Italy criticizes ECB over Monte Paschi capital decision – Article – BNN

The European Central Bank should have explained more clearly why it nearly doubled its estimated capital shortfall for the ailing Monte dei Paschi di Siena bank, which is being bailed out by the state, Italy’s economy minister said.

Source: Italy criticizes ECB over Monte Paschi capital decision – Article – BNN

Why housing pessimism is hurting the Canadian dollar – Article – BNN

“The Great Canadian Short – short the banks, short the housing-related stocks – that may be slipping into the dollar as well but I think we are putting a lot of long-term economic hopes on short-term phenomenon,” Lyle Stein, senior portfolio manager at Vestcap Investment Management, told BNN early Wednesday.

Source: Why housing pessimism is hurting the Canadian dollar – Article – BNN

New mortgage rules good for banks, costly for borrowers: RateSpy – Article – BNN

“If you compare summer 2016 to summer 2017 you are going to see a half-point bump — maybe even a three-quarter percentage point bump in interest rates just because of what they are doing in Ottawa,” Rob McLister, founder of RateSpy.com, told BNN in an interview.

Source: New mortgage rules good for banks, costly for borrowers: RateSpy – Article – BNN

From digital boards to big, bad Amazon: Things to watch in retail in 2017 – Business – CBC News

Competition among Canadian retailers continued to heat up this year, with some brands beefing up their stores and e-commerce offerings and new competitors joining the market. Here is what’s ahead for 2017.

Source: From digital boards to big, bad Amazon: Things to watch in retail in 2017 – Business – CBC News

Investors often make these two big mistakes when waiting for a market drop, Jeremy Siegel says

Jeremy Siegel, professor of finance at the Wharton School of Business, warns of these mistakes investors could be making.

Source: Investors often make these two big mistakes when waiting for a market drop, Jeremy Siegel says

Why housing pessimism is hurting the Canadian dollar – Article – BNN

“The Great Canadian Short – short the banks, short the housing-related stocks – that may be slipping into the dollar as well but I think we are putting a lot of long-term economic hopes on short-term phenomenon,” Lyle Stein, senior portfolio manager at Vestcap Investment Management, told BNN early Wednesday.

Source: Why housing pessimism is hurting the Canadian dollar – Article – BNN