Markets
New building permits decline across Canada
Municipalities issued building permits worth $6.0 billion in May, a 10.8% decline from April. The decline follows two consecutive monthly increases. The value of permits in May was 13.9% ……Read More
Markets
Markets
Markets in Pilgrim’s Progress or just Economic Great Game?
With volatility and uncertainty elevated, at issue is whether markets are reflecting the equivalent of a pilgrim’s progress or the economic version of the great ……Read More
Markets
U.S stocks knocking on bear market door
The Russell 2000 Index, a gauge of the small-cap sector, officially entered a bear market Thursday, dropping more than 20 percent from its intraday high ……Read More
Markets
U.S stocks cheapest in 60 years, so they say
The U.S. stock market is the cheapest since 1951, according to a model comparing earnings valuations to corporate bond yields. The S&P 500 has a ……Read More
Markets
Chinese economic data will determine the fate of U.S Stocks on Thursday
The second-half trend for U.S. stocks could be set before July even begins. At about 9 pm ET Wednesday, China will release its purchasing managers ……Read More
Markets
China sneezes and U.S stock market catches a cold
Commodity stocks such as Freeport McMoRan and Alcoa are the U.S. stocks that are most closely linked to the China growth story, as evidenced by ……Read More