Stocks: We have income in fixed income again, advisor says

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On the backdrop of rising Treasury yields and a chance the Fed could raise interest rates one last time in 2023, new opportunities are blooming in once...

one last time in 2023, new opportunities are blooming in once-lagging sectors. Ameriprise Financial Private Wealth Advisor Nancy Daoud explains the areas and stocks she is advising clients on investing in.

The stock market is approaching a 'once-in-a-generation' buying opportunity as profits are about to take off almost everywhere, investment firm says -- Costco Wholesale Corp.’s Richard Galanti, who has served as Chief Financial Officer of the warehouse club retailer since 1985, says he views the more than decade-long period of low interest rates in the US as an anomaly.

Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses to transfer dollars or euros abroad.OTTAWA — Bank of Canada governor Tiff Macklem says the central bank held its key interest rate at five per cent in part because of the effect a wave of upcoming mortgage renewals is expected to have on the economy.

 

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