Economy

Income gap and luxury markets expand

The Financial Times reports the worldwide market for luxury goods will hit $1.5 trillion this year -- about equal to the entire economic output of Spain or Australia -- as the number of wealthy grow in emerging markets like Brazil and China.

By Staff |June 5, 2012

1 min read

Morning roundup: Layoffs at Goldman Sachs; G7 leaders meet today

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are a few: Layoffs at Goldman Sachs Have you heard about the layoffs at Goldman Sachs? If you answered no, you’re not alone. Sources inside the firm say 50 people, including some […]

By Staff |June 5, 2012

2 min read

How to analyze prospective investments

The best way to achieve results in unstable markets is to intensify individual equity analysis, says David Graham, vice president and portfolio manager at CIBC Asset Management.

By Martha Porado |June 5, 2012

2 min read

Equity sectors face losses in May

All Canadian equity sectors ended May with losses, and only eight of the 42 categories tracked by Morningstar Canada Fund had flat or positive results.

By Staff |June 4, 2012

1 min read