Asset allocation switches to cash
Investment managers divided on prospects for energy and materials sectors
Investors need to resist urge to duck for cover
Raymond James identifies 17 companies poised to benefit
Financials have attractive reward/risk profile
Episode is very similar to the recession fears of 1998
Selling pressure is more about fear than reality, economist says
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 […]
S&P/TSX composite to hit 15,000 by year end
Managers bearish on bonds