Will A Dogs Of The Dow Portfolio Shine This Year?
This time of year, investment strategists publish 2023 model portfolios for their clients. The portfolios are ostensibly designed to allow investors to earn market-beating returns while minimizing risks. Of course, these recommendations can frequently prove far off the mark. For example, in late 2021, many market seers anticipated another good year in 2022 and recommended investors adopt portfolios […]
Junk Bond, Stock and Treasury Markets Have Conflicting Signals About The 2023 Economy
In a fitting end to a confusing financial year, the high-yield bond, stock and Treasury markets seem to have widely disparate views on the future. Specifically, junk bond investors anticipate a 2023 economy which dodges one of the most widely predicted recessions in history. On the other hand, the highly volatile NASDAQ index and U.S. Treasuries across […]
“Don’t Be Bothered By Stock Market Craziness,” Elon Musk Tells Tesla Employees Despite Stock Compensation
Tesla (Nasdaq: TSLA), like most other tech businesses, includes stock options and grants in its remuneration packages. However, unlike most automakers, the company is providing equity pay to all employees across the corporation, including manufacturing colleagues and sales staff, which is unusual in the auto industry. But, with the electric vehicle maker seeing the lowest […]
Spain Unveils $10.6 BILLION Spending Package To Tackle… Inflation?
Spain’s government is attempting to combat surging inflation by unleashing more fiscal spending measures, this time to the tune of $10.6 billion. With much of Europe facing an unprecedented spike in the cost of living thanks to pandemic-related dovish monetary policies exacerbated by the conflict in the Ukraine, some governments are embarking on damage control […]
Gold Rush: Volume Bought By Central Banks At A 5-Decade High
According to data provided by the World Gold Council (WCG), demand for the precious metal has outstripped any annual quantity in the previous 55 years. Last month’s estimates were also significantly higher than central banks’ official published statistics, generating industry conjecture about the buyers’ identities and objectives. Central banks are buying gold at the quickest […]
TSMC Kicks Off Next Gen 3nm Chip Production
Taiwan Semiconductor Manufacturing Co. has started the mass production of next-generation 3-nanometer chips at its Tainan campus in southern Taiwan. “TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment,” TSMC Chairman Mark Liu said. He added that the demand for 3nm chips is “very strong.” […]
Crisis Averted: Joe Biden Approves $1.7 Trillion Govt Spending Bill, Avoiding Potential Government Shutdown
In a move to prevent the newly formed Congress from delving into a dispute with Republicans come January, Senate lawmakers passed a $1.7 trillion government funding bill just in the nick of time to make it home for the holidays ahead of winter weather. The bill made it through the Senate in a 68-29 vote […]
Was The Competition Tribunal’s Decision On Rogers-Shaw Merger Rushed?
The Competition Bureau has filed a notice of appeal with the Federal Court of Appeal to challenge the Competition Tribunal ruling allowing the pending Rogers Communications (TSX: RCI.B) and Shaw Communications Inc. (TSX: SJR) merger to proceed. The agency alleges the tribunal made legal errors in its rush to issue a judgement before the end of the year. “We […]
Canada-Germany Hydrogen Alliance: Dead at Inception?
Over the summer, Germany desperately succumbed itself to the mercy of Canadian Prime Minister Justin Trudeau, begging the former drama teacher to expedite the construction of new LNG terminals for shipping natural gas to Europe, and ultimately cut the continent’s dependence on Russian energy. Despite Germany’s most senior business and political leaders creating a lucrative […]
Canadian Airlines Suck: Study Reveals That Air Canada and WestJet Rank Lowest In On-Time Performance
A new report from Cirium Aviation Analytics has revealed that Canada’s two largest airlines, Air Canada and WestJet, faced a significant number of delays in 2022. The report, which analyzed the on-time performance of the 10 largest airlines in Canada and the United States, found that Air Canada ranked last, while WestJet ranked ninth. Air […]