Economy

Bear market rally: Wait for it…

Everybody wants to know where the bottom is these days. Happily, analysts are beginning to say preconditions for a recovery are slowly coming into place, but they also say repairing the damage done by a bear market takes time and this current uptick is beginning to look a little long in the tooth. Andy MacLean, […]

By Kate McCaffery |April 20, 2009

4 min read

A little cheating costs a lot

Behavioural economists are having a field day with the market meltdown, as traditional cost-benefit analysis and self-interest give way to more penetrating insights about how people can be systematically wrong — and how small acts can lead to broader failures. “This whole thing with the market falling was very good for us,” says Dan Ariely, […]

By Scot Blythe |April 16, 2009

5 min read

Latest rally unsustainable: CIBC

The latest upturn in the stock markets is likely unsustainable in the near-term, as the global economy remains weak and corporate earnings have yet to recover, according to the latest investment strategy report from CIBC. “March’s horrible jobs numbers and onerous debt levels suggest U.S. consumers — a key driver of past recoveries — continue […]

By Steven Lamb |April 13, 2009

3 min read

Signs of confidence emerge

Canadians appear to be regaining their confidence in the financial markets, according to a survey by Manulife Financial, with improved sentiment toward eight out of ten investment options. Whether this optimism will hold is another question. “Canadians generally suggested they favoured safer havens over the past six months, but a number of indicators seem to […]

By Steven Lamb |April 8, 2009

3 min read