J.P. MORGAN CHASE & CO., $138.73, New York symbol JPM, remains a buy.
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.74 trillion as of March 31, 2023.

In response to rising interest rates and inflation, the bank set aside $2.28 billion to cover potential loan losses in the first quarter of 2023, up 55.5% from $1.46 billion a year earlier.

However, Morgan continues to benefit from higher interest rates, rising credit card use by consumers, and greater inflows to its wealth management operations....

TECK RESOURCES LTD., $60.43, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.

This week, Switzerland-based mining firm Glencore plc (Over-the-counter Pink Sheets symbol GLCNF) launched a new offer for the company.

Under its first bid, Glencore proposed to buy Teck for about $23 billion U.S....

ETFs in brief


Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....

The best ETFs offer low fees and diverse exposure to several companies operating in an economy or a specific industry or region. They don’t, however, eliminate market volatility, although their diversity usually cuts your risk of permanent loss. ETFs can also cut down research time required to analyze individual stocks when building a portfolio.


Meanwhile, here’s a 12-point checklist to help you find the gems among the rising number of ETFs out there for investors:


1) A stable and reputable parent company


Although ETFs are well regulated in both Canada and the U.S., investors still need to check which entities are responsible for the promotion and management of the ETF and its assets....

This month we feature an ETF that aims to deliver high income by using leverage and derivative instruments. The second comes from iShares and invests globally in companies that it sees as being at the forefront of electric and autonomous vehicle development.


MULVIHILL U.S....

The Greek stock market’s long-term performance is poor—since the country’s stock market peaked in late 2007, it has lost more than 80% of its value.


Still, the market has now bounced back to where it was before the pandemic hit in March 2020—and its long-term outlook is positive.


Meanwhile, the companies included in the Global X MSCI Greece ETF appear inexpensive....

After years of poorly managed government finances, instability in the banking system, punitive European Union bailout packages, and tough austerity measures, the Greek economy finally started to recover in 2018. But that progress was interrupted by the COVID-19 pandemic, followed by devastating wildfires, decades-high inflation, and rising interest rates.


The economy is now finally back to its pre-pandemic levels, although growth forecasts are scaled back amid higher interest rates and slowing consumer demand....

Confidence is a key ingredient for the smooth functioning of a banking system.


Banks hold deposits from customers—these appear as liabilities on their balance sheets. They use the deposits to lend money to retail customers who want to buy, say, a house or a car, or to commercial customers to fund or grow their businesses.


These loans extended by banks have different maturity profiles but are in most instances not repayable on demand....

Here’s the second part of our discussion on ETFs representing each of the five main economic sectors. Here we cover ETFs in Resources, Manufacturing and Financials.


ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF $42.96 (CBOE symbol PICK; TSINetwork ETF Rating: Aggressive; Market cap: $1.6 billion) provides investors with exposure to companies involved in the exploration, production, refining, and marketing of a diversified basket of metals.


The ETF tracks the MSCI ACWI Metals and Mining Producers Index and invests globally; its main country exposures are to Australia (27%), the U.S....

A key component of our TSI investment philosophy is to diversify investment portfolio holdings across most if not all of the five main economic sectors. That way, investors can avoid overloading their portfolios with stocks that are about to slump simply because of industry conditions or changes in investor fashion—while at the same time maintaining exposure to stocks or sectors ready to start a period of outperformance.


Recent events provide a good example of how this diversification can favour investors....