Job Growth Remains Robust, Yet Rate Cuts are Still…
A surprising rise in hiring during May was welcome news, but with the unemployment rate rising for a third consecutive month, economists say the Bank of Canada has ample justification to continue cutting interest rates down the road. The Canadian economy added 8,800 jobs in May, well above the modest FactSet consensus estimate of 1,500. […]
June 2025 US Stock Market Forecast: Has the Turmoil Passed?
As of May 30, 2025, according to a composite of our valuations, the US stock market was trading at a 3% discount to fair value. Historically, that was close to the midpoint, where half the time the market trades at a higher valuation and half the time at a lower valuation. While we remain market […]
China’s Lead Mine Project Poses Challenges for Myanmar Tribe
China lead mine plan weighs heavily on Myanmar tribe In the heart of Myanmar, the clash between progress and preservation unfolds as local tribespeople protest against a Chinese-led mining venture threatening their ancestral lands. This situation highlights the broader implications of a global demand for lead in sustainable energy solutions, pitting economic development against environmental […]
Taseko Secures Three-Way Agreement to Settle New Prosperity Dispute
An aerial view of Taseko Mines’ New Prosperity project in central British Columbia. Credit: Taseko Mines. Canada’s Taseko Mines (TSX, LON: TKO)(NYSE American: TGB), the Tŝilhqot’in Nation, and the Province of British Columbia have signed an agreement that resolves a complex, long-standing conflict over the New Prosperity mineral tenures. The tenures, located about 125 km […]
JPMorgan Increases Year-End S&P 500 Target, But Predicts Limited Upside Potential
JPMorgan raises its year-end S&P 500 target, but sees little upside left Strong earnings and a resilient economy amid extreme policy uncertainty this year have uplifted JPMorgan’s view on U.S. equities. Head of global markets strategy Dubravko Lakos-Bujas raised his year-end S & P 500 price target to 6,000 from 5,200. The strategist cited an […]
How Did Alternative Fund Strategies Perform in the…
Mutual funds and exchange-traded funds that offer alternative strategies to traditional stock and bond blends are touted as providing extra diversification and protection to a portfolio. The recent tariff-driven selloff offered a window into how these investments perform in times of market stress. In recent years, alternative strategies have proliferated among ETFs, especially so-called buffer […]
The Top Stocks and Funds Investors Favored in May
The most popular stocks and funds investors bought in May Signs of progress on US tariff agreements in early May offered some reprieve around trade tensions, prompting investors to be more “risk-on”, driving stock markets higher. Following on from US president Donald Trump’s pausing of many higher rate tariffs in April, the UK and US […]
Tesla Stock Declines Amid CEO Elon Musk’s Dispute with US…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Tesla TSLA CEO Elon Musk and US President Donald Trump are publicly feuding, issuing statements on their respective social media platforms. Musk is not in favor of the US budget that Trump hopes to pass. Tesla shares were down over […]