Goldman discusses what the Fed policy outlook means for equities
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US, Iran Trade Wave of Attacks as Tehran Says Hormuz Closed
(Bloomberg) — US forces struck Iran for a third time in a week, prompting retaliatory attacks from Tehran as it declared the Strait of Hormuz would be closed “until further notice.” Read More
US Launches Fresh Iran Strikes After Tehran Closes Hormuz
(Bloomberg) — The US launched its third round of strikes on Iran this week as Tehran declared that it’s closing the Strait of Hormuz “until further notice.” Read More
Digital Extremes Reveals the Future of Warframe and Soulframe Alongside Millions of Players at Annual TennoCon Celebration
LONDON, Ontario — Digital Extremes celebrated 11 years of TennoCon with its record-breaking community celebration today attended by thousands of guests and streamed live to millions of fans around the world. Join more than 85 million other players and embark on the road ahead for Warframe, starting with the full gameplay reveal for Warframe : Tau, the next Narrative Chapter that takes players to an all-new Star Chart, the Tau System, launching for free on all platforms this year. Soulframe also debuted a new gameplay demo as part of the TennoLive finale, revealing a new corrupted player progression path, a fishing mini-game, and the long-anticipated mount system. Read More
Warsh and US Inflation Will Set Tone for July Fed Decision
(Bloomberg) — Kevin Warsh is about to make his first appearance before Congress as Federal Reserve chairman, and during two days of testimony he’ll have new US inflation data to parse with lawmakers. Read More
Stocks Priced for ‘Sunshine and Rainbows’ Now Face Earnings Test
(Bloomberg) — Wall Street is anticipating a near-record earnings season, but for investors a key question remains: Will it be enough to keep stock market bulls running? Read More
Opinion: Bank of Canada should ignore the Fed and keep talking
Communication is key to central banking. And key to that communication is the fine line between creating confusion by saying too much and creating unnecessary uncertainty by saying too little. Under its new Chairman, Kevin Warsh, the United States Federal Reserve is headed in the direction of minimalism. We think the Bank of Canada should keep talking and should also start providing projections of the path of interest rates. Read More
This TSX stock could be looking at up to 35% upside, analyst says, as price target hikes flood in on ‘impressive’ earnings
Why two Canadian stocks were added to a global list of top 30 stock ideas, which metals got price hikes and which saw cuts, and more from The Week in Stocks. Read More
AI Echoes the Dot-Com Market Split as Iran Threat Creeps Back
(Bloomberg) — It was a split-screen week on Wall Street. Read More