A Curious Chapter in Copper Mining is Coming to an End
Pre-Columbian Tumbaga figurine made of a gold-copper alloy unearthed during archeological rescue work around Cobre Panama. Image: First Quantum Minerals With so much happening in copper – from all-time highs mixed with price collapses – it’s easy to lose sight of the giant hole that exists in the industry where dynamite meets bedrock. Cobre Panama […]
Restrictions on These Three Funds Due to Fees
Costs can make or break a fund. Numerous studies from Morningstar and others have shown that few (if any) qualities beat fees for their ability to predict performance. That’s why they’re a big component of Morningstar’s Medalist Ratings. Here are three funds that benefit from strong people and processes but are hampered by high fees. […]
Study Reveals That 1 in 10 Brazilian Mines Could Face Abandonment
Stock image. Brazil has 3,943 mining sites showing signs of abandonment, or 11% of the country’s authorized operations, according to a new study by think tank Instituto Escolhas, highlighting social and environmental risks posed by miners flouting regulations. Based on data from the National Mining Agency (ANM), the study points to threats such as deforested […]
US Treasury Bond Yields Surge Amid Trade War Concerns
The trade war caused US government bond prices to fall sharply on Wednesday, driving up yields in a paradoxical development as the global economy faces a recession. A key safe-haven asset, Treasuries usually offer lower yields when investors seek shelter from volatility. Yields are instead up, even as economists have been raising the probability of […]
Canadian Dollar Forecast Highly Uncertain with Trump Factors at Play
With US President Donald Trump’s trade wars threatening to upend not just the Canadian economy but also those of the United States and other major countries, analysts are offering a range of outlooks for the battered Canadian dollar. Some point to improving market sentiment, stronger domestic economic data, and a weaker US dollar as reasons […]
Is Novo Nordisk Stock a Smart Investment Following Its Decline?
As a pioneer in diabetes care, Novo Nordisk NOVO B claims 34% of the USD 80 billion-plus diabetes treatment market and roughly half of the insulin market, itself worth more than USD 15 billion. Until 24 March, Novo Nordisk also claimed the throne as Europe’s largest publicly traded company, but has now been overtaken by […]
Swiss Gold Trade Should Be Omitted from U.S. Trade Balance, According to SNB Study
Stock image. Switzerland’s exports of gold — particularly during times of global stress — should not count towards its bilateral trade balances with the US and therefore be excluded from tariff considerations, according to a paper published by the Swiss National Bank on Tuesday. While gold is Switzerland’s largest import and export in terms of […]
Tilray Earnings: Cannabis Margins Improve, Yet…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Tilray TLRY reported fiscal third-quarter 2025 earnings, with net revenue declining 1% year over year to $186 million. However, excluding the effect of currency, net revenue would have grown 2%. Adjusted EBITDA margins declined about 60 basis points to 4.8%. […]
This Is What Genuine Market Uncertainty Looks Like
A week ago, you could read market pundits opining that “Liberation Day” would end the uncertainty that had pressured the stock market since President Donald Trump’s inauguration. Some predicted a “sell the rumor, buy the fact” trade once his plans were clear. Wrong. There is more uncertainty than ever. The result is damage to portfolios […]
Impacts of the New Trump Tariffs on the Federal Reserve
As global markets plunge in the aftermath of the Trump administration’s sweeping new tariff plan and worries about a potential recession rise, investors are thinking the Federal Reserve may now move faster to cut interest rates. The shift has to do with the changing outlook for growth in the United States, according to analysts. While […]