Forecast Predicts Rise in Canada’s Unemployment Rate…
Statistics Canada is set to release its October jobs report on Nov. 8, with economist forecasts centering on a weakening labor market. This could support the Bank of Canada making another super-sized interest rate cut. Analysts project the nation’s jobless rate to rise to 6.6%, according to FactSet. This would return the figure to August […]
Rethinking Dividend ETFs | Morningstar
Income-seeking investors have more options than ever today. Stock dividend exchange-traded funds remain alive and well, and those following sound processes are still great choices to invest in. But when it comes to income, dividends are no longer the only show in town. Interest rates have increased, making bond ETF yields more attractive and in […]
Rising Gold Prices Bring Shine to Struggling Miners
Bullion has gained nearly 35% since January. Shares in gold miners are up by around the same amount. Despite their recent run, the miners appear a more attractive inflation hedge than the lustrous metal they produce. Anyone acquainted with the industry might find that hard to believe. Historically, gold miners have offered remarkably poor protection […]
November 2024 US Stock Market Forecast: Stocks Are…
Third-quarter earnings season has been shaping up much as we expected. With the US economy running at a faster rate than anyone expected at the beginning of the quarter, most companies have had no problem either meeting or beating consensus. The problem has been with guidance for the fourth quarter. Although the economy has been […]
The Top 10 Canadian Dividend Stocks for Outstanding Performance in…
Dividend-paying stocks that combine healthy balance sheets with hefty yields can provide investors with steady incomes, cushion against market downturns, and grow investments at a healthy clip. In October 2024, the top-performing dividend-payers included waste management company Secure Energy Services SES, asset management firm CI Financial CIX, and asset management firm Brookfield BAM. To find […]
Excellon to Resume Silver Mining in 2024 Through Mallay Mine Agreement in Peru
The Peru deal includes a $1.3 million cash payment to privately held Adar Mining and an equity stake of 12.9% in Excellon. Excellon will also pay a 1% net smelter royalty and provide a zinc and lead stream to Adar. President and CEO Shawn Howarth said he expects Excellon to regain producer status soon. He […]
Winter Rally of Gold Stocks in 2024
Gold stocks display strong seasonality because their price action amplifies that of their dominant primary driver, gold. Gold’s seasonality generally isn’t driven by supply fluctuations like grown commodities see, as its mined supply remains relatively steady year-round. Instead gold’s major seasonality is demand-driven, with global investment demand varying considerably depending on the time in the […]
Berkshire Hathaway Earnings: Cash Reserves Reach…
With narrow-moat-rated BRK.A BRK.B reporting adjusted third-quarter operating results that were more or less in our range of expectations for the quarter, we are leaving our USUSUS$700,000 (USUS$467) per Class A (B) share fair value estimate in place for Berkshire stock. Third-quarter revenue, including unrealized and realized gains/losses from Berkshire’s investment portfolios, increased 78.9% to […]
Traders View Gold as a Reliable Investment Ahead of Uncertain Election Outcome
“Markets like gold in uncertainty, especially when it has to do with geopolitical issues,” said Patrick Fruzzetti, portfolio manager at Rose Advisors in New York. “That’s a reason why you’d want to own gold going into the election.” Some observers have suggested the margin of victory will be so narrow it will need to be […]
Small Victories Can Lead to Long-Term Investment Success
Roger Federer delivered a commencement speech at Dartmouth University this past summer, sharing a profound insight from his tennis career that equally applies to other walks of life. He mentioned that he played 1,526 singles matches during his career, winning nearly 80% of them. But then he posed a question to the graduating class: “Now […]