The recent losses on the Toronto Stock Exchange were driven by unwarranted fears that the U.S. subprime meltdown would seriously impact global growth, finds a new CIBC World Markets report.“Investors followed a circuitous route to link U.S. mortgages to Canadian equities over the past month,” says Avery Shenfeld, senior economist at CIBC World Markets. “Losses […]
CIBC World Markets report expects TSX to return 18.5% in 2007
Fears of a decline sparked by demographics greatly exaggerated, says CIBC World Markets
B.C. economy likely a seller of credits
Rise in total contributions masks growing income disparity
OECD governments intensify efforts to cut carbon emissions
Miracle Day generated more than $3.7 in Canada
Oil sands the final frontier, says CIBC World Markets
Traders donate commissions to children's charities
With 50% annual growth, subprime mortgage market is the fastest-growing segment of the market