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Latest Articles

Warsh Says He Will Sell Canadian Equity Fund if Confirmed as Fed Chair

Warsh Says He Will Sell Canadian Equity Fund if Confirmed as Fed Chair

Kevin Warsh, President Biden's nominee for Federal Reserve chair, has amended his financial disclosure to state he will divest holdings in the iShares S&P/TSX 60 Index (XIU) if confirmed. The pledge, filed April 17 to the Fed’s ethics officer and amending an April 10 filing, follows guidance that his prospective duties could affect the fund’s finan…

Canadians Expect Middle East Conflict to Push Up Prices, Bank of Canada Survey Finds

Canadians Expect Middle East Conflict to Push Up Prices, Bank of Canada Survey Finds

The Bank of Canada’s first-quarter 2026 consumer survey indicates households anticipate the Middle East war will weaken Canada’s economy and lift inflation. The survey—conducted in February with follow-up interviews into early March and a dedicated survey after the conflict began—shows persistent cost-of-living concerns, softer labour market sentim…

Canadian Business Confidence Edges Up in Q1 2026, Survey Shows

Canadian Business Confidence Edges Up in Q1 2026, Survey Shows

A Bank of Canada Business Outlook Survey conducted in early 2026 found a modest improvement in business sentiment, with fewer firms planning for a recession, stronger investment intentions and hiring plans near historical averages. While firms surveyed before the Middle East war expected stable input and selling-price growth, follow-up calls after …

Core & Main: A Reliable Cash-Flow Compounder with Room to Re-rate

Core & Main: A Reliable Cash-Flow Compounder with Room to Re-rate

Core & Main (CNM) is a specialist distributor for water, wastewater and related infrastructure whose fundamentals—$604M free cash flow, return on equity ~22%, and EV/EBITDA ~12.6—support a long-term core position. We outline an actionable trade: enter at $50.00, stop at $46.00, target $62.00 over a long-term (180 trading days) horizon.

Corporate Borrowing Surge Suggests Pockets of US Economic Resilience

Corporate Borrowing Surge Suggests Pockets of US Economic Resilience

U.S. banks reported a marked rise in commercial lending last week, signaling that companies are drawing on credit to support operations even as inflation, geopolitical tensions tied to the Iran war, and uneven labor trends cloud the outlook. Large lenders showed double-digit growth in business loans, while consumer borrowing expanded more modestly …

Bank of Canada survey: Business sentiment rose before Iran conflict, but exposed firms expect input cost pressures

Bank of Canada survey: Business sentiment rose before Iran conflict, but exposed firms expect input cost pressures

A Bank of Canada quarterly survey found that Canadian firms' outlooks were improving in February, before the Iran war began on Feb. 28. A subsequent, smaller March survey of firms likely to be directly affected showed many businesses expected increases in input prices, particularly for fuel, freight, fertilizers and through exchange-rate movements.…

Buy ICICI Bank on Momentum: A Swing Trade After Q4 Re-rating

Buy ICICI Bank on Momentum: A Swing Trade After Q4 Re-rating

ICICI Bank (IBN) has the technical and valuation setup for a confident swing trade after a recent re-rating. At a market cap of roughly $105.2B, P/E of 16.8 and PB of 2.65, the stock is showing bullish momentum (RSI 64, positive MACD) and tighter short-interest dynamics. This trade targets a move toward prior 52-week highs while keeping a disciplin…

PayPal at a Discount: A Mid-Term Long for the Turnaround

PayPal at a Discount: A Mid-Term Long for the Turnaround

PayPal trades below $51 with an earnings multiple under 9 and free cash flow north of $5.5B. Recent execution stumbles and a management change created an entry point. This trade targets a rebound as revenue growth stabilizes and operating leverage reappears; plan is a mid-term swing for 45 trading days with a defined entry, stop and target.

White House Says UAE Currency-Swap Line Is Unlikely to Be Required

White House Says UAE Currency-Swap Line Is Unlikely to Be Required

White House National Economic Council Director Kevin Hassett indicated that a formal currency-swap arrangement for the United Arab Emirates is probably unnecessary, even after UAE officials raised the option during meetings with U.S. financial authorities in Washington. UAE Central Bank Governor Khaled Mohamed Balama discussed the potential of a sw…