Argentina: Javier Milea’s “Shock Therapy” is necessary but difficult to implement

Argentina: Javier Milea's "Shock Therapy" is necessary but difficult to implement

Argentina’s GDP represents only 0.6% of world GDP. The country’s main trading partners, such as China, the United States and the eurozone countries, are able to absorb the shock. Due to close trade ties with Argentina, only Latin American countries may be at risk. Candidate Javier Milei will be officially enthroned by the president in … Read more

The theme of “growth” will become a central theme in the coming quarters

The theme of "growth" will become a central theme in the coming quarters

Despite the still-cautious tone from central bankers about the end of the tightening cycle, necessary to maintain an ounce of credibility to keep inflation expectations anchored, investors are no longer wrong and considering rate hikes as of old. Macroeconomic data released last week confirms the continued movement of disinflation and outlines an ideal “soft landing” … Read more

Precision Drilling reported a 35% drop in profit in 3Q.

Precision Drilling reported a 35% drop in profit in 3Q.

Posted on 10/26/2023 at 11:43 am Precision Drilling attributed the 4.1% year-over-year increase in revenue to firmer drilling and services revenue, partially offset by lower activity. (Photo: The Canadian Press) Precision Drilling on Thursday reported third-quarter profit of $19.8 million, down 35% from $30.7 million in the same period last year, even as its … Read more

To watch: GDI Building Services, Wesdome and Laurentian Bank

Une succursale de la Banque Laurentienne

National Bank Financial’s Gabriel Dechaine lowered his recommendation on Laurentian Bank shares to “underperform.” (Photo: 123RF) What to do with GDI Building Services, Wesdome and Laurentian Bank securities? Here are some analyst recommendations that are likely to change prices soon. Note: the author may have a completely different opinion than the one expressed. GDI Building … Read more

10 Best Dividend Stocks

10 Best Dividend Stocks

(Photo: 123RF) What should investors look for to find the best dividend stocks? At Morningstar, we believe that the best dividend stocks aren’t just those with the highest yield. Instead, we suggest investors look beyond stock returns, pick stocks with sustainable dividends, and buy those stocks when they are undervalued. “It’s important to be selective … Read more

Election 2022: races for watch across the four corners of Quebec

Election 2022: races for watch across the four corners of Quebec

For some constituencies, the race seems to be already won, but others could be the scene of heated battles. (Photo: The Canadian Press) Quebec elections will be held in 125 ridings. For some of them, the race seems already won, but for others, they could be the scene of heated battles. An overview of these … Read more

The world’s main space launch facility

The world's main space launch facility

Without a rocket, there is no deployment of satellites or all the resulting applications (communication, positioning, Earth observation). (Photo: Getty Images) Paris – Space launch vehicles such as the Ariane 6, whose first flight has been delayed until 2023, abound around the world, reflecting the ambitions of nations to have their own access to space. … Read more