Page 9 - John Zechner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Daily Chase: Canada loses jobs for first time since April; TSX in unchartered territory The S&P/TSX Composite Index enters today’s session in unchartered territory after climbing more than one per cent yesterday to close at an all-time high of 18,027.57 yesterday, and has now soared more than 60 per cent since bottoming out on March 23. Amazingly, only one index member (sorry, Aurinia Pharmaceuticals) is posting a negative return since then, while Lightspeed POS tops the leaders board with its 553.5 per cent surge. We’ll dive into the outlook for Canadian stocks at 8:20 a.m. ET...

'Speculative binge' powering market records: Money manager BNN Bloomberg VIDEO SIGN OUT North American equity markets’ recent record highs have been partly fuelled by investors taking their chances with extra cash, according to one Bay Street money manager. “You can’t argue that there’s not a bit of a speculative binge going on and that worries me to a degree,” John Zechner, founder of J. Zechner Associates, said in an interview Friday. “But on the other hand, we did get an economic reset last year,” he added. “We had the fastest recession ...

'Speculative binge' powering market records: Money manager BNN Bloomberg VIDEO SIGN OUT North American equity markets’ recent record highs have been partly fuelled by investors taking their chances with extra cash, according to one Bay Street money manager. “You can’t argue that there’s not a bit of a speculative binge going on and that worries me to a degree,” John Zechner, founder of J. Zechner Associates, said in an interview Friday. “But on the other hand, we did get an economic reset last year,” he added. “We had the fastest recession ...

John Zechner's Top Picks: Dec. 29, 2020 BNN Bloomberg VIDEO SIGN OUT Focus: North American large cap stocks MARKET OUTLOOK We head into 2021 with the most widely held consensus on both economic activity and stock market performance we have seen in decades. That alone tends to make us a bit nervous, especially with stock market valuations at record levels, investor sentiment ragingly bullish and speculative activity continuing to surge (think Tesla, SPACs, Bitcoin and IPO fever). Investors expect economic growth to rebound, which makes sense given that millions of COVID-19 vaccine dose...