Is a Rally in the Canadian Stock Market Sustainable?
After a sluggish second quarter, the Canadian stock market rebounded strongly in the third, driven in part by a series of rate cuts from the Bank of Canada. Lowering interest rates helped to cool inflation and supported a broader economic recovery, positioning the market for a more optimistic outlook for the remainder of the year […]
Embracing Credit-Sensitive Rates: Potential Risks to Financial Markets
Adopting Credit-Sensitive Rates Could Pose Great Risks to Financial Markets The financial market has moved from LIBOR to alternative interest-rate benchmarks, such as SOFR. Credit-sensitive rates, which are now becoming increasingly popular, carry greater risks than SOFR and other “risk-free rates” and must be used with great care. If not, United States legislators might need […]
Who Will Inherit “The Carter Curse”: Trump or Harris?
Will it be Trump or Harris who Inherits “The Carter Curse?” Greetings Investors! Putting together an especially meaty podcast (LISTEN HERE) late this past week, The Prospector News’ Mike Fox and I mused over why either Donald Trump or Kamala Harris would even want the job of being president the next four years. Who inherits […]
Former Amazon VP leading Hershey’s technology revolution
Meet the former Amazon VP driving Hershey’s tech transformation With a dozen years at Amazon under his belt, Deepak Bhatia made a big career change last year when he joined Hershey as the candymaker’s first-ever chief technology officer. “The goal is not to simply take things that were at Amazon and bring them over,” says […]
Brent Crude Set to Hit $80 a Barrel Amid Ongoing Geopolitical Tensions and Recovery in Libyan Oil Production
Brent Crude – Oil Eyes $80 a Barrel as Geopolitical Concerns Linger, Libya Production Returns Oil prices are rising due to geopolitical tensions in the Middle East, particularly the potential for an Israeli attack on Iranian oil facilities. Despite increased Libyan oil production, prices continue to climb, indicating market sensitivity to potential supply disruptions. Experts […]
A Historical Overview: The Changing Ownership of Arcadium’s Lithium Assets
Arcadium, a newly formed entity resulting from the merger of Australia-based Allkem and US-based Livent, marks a significant evolution in the lithium sector. This merger, heralded in January, synergizes the strengths and assets of both companies, consolidating a diverse portfolio of lithium mines, processing facilities, and geological deposits that span four continents. Notably, this formation […]
Alberta Under Pressure for Oil Industry ‘Subsidies’ as Well Cleanup Costs Soar
Alberta Faces Scrutiny Over Oil Industry ‘Handouts’ Amid Escalating Well Cleanup Costs With cleanup and restoration costs for “orphaned” oil wells in Alberta set to double, the provincial government faces mounting pressure to hold oil and gas companies accountable on a number of fronts. To highlight the adverse effects of provincial policies that subsidize the […]
Report: Silver Mining Sector Requires $2.1 Trillion by 2050 to Fulfill Demand
A recent analysis by Bloomberg NEF emphasizes the urgent need for a significant investment in raw materials to achieve net-zero emissions by 2050. The report highlights a crucial $2.1 trillion funding gap and warns that if this is not addressed, the costs associated with clean energy technologies could increase drastically due to shortages of essential […]
Wall Street shows signs of regret over Fed rate cuts
Fed rate cuts: Wall Street is starting to have buyer’s remorse Wall Street celebrated the Federal Reserve’s half-point rate cut last month by sending stocks to fresh record highs, but the blockbuster jobs report on Friday has caused doubts to creep in. Analysts at Bank of America and JPMorgan, which was one of the few […]
Weekly Market Outlook: Powell’s Insights, Nvidia Earnings, and Upcoming PCE Data
Fed Chair Powell signals policy adjustments are needed, emphasizing concerns about labor market weakness. The impact of Powell’s remarks on the FX space saw GBP/USD and EUR/USD reach new highs. Markets are pricing in a 34.5% chance of a 50 bps cut and 65.5% of a 25 bps cut at the Federal Reserve’s September meeting. […]