Bombardier: Stock Appears Undervalued Despite Potential…
New 25% tariffs on all US imports from Canada and Mexico began on March 4, nominally tied to measures by these two nations and China to prevent fentanyl importation and illegal immigration into the United States. Big picture: It is unclear whether the tariffs will last a few days, months, or the rest of President […]
US Tariffs Could Prompt the Bank of Canada to Consider Major…
With US tariffs now in effect, analysts increasingly predict that the Bank of Canada may need to implement aggressive interest rate cuts to mitigate the economic fallout and stabilize the economy. Defying expectations of an extended reprieve, US President Donald Trump moved forward with heavy trade levies on Canada. Economists say this new economic reality […]
Gold Price Volatility Stabilizes as Trump Tariffs Reach Their Limit
Stock image. Gold’s extreme price dislocations are fading as tightness in the physical market eases, indicating a rush to ship bullion to America may have run its course. US prices surged above international benchmarks in recent months amid fears gold could be included in President Donald Trump’s sweeping tariff measures. The price differential between New […]
US-Canada Tariff Disputes Shaking Financial Markets
The S&P/TSX Composite Index losses in afternoon trading, recovering from a 2% decline in the morning of March 04 as sweeping new US tariffs on Canada took effect. The broad-based declines were driven by energy and tech stocks with the S&P/TSX Capped Energy Index and the S&P/TSX Capped Information Technology Index opening lower, extending their […]
Is a Stock Market Rotation in Progress? How Long Will It Continue?
The big rally in the stock market may have stalled, but there’s been lots of churn under the surface. The Morningstar US Market Index has slipped into the red this year, falling 0.25% since the beginning of January. Technology stocks, which were far and away the largest contributor to the big bull market in 2023 […]
Nutrien Forecast: Stock Price Reflects Diminished Expectations…
Nutrien’s NTR profits fell in 2023 and 2024 largely due to falling fertilizer prices, but we see a rebound in 2025. Why it matters: Because Nutrien is the largest fertilizer producer in the world by capacity, its share price and underlying business results, including revenue, profits, and free cash flow, are sensitive to fertilizer prices. […]
Stocks and Canadian Dollar Plummet as Trump Doubles Down…
US President Donald Trump said he intended to proceed with 25% tariffs on Canadian good after the monthlong pause lapses midnight tonight. “With no reprieve seemingly forthcoming, Canada must brace for the immediate impact of U.S. tariffs,” warns Eric Lascelles, chief economist at RBC Global Asset Management. Retaliatory tariffs by Canada are a certainty, alongside […]
Westhaven Gold Increases Shovelnose Property Value Twofold in British Columbia
The Shovelnose gold property in southern British Columbia. Credit: Westhaven Gold Westhaven Gold (TSXV: WHN) has issued an updated preliminary economic assessment (PEA) for its Shovelnose property that showed an over 100% increase in its net present value, along with marginal improvements to the internal rate of return and payback. The after-tax NPV, discounted at […]
Top and Bottom Performing Canadian Stocks
The Morningstar Canada Large-Mid Cap Index fell 0.1% in February. The large-mid index tracks the performance of the top 90% of the Canadian investable universe by market cap, and each month we screen from among the stocks in this index to find the best- and worst-performing companies. Data in this article is sourced from Morningstar […]
5 Underrated US Stocks That Surprised with Strong Q4 Earnings
Amid a solid earnings picture for the fourth quarter, many US-listed companies are beating their estimates. Combining the results of firms in the Morningstar US Market Index that have reported earnings with the analyst expectations for those still yet to publish, earnings are on track to grow 15.3% from the third quarter of 2024 – […]