Rebooting Canada’s failed NAFTA strategy

By Danny Lam, Research Associate Environment & Security, University of Waterloo. Canada’s NAFTA strategy is in big trouble. Prime Minister Justin Trudeau is seen here meeting with U.S. President Donald Trump in the Oval Office of the White House in February 2017. (THE CANADIAN PRESS/Sean Kilpatrick) Canada’s NAFTA strategy is in trouble, to the extent that… Please follow and like us:

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Bull Market Should Run Another 3 Years: Goldman

Goldman Sachs says the bull market in U.S. stocks should continue for another three years. In its latest market outlook, Chief U.S. Equity Strategist David Kostin is forecasting a 15% gain in the S&P 500 over that period with a target of 3,100 by the end of 2020 and a 7% gain in the index this… Please follow and like us:

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Jamie Dimon: Blockchain is real; Fannie Must Be Protected From Politics

JPMorgan CEO Jamie Dimon on Fannie Mae and Freddie Mac, the SALT deduction, President Trump, bitcoin, the outlook for M&A and Federal Reserve policy.  Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet,… Please follow and like us:

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Corporate Tax Rate Changes Might Result In Company Deleveraging

Since the financial crisis, the total value of debt owed and issued by US corporations has ballooned. Bingeing on low-interest rates, companies have borrowed heavily to finance acquisitions, buybacks, and dividends with few, if any repercussions. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free!… Please follow and like us:

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Since 1926, Entire Market Gain Is Due To Four Percent Best Performers

Why do active managers underperform broad-based stock indexes? Hendrik Bessembinder of Arizona State thinks he might have the answer. The vast majority of stocks have failed to outperform T-Bills, he points out in a study. It is only a small percentage of stocks that lead indexes higher. On a statistical basis, selecting individual issues means the… Please follow and like us:

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IPOs and Secondaries: All you need to know to play the game

WASHINGTON, September 29, 2017 – At last it’s the wild and wooly last trading day of the month and of Q3 2017. What a boring and rather negative month it’s been for us! Window-dressing and other geeky trading moves are currently masking Mr. Market’s real intentions. We’ll need to wait and see if the generally favorable… Please follow and like us:

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Concentrated Stock Investing Through a New Lens

Many investors have amassed vast wealth by acquiring and holding concentrated stock. Some were bequeathed stock. Others acquired stock via liquidity events, or throughout their careers at public companies. Some investors, like Warren Buffett, famously employ concentrated stock investing (CSI). There’s considerable empirical evidence to support CSI’s outperformance.[i] The premise underlying CSI runs counter to the… Please follow and like us:

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Bernstein: Death of 60:40 Portfolio Allocation Upon Us

For several decades, as bond prices have trended cyclically higher, a common “diversified” portfolio was a 60% allocation to stocks and a 40% allocation to bonds. With US interest rates at historic lows – and bond prices at all-time highs – Bernstein answers “three big questions,” among them: “Is 60:40 dead?”. In brief, the answer is… Please follow and like us:

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Law revision signals better stock market supervision

BEIJING — China is expected to improve stock market supervision with stricter measures, better information disclosure and strengthened investor protection, said a draft amendment of the Securities Law read by lawmakers on Monday. The country’s securities regulator will be authorized to adopt more measures in law enforcement and impose tougher punishments for violations to better monitor… Please follow and like us:

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The Groups and Businesses Cheering the Fed’s Rate Hike

This article originally appeared on The Conversation. The Federal Reserve this week lifted short-term interest rates a quarter point and signaled that more hikes are to come over the course of the year. The Federal Open Market Committee raised its benchmark lending rate to a range of 0.75 percent to 1 percent, as expected, and projected… Please follow and like us:

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Bull Market – How Much Is Left In The Tank?

Key Takeaways The bull market celebrated its eighth birthday last week on Thursday, March 9, 2017. During that eight-year period, the S&P 500 Index tripled in value including dividends. Although valuations are rich and policy risks are high, none of our favorite leading indicators are sending signals suggesting the bull market is nearing its end. We… Please follow and like us:

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