Bank of Canada expected to cut interest rate this week as forecasters see more weakness to come for economy
“The unfortunate turn for the worse in trade uncertainty and the wave of announcements in recent days and weeks on the auto sector, with production shifting away from Canada, has tilted the balance in favour of more rate relief sooner,” Bank of Montreal chief economist Douglas Porter, said.
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Is The MOST Extraordinary Space Stock?
The past year has been a travesty for SPAC holders. Some reports claim almost 80% of SPACs are under water. It’s not a stretch to conclude SPACs were a vehicle brought to retail investors to drive hype and ultimately leave them as bagholders. But painting all SPAC companies with a broad stroke risks passing over the diamonds in the rough.
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Read MoreThe Ivy
Market Commentary: Hot Semi Stock with 38.6% Upside
Semiconductor stocks have been especially popular this year due to their role in the emerging AI industry, and SMART Global Holdings (SGH) stock is no exception. The company produces computing platform solutions, computer memory solutions, and LED chips and components through multiple brands.
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