CIBC World Markets bullish on energy-rich TSX
Strong loonie will curb returns on foreign stocks
CIBC World Markets’ economics and strategy team is shifting from a stance favouring bonds and cash to a balanced portfolio.“The bond market has gone a long way towards pricing in our tame outlook for North American growth and inflation. So much so, that with the risks of an excessive bond market reaction to even a […]
Transportation sector primed for recovery
Oil prices weighing on equities
Future of interest rates remains uncertain
Disappointing Q2 earnings expected to weigh on stocks
Says bonds, energy stocks an effective hedge against Mid-East terror risks
Uncertainty surrounding federal elections in Canada and the United States could spell weakness in stocks, strength in bonds, and more selling in the U.S. dollar, say economists at TD Bank Financial Group.Neither election is a slam dunk for the incumbents. TD notes that in Canada, some recent polls suggest the possibility of a minority government. […]
Brokerage sticking with targets for S&P 500, S&P/TSX composite