Investors are shrugging off two reports this week that showed annual inflation ticked up last month, betting that the Federal Reserve will still soon cut interest rates. The first and most closely watched report, the consumer price index, indicated that inflation ticked up to 3.4% for the year ending in December 2023, up from 3.1% the
It is no surprise that Canadian ETF launches slowed to a halt for the month of December as most issuers concentrated activity in distribution announcements to close out the year. Based on the Scotia ETF EDGE reports from December 2 to December 29, spanning a four-week period, Canadian ETFs saw an inflow of $3.3 billion,
The S&P 500 index is up just a fraction in 2024 so far, but a number of big caps are off to a strong start. X Nvidia (NVDA), the No. 1 S&P 500 stock performer in 2023, is leading the way again. That is, excluding Juniper Networks (JNPR), which spiked last week as Hewlett Packard
Taiwan’s President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and the ruling Democratic Progressive Party’s (DPP) presidential candidate looks on during a campaign rally ahead of the elections in Taipei, Taiwan, January 11, 2024. Carlos Garcia Rawlins | Reuters China sees the DPP as a threat to its ultimate aim of “reunification” with
The real estate sector in India attracted over $5.8 bn institutional investments across 53 deals in 2023, a 14% percent increase compared to 2022. However, looking ahead to 2024, it may be necessary to closely monitor the trends in capital flows as prolonged uncertainty and monetary tightening in developed countries may lead to an increased
9 Hours Ago Goldman Sachs says it’s time to buy this unloved global sector — and names some top stocks Europe’s utilities sector may have come under pressure over the past three years, but Goldman Sachs says a shift is underway, naming stocks to play the industry in 2024. “We believe that the improved outlook
Peach_iStock There has been an increased chatter around private credit players and how they are poised to benefit from the current tailwinds that are associated with higher interest rate environment and more risk-averse (regulated) traditional banking sector. Since the Fed decided to become more restrictive, the overall BDC space has gone nowhere but up, outperforming
CRISPR Therapeutics (CRSP -0.91%) has put itself on the map of the healthcare industry as a serious player in gene editing. Now that it has an approved treatment in Casgevy, there’s undoubtedly going to be more of a spotlight on the company. Gene-therapy treatments are growing in popularity, and for a larger healthcare company that
A popular investing strategy focused on buying the highest yielding stocks among a select group of blue chips each year is a proven long-term winner. This year’s dogs look ready to run. By John Dobosz, Forbes Staff Like metallurgists of antiquity who sought a method for turning base metals into gold, stock market investors are
On Wall Street in the week ahead, investors will eye quarterly earnings reports and the energy market as the Middle East tensions could spark a further rise in oil prices. Last week, oil prices climbed after US and British airstrikes in Houthi-controlled areas of Yemen added to the ongoing tensions in the Middle East. Investors