Bank of Canada Implements Another Significant Interest Rate Increase
This was the second straight half-point cut, a relatively aggressive move for the central bank. Analysts were quick to parse the Bank’s announcement, concluding future cuts will be smaller. The key policy rate is now within the Bank’s neutral range of 2.25%-3.25%. Market watchers predict a “wait and see” approach from policymakers as the effects […]
Court Grants Approval for $74 Million Loan to Finance Yukon Eagle Mine Cleanup
The site is under pressure as temporary containment ponds holding 309,000 cubic metres of contaminated water are near capacity, PwC warned in a Nov. 29 update. Storage constraints will persist until regulators approve the discharge of treated water. Upgrades to the water treatment plant are ongoing, with final lab tests underway to confirm compliance. “We […]
3 US Stock ETFs Struggling in 2024
Bryan Armour: The S&P 500 has led the market this year, leaving other fund strategies behind as the biggest US companies grew bigger. While we look favorably on the S&P 500’s long-term prospects, market-leading performance won’t always be the case. Morningstar Categories go through periods of strength and weakness, and strategies within those categories do […]
Exploring Oakmark and MFS’s Latest Active ETFs
Two more redoubtable asset managers—Oakmark and MFS—joined the active exchange-traded fund fray this week, launching versions of established and highly rated strategies. The new ETFs are not exact clones of those strategies, which each have long and impressive track records, but share the same management teams and processes as their forebears. Oakmark U.S. Large Cap […]
A Highly Rated Active ETF Led by an Experienced Manager
Hugo Lavallée stands out as one of Morningstar’s top-rated equity managers. He joined Fidelity in 2002 and has been at the helm of this strategy since 2011. He brings a wealth of investment experience and makes all the final decisions on this strategy, but he also leans on Fidelity’s well-rounded US and Canadian equity team. […]
What’s Ahead for Bank of Canada Rate Cuts? Insights from Trump
The market has had time to digest the language around the Bank of Canada’s jumbo interest rate cut on Wednesday. Now the looming threat of US President-elect Donald Trump’s proposed tariffs is the most significant wild card for where rates will go. The Bank’s 50-basis-point cut brought its policy rate to 3.25%, the upper limit […]
Gold Stocks: Significant Bargains Await – MINING.COM
That contrarian call came to pass in early April, and gold kept on blasting higher. In mid-September this gold upleg grew to monster status at 40%+ gains, before peaking in late October skyrocketing 53.1% in 12.9 months! Gold clocked in with an amazing 43 record closes in that span, the last being $2,786 six weeks […]
3 Solid ETFs Facing a Tough 2024
Bryan Armour: The S&P 500 has led the market this year, leaving other fund strategies behind as the biggest US companies grew bigger. While we look favorably on the S&P 500’s long-term prospects, market-leading performance won’t always be the case. Morningstar Categories go through periods of strength and weakness, and strategies within those categories do […]
US Interest Rate Cut Uncertain as Inflation Remains Persistent
The November US Consumer Price Index report showed that inflation ticked up slightly in November—a signal that the Federal Reserve’s battle to bring down price pressures in the economy is not yet over. The Bureau of Labor Statistics reported Wednesday that the CPI rose 2.7% in November compared with the same month last year—an uptick […]
3 Compelling Reasons to Sell Your Fund
Valerio Baselli: Hello and welcome to Morningstar. When is it better for me to sell? This is a question that all investors sooner or later ask themselves. We have already listed the three worst reasons to sell a fund, and we wouldn’t be doing this subject justice if we didn’t also list good reasons to […]