May 2025 U.S. Stock Market Forecast: In the Eye of the Storm
• The US stock market is trading at an 8% discount. • Investors should look to market-weight stocks overall but overweight value and core. • Sector valuations rise toward fair value from deeply undervalued levels, and energy is increasingly attractive. May 2025 US Stock Market Outlook and Valuation As of April 30, 2025, according to […]
Strategic Growth and Record Net Income
Record Net Income and Strategic … Underlying EPS: $1.82, up 21% year over year. Underlying Net Income: $1.045 billion, a record high. Reported Net Income: $928 million. Underlying ROE: 17.7%. LICAT Ratio: 149%. Cash at SLF Holdco: $1.3 billion. Share Buybacks: $520 million of common shares repurchased. Dividend Increase: 5% increase announced. SLC Management Capital […]
The Magnificent Seven at the Helm of the Stock Market
• The megacap tech stocks that make up the “Magnificent Seven” have led the market’s recovery over the past month. • That’s a big change from earlier in the year, when “old economy” stocks like financials and healthcare led, while tech fell out of favor. • Strategists say Big Tech offers investors structural advantages over […]
15 States File Lawsuit Against Trump’s Initiative to Accelerate Oil and Gas Projects
15 states sue over Trump’s move to fast-track oil and gas projects Over a dozen largely Democratic states are suing President Trump’s administration over his efforts to fast-track energy projects, saying the administration is bypassing environmental protection laws. Mr. Trump issued an executive order declaring a “national energy emergency” on the first day of his […]
Likelihood of Bank of Canada Interest Rate Cut Increases in…
A shocking fall in the latest job numbers and a higher-than-anticipated rise in the unemployment rate have significantly boosted the odds of an interest rate cut when the Bank of Canada makes its next decision in June. The economy added just 7,400 jobs in April, considerably undershooting the FactSet consensus estimate of 10,000. Meanwhile, the […]
BHP-Backed SolGold Shifts to Accelerated Mining Plan to Attract Investors
The Cascabel copper-gold project in Ecuador. (Image courtesy of SolGold.) SolGold Plc, an Ecuador-focused firm backed by some of the biggest names in mining, is working on options to start production at its flagship project three or four years ahead of previous plans. The company’s Cascabel project has long been heralded for its potential of […]
10% Tariffs Are Now Permanent
10% tariffs are here to stay The U.K. and U.S. agreed to a landmark trade deal on Thursday — yet the agreement appears to be far from free of tariffs. The deal is the first made by the United States since President Donald Trump unveiled his so-called reciprocal tariffs on countries around the world last […]
S&P Warns Romania’s Political Crisis May Impact External Financing Sources
Romania’s political crisis could affect external financing sources, S&P says By Gergely Szakacs (Reuters) -Romania’s political crisis and possible delays in a policy response to economic imbalances following the collapse of the coalition government this week could undermine some external financing sources, S&P Global said. Romania’s central bank stepped in to prop up the leu […]
Great-West Financial Results: Focus on Retirement and Wealth Management
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Great-West Lifeco GWO reported decent numbers in the first quarter as base earnings came in at C$1.03 billion, or C$1.11 per share, up 6% from C$1.05 per share in the previous year. The firm reported an adjusted return on equity […]
Cenovus Shares Surge 10% Following Dividend Increase by Canadian Oil and Gas Producer
Cenovus stock soars over 10% as Canadian oil and gas producer hikes dividend New expansion phase at Cenovus’ Christina Lake oilsands operation in northern Alberta. (Photo: Business Wire) · Business Wire Cenovus Energy (CVE.TO)(CVE) raised its dividend in the face of weaker oil prices, sending shares of the Canadian oil and gas company over 10 […]