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TSX Today: What to Watch for in Stocks on Wednesday, August 20
The Canadian stock market rollercoaster continued on Tuesday as investors reacted to fresh consumer inflation data and ongoing labor disruptions. The S&P/TSX Composite Index slipped by 99 points, or 0.4%, to settle at 27,824 — marking its lowest close in a week. As Canada’s latest consumer price index (CPI) showed a 1.7% rise in July…
Operation Chokepoint 2.0: Unraveling the Regulatory Controversy
Background on Operation Chokepoint 2.0 Operation Chokepoint 2.0 is a term coined by critics to describe what they perceive as a coordinated effort by U.S. federal regulators to restrict banking services for cryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies…
US asset prices are rising despite falling money supply By Investing.com
Gavekal Research strategists highlighted the unusual trend of US asset prices climbing despite a contraction in money supply, a divergence from the typical correlation where excessive money supply growth favors asset price increases. While the traditional link has shown signs of weakening, US equity prices, along with other assets such as gold, cryptocurrencies, and industrial…
Salesforce, Dollar General, and Dell Technologies: Earnings Previews for Next Week
Get Email Alerts and Follow Us: Salesforce (CRM) – Anticipating the Fiscal First-Quarter Results As the only Dow Jones stock on the earnings calendar for the upcoming week, Salesforce (CRM) is set to disclose its fiscal first-quarter results after the market closes on Wednesday, May 29, 2024. The anticipation surrounding this announcement is significant, with…
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