Vancouver condos decline most by price per square foot: Royal LePage – BNN Bloomberg
— Read on www.bnnbloomberg.ca/vancouver-condos-decline-most-by-price-per-square-foot-royal-lepage-1.1307638
Tilray (TLRY) Stock Target Slashed by 60% at Cowen – Bloomberg
The street’s biggest bull on Tilray Inc. is feeling significantly less bullish, slashing her price target on the pot stock by 60%.
— Read on www.bloomberg.com/news/articles/2019-09-03/tilray-s-biggest-bull-slashes-pot-stock-s-price-target-by-60
Negative Interest Rates Threaten the Financial System
(Bloomberg Opinion) — Former Federal Reserve Chairman Alan Greenspan recently said he wouldn’t be surprised if yields on U.S. bonds turned negative and if they do, it wouldn’t be “that big a of a deal.” That seems to be a sentiment widely held in central banking circles these days, but it’s wrong. Negative
— Read on ca.finance.yahoo.com/news/negative-interest-rates-threaten-financial-090010984.html
Think August Was Bad? Here Comes Worst Month for Canadian Stocks
(Bloomberg) — After enduring a bumpy ride in August, investors in Canadian stocks need to brace for more volatility in September, typically the worst month of the year for equities.In the past 10 years, the S&P/TSX Composite Index has dropped an average 1.5% in September, as the end of summer, return
— Read on ca.finance.yahoo.com/news/comes-worst-month-canada-stocks-123451218.html
Electric Car Sales Fall for First Time After China Cuts Subsidy
(Bloomberg) — Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market.Monthly sales worldwide fell 14% to about 128,000 plug-in passenger electric vehicles,
— Read on ca.finance.yahoo.com/news/electric-car-sales-fall-first-060600502.html
U.S. Manufacturing Contracts for First Time in Three Years – Bloomberg
U.S. factory activity unexpectedly contracted in August for the first time in three years as shrinking orders, production and hiring pushed a widely followed measure of manufacturing to its lowest level since January 2016.
— Read on www.bloomberg.com/news/articles/2019-09-03/u-s-manufacturing-contracts-for-first-time-in-three-years
Trump pressures China to make deal soon, or it’ll get tougher if he wins in 2020
“Think what happens to China when I win. Deal would get MUCH TOUGHER,” President Donald Trump tweeted.
— Read on www.cnbc.com/2019/09/03/trump-says-us-doing-very-well-in-our-negotiations-with-china.html
10-year US yield dives to 3-year low after manufacturing contracts
The yield on the 10-year Treasury note dove to its lowest rate since 2016 after a report on U.S. manufacturing sector it contracted.
— Read on www.cnbc.com/2019/09/03/us-bonds-wall-street-monitors-economic-data-treasury-auctions.html
Morgan Stanley: Get defensive as ‘recession fears emerge’
Morgan Stanley’s Mike Wilson is advising clients to dump growth stocks and buy defensive names as the “demand destructive” tariffs are fanning recession fears.
— Read on www.cnbc.com/2019/09/03/morgan-stanley-get-defensive-as-recession-fears-emerge.html
As Poloz takes the spotlight, Bay Street eyes rate cut clues – BNN Bloomberg
As Poloz takes the spotlight, Bay Street eyes rate cut clues – BNN Bloomberg
— Read on www.bnnbloomberg.ca/as-poloz-takes-the-spotlight-bay-street-eyes-rate-cut-clues-1.1309317