Bonhoeffer Capital Management, an asset management company, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2024, the fund returned 5.9% net of fees compared to 5.7% returns for MSCI World ex-US, a broad-based index, and 5.3% return for the DFA International Small Cap […]
The Bank of Canada (BoC) is likely to cut its key overnight rate for the first time in more than four years on Wednesday, economists said, backed by a raft of data that points to cooling inflation and lackluster economic growth. The central bank aims to keep inflation at the midpoint of its target range. These data points have been further backed by easing wage inflation, rising business insolvencies and softer retail sales, economists said.
Thunderstorms that could lead to flooding in low lying areas today