Altilium and UKBIC Celebrate Milestone: Production of UK’s First EV Battery Cells from Recycled Materials
Altilium and UKBIC announce successful production of UK’s first EV battery cells made from recycled materials Altilium and UKBIC have achieved a groundbreaking milestone in sustainable technology by producing the UK’s first electric vehicle (EV) battery cells from recycled materials. This significant development not only highlights advancements in battery manufacturing but also paves the way […]
Gold Prices Hit Record High Amid Middle East Tensions and US Economic Worries
Stock image. Gold rose to a record high above $3,030 an ounce as an escalation in Middle East tensions underscored its haven appeal, and investors weighed data that fueled concern the US economy is slowing down. Bullion climbed as much as 1.3% as Israel launched airstrikes across Gaza that Hamas said killed hundreds of people, […]
FOMC & Market Implications: Inflation, Interest Rates, and the US Dollar
FOMC & Market Impact: Inflation, Rates, and the US Dollar The Fed is expected to maintain current interest rates (4.25%-4.50%) and a cautious approach, emphasizing data-driven decisions. Market participants will focus on the Fed’s “dot plot” and Chair Powell’s press conference for clues about the timing and trajectory of future rate cuts. Technically, the US […]
Top ETFs to Enhance Your Portfolio
As the number of exchange-traded funds available to Canadian investors grows, deciding which ones best fit your portfolio gets more complicated. This year, we have a new series to help investors sort through the choices. We’ve screened the largest Morningstar fund categories for the ETFs our manager research analysts believe have the best chance of […]
February Inflation Report Signals Challenges for the Bank of…
Canada’s Consumer Price Index shot up 2.6% annually in February, blowing past estimates of 2.3% and clocking the sharpest increase in eight months, as the effects of the federal sales tax break tapered off. While an increase in inflation was widely expected, analysts were surprised by the magnitude of the jump from the 1.9% reading […]
Scott Bessent Calls Market Corrections ‘Healthy,’ While Jim Cramer Has a Different View
Scott Bessent says corrections are ‘healthy.’ Jim Cramer disagrees CNBC’s Jim Cramer on Monday reflected on recent market action, and argued that the reason the S&P 500 plummeted into correction territory last week deviated from typical explanations. “Right now, people are worried about a recession that’s caused by the President of the United States,” he […]
Tariffs Aren’t the Real Driver Behind US Market Trends…
Editor’s Note: This article was updated to include an additional exhibit. Tariffs sparked the current downturn, but they are not its root cause. To explain that statement, I will show an example. Since late February, technology stocks and bitcoin have declined, mostly in unison. Meanwhile, Berkshire Hathaway’s BRK.B equity and intermediate-term Treasury notes have slightly […]
3 Essential Action Items for Investors in a Tariff-Driven Market
It’s been a challenging time for Canadian investors, as the trade war launched by US President Donald Trump has rocked markets. With the news out of Washington, this volatility could persist, as tariffs and other significant geopolitical swings could continue for years to come. Especially given the kind of uncertainty hitting the Canadian economy, one […]
US Federal Reserve Confronts Triple Challenges of Inflation and Economic Slowdown
As Federal Reserve officials meet this week against the backdrop of a stock market selloff, gloomy economic news, and a mounting trade war, the only clarity around the outlook for interest rates seems to be that no change is on the table this month. Beyond that, Fed officials are in a difficult position. Inflation, as […]
DoubleLine’s Gundlach Predicts Gold Prices Will Hit $4,000 Due to Central Bank Demand
Stock image. Gold added some more sparkle to the still-recovering financial markets on Friday by reaching the $3,000-an-ounce level for the first time. The die-hard bulls have long seen this coming, and some are already looking far beyond this historic milestone. One of those is DoubleLine CEO and founder Jeffrey Gundlach, who told investors during […]