are pushing stocks lower as the Dow Jones Industrial Average has fallen by over 400 points Wednesday morning. Shelter and energy costs have beenInteractive Brokers Chief Strategist Steve Sosnick and Tematica Research CIO Chris Versace react to this morning's inflation figures. Sosnick found the inflation print to be somewhat alarming, especially for"When you look at the data, particularly the core CPI on a year-over-year basis for the last six months, it's trapped between this 3.
The central bank noted that while CPI and core inflation have eased, it is looking for evidence that momentum is sustained.When it comes to a top TSX stock, this energy stock has been doing quite well in 2024. But is it the business or the market in general? The post I Wouldn’t Touch This TSX Stock With a 60-Foot Pole appeared first on The Motley Fool Canada.
What do you do if the US stock market suddenly drops by 25%? The late founder of Vanguard Group’s sage adviceThis stock has a dividend yield of 18.6%. Such unrealistic yields spell risk in capital letters. You should not touch it with a 10-foot pole. The post Why I Won’t Touch This 18.6%-Yielding Dividend Stock With a 10-Foot Pole appeared first on The Motley Fool Canada.Trump Media & Technology Group shares were dropping again early on Tuesday after a sharp fall the previous day.
Identifying the right stock to sell from your portfolio may be just as important for its health as choosing the right stocks to add to it. The post 2 Canadian Growth Stocks to Buy and 1 to Sell appeared first on The Motley Fool Canada.Not all gold stocks might ride the sector-wide bullish momentum similarly. Some might catapult to new heights, while others may lag. The post If Gold Prices Continue to Climb, These 3 Stocks Could Skyrocket appeared first on The Motley Fool Canada.
NEW YORK — British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative. S&P Global Ratings blamed big government spending as it dropped its credit rating for the province and BC Hydro's provincially guaranteed unsecured debt from AA status to AA-minus. It's the third rating drop since 2021, when B.C. lost AAA status.
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