As earnings continue to come out mixed, and raising the probabilities of an upcoming recession, leave it to the regional banks to once again take center stage. Many analysts…
Market Moment
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as…
The US stock markets continue their chop fest and range as the rally to start 2023 is set to be tested by first quarter earnings. Investors have been expecting…
With headlines of inflation, market uncertainty, bank troubles, impending recession headlines, and geopolitical risks increasing, one can understand why money is running into hard assets. I have always maintained…
Contrarian headline, I know. But as we start the week off, the US Dollar is picking up an early bid. A bid which could have been foreseen on the…
As has been the case in recent months, US consumer price index (CPI) data have been highly anticipated. This is due to the market moving narrative of the Federal…
Bitcoin climbed above a key psychological zone of $30,000. According to Coin Metrics, Bitcoin is up 6.38% for the day. On Monday night it climbed 7% to break through…
Toronto Dominion (TD) Bank has recently become the world’s most shorted bank, sparking concerns of a potential banking crisis in Canada. Hedge fund bets against TD Bank reached a…
The banking crisis may be about to hit Canada. In recent weeks, we have seen regional banks in the US get hit resulting in quick action from the Fed…
Weaker US data and ongoing global uncertainty and volatility has seen gold price rise. When it comes to the uncertainty side of the equation, this week saw OPEC+ surprise…