It’s been a very rough first four months of 2022 for investors. Fed Chair Jerome Powell signaled that a 0.50 percentage point increase in the federal-funds rate is a likely outcome. “We’ve now gone two years getting paid nothing for cash, and you’re finally going to start earning money for cash in money market accounts […]
The government plans to implement a “Canada Recovery Dividend,” under which banks and life insurers will pay a one-time 15% tax on taxable income above $1 billion for the 2021 tax year. According to a Canadian Press report earlier today, CIBC ‘s chief executive officer said a tax hike targeting major financial institutions could send […]
Some of the largest stocks in the market still dominate returns to a degree that’s greater than in previous years. For investors, this is a potentially healthier dynamic, with less risk for index-tracking funds and more opportunities for stock-pickers. It’s natural for there to be clusters of outperformance or underperformance in the markets. To measure […]
Morningstar publishes extensively about environmental, social, and governance investing, believing that the ESG movement has staying power. As Bloomberg’s Matt Levine once wrote, the correct price for bitcoin lies somewhere between zero and the value of every global currency, combined. Nassim Taleb , Jamie Dimon, Warren Buffett, and the economist Nouriel Roubini, among other notables, have all […]
For instance, our research found that 28% of respondents reported owning cryptocurrencies–a tremendously large portion of the public investing in an asset that no one really knew about a decade ago. It’s worth noting, however, that the sample of Americans used in our survey is slightly skewed toward those with a lower income. It found that those […]