May 2, 2024
Funds

The Right Balanced Fund Can Carry Your Portfolio. Where to Find It.

One fund to solve all your problems—it’s the dream of every investor who wants the simple life. But for all except aggressive investors with 100% in stocks, it was largely impossible until recently, with interest rates close to 0% before 2022, which rendered the bond portion of any balanced or allocation fund invested in both

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Crypto

Bitcoin Slips. 3 Reasons the Crypto’s Rally Is ‘Solid.’

Bitcoin and other cryptocurrencies were falling Wednesday. The crypto sector was giving back gains after a sharp rally to start the year but some analysts see reasons for continued strength. Bitcoin has fallen 0.6% to $45,372 over the last 24 hours. The largest cryptocurrency broke through $45,000 for the first time in more than a year

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Crypto

Bitcoin Breaks Through $45,000. What’s Powering the Crypto Rally.

Bitcoin and other cryptocurrencies were gaining strongly on Tuesday, with the crypto sector kicking off 2024 with a broad-based rally amid expectations that approval of Bitcoin exchange-traded funds will come as soon as this week. Bitcoin has jumped 7.4% to $45,668 over the last 24 hours. The largest cryptocurrency climbed past the $45,000 level for

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Property

China Is Trying to Fix Its Property Market. The Outlook Isn’t Bright.

Liu Jianguo, a 47-year-old teacher in the second-tier city of Guiyang, considers himself lucky. He lives in a sliver of China where the property market isn’t withering. “I have friends in the big cities,” he said. “They are aware they’re in a bad place for buying or selling real estate.” New home prices in China’s

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Mortgage

‘Wanna-Bet?’ Carson Block Offers Side-Bet on His Blackstone Mortgage Short

At Friday’s price of $21.36, they’re off around 5% since his Dec. 6 critique, while many other real-estate investment trusts have risen by a like percentage in celebration of easing interest rates. Block’s claim that the Blackstone trust will cut its dividend by half—as its borrowers struggle to refinance at higher rates—has stirred the hornet’s

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Investors

Ten Hag Says Man Utd’s New Investors ‘Want To Work With Me’

Erik ten Hag insists Jim Ratcliffe wants to work with him even though he is yet to speak to the British billionaire as he prepares to take control of football operations at troubled Manchester United. Ratcliffe’s INEOS group finally agreed a deal to buy a 25 per cent stake in United on Christmas Eve. INEOS

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Investors

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

The number of shorted shares has grown 23% since the end of 2020, but that doesn’t mean traders are getting more bearish about the market. Thanks to an array of initial public offerings and stock splits, the total number of stock shares has ballooned since the end of 2020—which means the relative short interest has

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Finance

Lessons from the year’s top finance books

Warren Buffett, so the legend goes, reads some 500 pages a day. While you might not make it quite that far over the festive break, we hope you get a bit of time to catch up on your favourite titles. Here, Financial News runs through some of the best books we’ve read this year. Isn’t private

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Investment

Toronto Stocks Climb; AutoCanada Rises on iA Financial Investment

Published: Dec. 27, 2023 at 12:00 p.m. ET By Adriano Marchese Stocks in Toronto were solidly higher in the first trading day in the shortened week following Christmas Day and Boxing Day in Canada. Nearly all sectors were driving the increase in the session, led primarily by health tech, process industries and materials. Consumer durables

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