The swift drop in interest rates may make mortgages and lots of other loans cheaper, but they don’t necessarily mean good things for the stock market.
— Read on www.cnbc.com/2019/05/28/falling-interest-rates-are-sending-a-warning-signal-to-the-stock-market.html
Category: Headline News
The Latest Headline News from around the World.
Morgan Stanley says economy on ‘recession watch’ amid bond warning
The stock market and economic outlook in the United States are “deteriorating,” according to Morgan Stanley’s chief stock strategist.
— Read on www.cnbc.com/2019/05/28/morgan-stanley-says-economy-on-recession-watch-amid-bond-warning.html
Bank of Canada likely on hiatus before federal election – BNN Bloomberg
Bank of Canada likely on hiatus before federal election – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-likely-on-hiatus-before-federal-election-1.1265120
Braid: May’s ‘Canadian oil’ idea would be the end of Canadian oil | Calgary Herald
A casual glance at the news might lead one to believe Green Party Leader Elizabeth May had a conversion.She wants Canada to stop importing foreign oil, and use only Canadian oil — the very argument many Albertans have made for years.
— Read on calgaryherald.com/news/politics/braid-elizabeth-mays-canadian-oil-idea-would-be-the-end-of-canadian-oil
This is the income required to own a home in Canada’s 13 hottest real estate markets
Given the high price of real estate, aspiring homeowners need to be bringing in some big bucks.
— Read on www.msn.com/en-ca/money/topstories/this-is-the-income-required-to-own-a-home-in-canadas-13-hottest-real-estate-markets/ss-AABZlcj
How to recession-proof your RRSP with just 3 stocks
The Canadian National Railway Co. (TSX:CNR)(NYSE:CNI) and two other stocks could bring long-term resilience to a retirement fund.
— Read on www.msn.com/en-ca/money/savingandinvesting/how-to-recession-proof-your-rrsp-with-just-3-stocks/ar-AABZCrB
Deutsche Bank’s Options Are Limited for a Turnaround
(Bloomberg) — These days, the path of Deutsche Bank feels a little bit like the final season of a long-running TV show. The latest plot driver: the lender’s stock regularly hitting new lows.
— Read on ca.finance.yahoo.com/news/deutsche-bank-options-limited-turnaround-062214361.html
Alibaba plans bumper $20 billion HK listing to boost investment war chest: sources
The deal, the biggest follow-on share sale in seven years globally, would give Alibaba a war chest to keep investing in technology – a priority for China as growth flags and as the world’s second-largest economy is locked in a mounting trade spat with the United States. The e-commerce giant is working
— Read on ca.finance.yahoo.com/news/alibaba-plans-20-billion-hong-kong-listing-sources-020443203–sector.html
Oil edges up as supply remains tight, helping offset trade woes
Brent crude rose 19 cents or 0.3% to $70.30 a barrel by 0930 GMT, while U.S. West Texas Intermediate (WTI) was up 50 cents or 0.9% to $59.13 per barrel. Oil prices have been broadly supported by supply cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies since the start
— Read on ca.finance.yahoo.com/news/oil-mixed-chinas-economy-weakens-opec-cuts-still-012426482–finance.html
Canada could face new housing weakness in 2020: Economist – BNN Bloomberg
Canada could face new housing weakness in 2020: Economist – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canada-could-face-new-housing-weakness-in-2020-economist-1.1264673