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by 13 per cent and the S&P 500 Index by nearly 20 per cent in less than a year.
The tide is still going out as central banks wind down their inflation-fighting rate hikes but the question driving up the fear gauge is whether it can be contained by the measures governments and central banks are taking. Another way of putting it is “contagion.” Similarly, the energy sector has tanked by 12.5 per cent since the start of 2023 compared with technology, which is up by nearly the same amount. It was the opposite in 2022 when technology tanked and energy rallied.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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BNN Bloomberg - Canadian Business News, TSX Today, and Bank of CanadaFear is no basis to make rational investment decisions and that is what good investment advisors are telling their clients. As Dale Jackson writes for like in any market turmoil, there are teachable moments that could morph into…
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OSFI takes permanent control of SVB's Canadian branch assets - BNN BloombergThe Office of the Superintendent of Financial Institutions announced it's taking permanent control of Silicon Valley Bank's Canadian assets in order to protect creditors, according to a press release.
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Alimentation Couche-Tard reports earnings of US$737M in third quarter - BNN BloombergAlimentation Couche-Tard says it earned US$737.4 million in its third quarter ended Jan. 29, down 1.2 per cent from a year earlier.
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Flair launches $50M lawsuit against leasing companies following plane seizures - BNN BloombergFlair Airlines has filed a $50-million lawsuit against several plane-leasing companies over the 'unlawful' seizure of four of its aircraft over the weekend.
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European stocks waver as Credit Suisse shares soar - BNN BloombergEuropean stocks pared an early rally on Thursday and bonds fell as traders braced for a European Central Bank rate decision amid concerns about the outlook for economic growth, even as bank shares rebounded after Credit Suisse Group AG's lifeline.
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Couche-Tard to buy TotalEnergies assets for US$3.3B - BNN BloombergCanadian convenience-store operator Alimentation Couche-Tard Inc. agreed to buy almost 2,200 gasoline stations in Europe from TotalEnergies SE for €3.1 billion (US$3.3 billion).
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