Recent Posts

Canada stocks fall, snap 3-day gain as commodities slide

  Bloomberg Canada stocks fell the highest level in a year, halting a three-day advance as commodities producers retreated with crude and gold. The S&P/TSX Composite Index lost 0.3 percent to 14,555 at 9:56 a.m. in Toronto. The benchmark is up 12 percent in 2016, making Canadian stocks more expensive than their U.S. peers, with a price-earnings ratio of 22.4 ...

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Is job insecurity overstated?

WASHINGTON If economic commentators (including me) seem to agree on one thing, it is this: Jobs in America have become less secure. If you’ve got an OK job, don’t let go, because you may not be able to find another. The conventional wisdom is widely shared — but it may be wrong. We now have an intriguing report from a ...

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Fed meet to decide on interest rate hike

  The upcoming Federal Reserve meeting will be the first since last month’s shock vote in Britain to leave the European Union. It is expected to hold rates even as traders hope for guidance on policy plans. The uncertainty is a blessing in disguise as pledges are being made around the world to provide support to financial markets. The impact ...

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