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,
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