall, according to Morgan Stanley and Goldman Sachs Group Inc. strategists. Although this year’s slump in US stocks has left them more fairly priced, the S&P 500 Index need...

Crypto bears who reckon the meltdown across digital currencies isn’t done yet are getting a new tool to bet on fresh declines. The ProShares Short Bitcoin Strategy ETF (ticker BITI) launches Tuesday, becoming the first inverse exchange-traded fund in the U...

US equities rebounded Tuesday after last week’s rout erased nearly US$2 trillion from the S&P 500. Treasuries retreated. The S&P 500 added 2.4 per cent, led by energy and consumer discretionary shares, while the tech-heavy Nasdaq 100 surged 2.5 per cent fo...

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high-yield bonds  MARKET OUTLOOK: The high level of inflation has lasted longer than anticipated, resulting in aggressive rate hikes by the Federal Reserve...

The Bank of Canada announced today that Deputy Governor Timothy Lane will retire on September 16, 2022. Mr. Lane joined the Bank in August 2008 as an Advisor to the...

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