Bank of Canada Reduces Rates, Anticipates Further Cuts Ahead
With economic headwinds rising thanks to the trade war launched by the US, the Bank of Canada cut interest rates by a quarter point on Wednesday. This took the target for the key overnight rate to 2.75%, with the bank rate at 3.00% and the deposit rate at 2.70%. The Bank has cut overnight interest […]
Software Industry Forecast: Areas Poised for Growth and…
Overall, we think revenue and margin expansion are looking favorable for software firms in the coming years: We see total software revenue growing in excess of 11% annually through 2029. • Switching costs drive high customer retention. • High upfront investments secure very sticky revenue. • Growth should remain attractive. We share the key tailwinds […]
US Stocks Plunge as Recession Concerns Intensify…
Key Takeaways Stocks are falling as investors fret over the outlook for the US economy.Large-cap growth stocks have been hit the hardest as the mega-cap technology trade unwinds.Value stocks have declined but withstood the selloff better than growth. US stocks fell Monday, adding to recent declines, as investor anxiety over a rapidly changing economic outlook […]
AbraSilver Stock Climbs After High-Grade Discoveries at Diablillos Project in Argentina
Diablillos is located in the Argentine Puna region, which is the southern extension of the Altiplano of southern Peru, Bolivia, and northern Chile. Credit: AbraSilver Resource AbraSilver Resource (TSX: ABRA)(US-OTC: ABBRF) cut intervals grading higher than 205 grams silver per tonne in the completed stage four drilling at its Diablillos project in northwest Argentina. Shares […]
US Growth Stock ETFs Take a Hit as Market Declines
Exchange-traded funds focused on US growth stocks have nosedived in recent weeks, as investors have grown increasingly worried about the outlook for the economy amid the mounting trade war. On Monday, growth stocks were the hardest-hit segment of the Morningstar Style Box, with large growth falling roughly 4.4%, mid-cap growth down 3.5%, and small growth […]
Canadian Stock Investors Should Proceed with Caution
It’s time for caution. That was the verdict among panelists at the March 5 Morningstar forum “Navigating 2025: Insights for Canadian Investors,” moderated by Morningstar Canada director of investment research Ian Tam. The panel featured Stephen Lingard, senior VP and co-head of multi-asset at CI Global Asset Management, David Tulk, global asset allocation portfolio manager […]
How Fund Managers Are Responding to the German Bond Situation
Europe’s bond fund managers are scrambling to adjust their portfolios as Germany’s fiscal revolution triggered a dramatic move in government bond yields that spread as far as Japan. Expectations for future government spending in the eurozone and beyond are shifting rapidly, sending longer-term bond prices tumbling and pushing up bond yields sharply. Some managers are […]
Franco-Nevada’s Panama Arbitration Scheduled for 2026 Hearing
Arbitration proceedings between royalty and streaming company Franco-Nevada (TSX, NYSE: FNV) and Panama over the reopening of the $10 billion Cobre Panama copper mine are moving forward after a tribunal formed in December said it will hear the case in October 2026. Canada’s Franco-Nevada had a gold-copper steaming agreement with First Quantum (TSX: FM), the mine’s […]
Meridian Increases Cabaçal Gold-Copper Project Valuation by 71% in Brazil Following New Study
A drill rig at Meridian’s Cabaçal project in Brazil. Credit: Meridian Mining A new report for Meridian Mining’s (TSX: MNO; US-OTC: MRRDF) Cabaçal gold-copper-silver project in west-central Brazil boosts its post-tax net present value (NPV) more than two-thirds over a 2023 study to nearly $1 billion (C$1.44 billion). Shares gained 18%. The pre-feasibility study for […]
Tesla: Stock Drop Amid Concerns Over Delivery Performance
Key Morningstar Metrics for Tesla Tesla TSLA shares were down 9% at the time of writing (Monday) as the market reacted to an analyst downgrade and fears that increased competition and CEO Elon Musk’s political activities will lead to lower deliveries and profits in 2025. Why it matters: Tesla’s primary business is selling autos. While […]