Industry News

Muted outlook for oil prices

As prices start moving sharply upwards at the pumps, it’s inevitable clients will be asking about oil as an investment. But the outlook for oil prices is not as strong as the recent run-up would suggest, according to number of analysts. The price of a barrel of oil has accompanied the stock market rally going […]

By Mark Noble |May 26, 2009

4 min read

Briefly:

The Investment Industry Regulatory Organization of Canada (IIROC) has announced the launch of a whistleblower hotline to allow those with first-hand knowledge of wrongdoing in the securities industry to report it. “This service will ensure that individuals who believe that they have significant information to convey deal directly with IIROC senior staff who will ensure […]

By Staff |May 25, 2009

3 min read

Commodities, China could lead recovery

Even though the country is still officially in recession, Finance Minister Jim Flaherty agreed today the economy is “showing some good signs.” Those good signs are reflected mostly in the bullish sentiment returning to the commodities market with base metals and crude oil lifting off lows reached in December. Patricia Mohr, vice-president, economics, and commodity […]

By Kanupriya Vashisht |May 25, 2009

3 min read

Shorting leveraged ETFs

Advisors will probably want to put this idea under the “don’t try this at home” category. But there’s a movement afoot to use shorting strategies on leveraged exchange traded funds (ETFs) to take advantage of the tracking drift in these products during volatile market cycles, if they’re held for a longer-than-average period of time. Leveraged […]

By Mark Noble |May 25, 2009

5 min read