Goldman calls for modest gains in U.S. stocks next year
High valuations curb return potential despite strong economic growth
- By: James Langton
- November 21, 2023 November 21, 2023
- 13:20
High valuations curb return potential despite strong economic growth
Strong U.S. economy single-handedly drives G7 results
Report suggests there is no need for further rate hikes
Firms are puzzling out how to balance significant overhead costs with advisor support
The banking leader repeatedly failed to submit information to the regulator
SEC approves SRO rules to facilitate work-from-home supervision
Experts want a straightforward eligibility criteria and clarity on provincial clawbacks
The CPI report Tuesday morning will be followed by the government's fall economic statement
Most adjustments were related to calculation errors and lack of documentation rather than ineligibility
Regulator's planned guidance comes alongside Basel Committee initiative
Recent ransomware attack highlights financial sector's vulnerability
High rates and demand led the firm to re-enter the market five years after exiting
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales