There has been a lot of commentary of late about the disconnect between oil prices and energy stocks - and for good reason. West Texas Intermediate is now down 34% from its 52-week high whereas the energy sector in the U.S. is within 4% of its high. This is a notable divergence because, over the last five years, the correlation between the two is 77%.
Royal Bank of Canada is tweaking its dividend program to help build up its capital reserves. The move, , gives RBC investors the opportunity to reinvest their dividends at a 2-per-cent discount to the price of the shares.Angry demonstrations in China over the country’s harsh zero-COVID policies stand little chance of toppling the country’s authoritarian government, but that doesn’t mean they won’t reverberate in your portfolio in more subtle ways,
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »