iShare Blog

  EFT - mostly Uranium that we discussed at the last two meetings, took another steep drop today (May 4). I got in when it started to rise, put in a sell price, and before I knew what was happening, it was gone...too soon, but with a profit. One to watch and put in an alert for a sudden drop. There were two recent drops as you can see on the chart. IMG (IAMGold) was downgraded and tanked. I got in when it started rising. Another one to watch. It will probably creep back up.

 A regular meeting at Picasso's Group picture at Picasso's Christmas party

Macklem’s Words Boost Bets on 75 Basis-Point-Hike in Canada Erik Hertzberg Fri, April 22, 2022, 10:15 a.m. · 3 min read  Bloomberg) -- Traders placed bets on a 75-basis-point rate hike from the Bank of Canada after Governor Tiff Macklem acknowledged the potential for rapid increases to borrowing costs to curb inflation that’s at a three-decade high. Most Read from Bloomberg The Second Wave of the Russian Oil Shock Is Starting Kremlin Insiders Alarmed Over Growing Toll of Putin’s War in Ukraine Ukraine Latest: U.S. Says It Has Slowed Tech Goods to Russia U.S. Blasts China’s Support for Russia, Vows to Help India Ukraine Latest: Russia Aims for South as Scholz Fears Broad War Macklem and his officials delivered the first 50-basis-point increase in interest rates among Group of Seven nations last week. Asked Thursday evening about the possibility of moving by more than that amount at a future decision, Macklem said he was “not going to r...

Another article from the globe on inflation and interest rates Carrick on Money: A four-alarm warning about inflation’s impact on your finances     April 21, 2022           FRED LUM/THE GLOBE AND MAIL      A four-alarm warning about inflation's impact on your finances - Plus, a deep dive into rental car collision-damage protection available from reward credit cards and the unaffordability problem in housing explai...

Banks cleared to raise dividends , hike executive pay after OSFI lifts restrictions

From The Economist today: China’s property-debt crisis escalated as shares of Kaisa Group, a property developer, were suspended on Hong Kong’s stock exchange after one of its units missed a payment on a wealth-management product. After Evergrande, Kaisa has the heaviest offshore debt burden in China’s property sector. Reuters reported that Kaisa plans to sell assets worth $13bn by the end of 2022 to stay afloat.