Canada has been a primary target for short sellers since 2013. The principal reasons are the country’s very expensive housing, particularly in Toronto and Vancouver, and consumer debt levels that are among the highest in the world. Canada also has an expansive private mortgage market that supplies credit when banks won’t. It is hard to argue with the vulnerabilities. And ...

Bloomberg Anything is still possible for next week’s UK election, but one outcome would suit many stock investors better than most. “For equities, the best result is a decent Conservative majority,” said Kim Catechis, head of investment strategy at Martin Currie, an affiliate of Legg Mason Inc., managing about $17 billion. A decisive victory for Boris Johnson would see domestic ...

Bloomberg Saudi Arabia’s main equity index advanced the most in more than a year after the pricing of Saudi Aramco’s initial public offering and amid hopes of higher oil prices. The Tadawul All Share Index rose 2.4% on Sunday, the most for a session since October 2018. The kingdom raised $25.6 billion from the world’s biggest IPO after selling shares ...