The so-called “headline” news has been alarming. U.S. stocks were reported last week to have gotten off to their poorest first half start in 50 years, falling by about 21 per cent since the beginning of the year.
And Canadian house price increases have finally been curbed, conspicuously in Toronto, where prices are down as much as 20 per cent. Other investors double down on the market by hastily “buying on dips.” They take a chance on stocks that have dropped in price but are still overvalued. It’s worth noting that the current bear market follows a long bull market driven by almost freakishly low interest rates by historic standards.But the central banks will eventually curtail their interest rate hikes and begin lowering rates once they are confident that “price stability” has been achieved.
Canada’s Big Six banks, for instance, are down almost 12 per cent as a group from their peak early this year.
Always sensible- that’s David Olive. Glad he’s with The Star!
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Asian stocks higher after Fed says rate hikes may be neededAsian stock markets gained Thursday after the Federal Reserve said higher U.S. interest rates might be needed to cool inflation. IStandWithDutchFarmers Ok let’s just get it done. Let’s go back to 1982 and set the prime rate to 21% when JT’s PET WAS IN POWER 🖕🖕🖕 to Canadians Wait....what? Didn't the Asian markets take a hit the last time the Fed said they'd be raising rates?
더 많은 것을 읽으십시오 »
FP Answers: Is it right to draw on stocks for retirement income in good market years, and GICs in bad ones?Is it right to draw on stocks for retirement income in good market years, and GICs in bad ones? FPAnswers Investor Stocks Retirement GICs
더 많은 것을 읽으십시오 »