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Latest Financial News

Trustpilot Slaps Warning Label on 20% of 100 Top Broker Profiles

Roughly one in five (21%) retail brokers on Trustpilot, including many of the industry's high-volume heavyweights, have been slapped with a formal consumer warning banner, according to a Finance Magnates review of 100 profiles. According to Trustpilot’s guidelines, these glaring red banners are deployed when the platform detects foul play. The policy notes that when…

Canada Building permits for the month of July -17.3 vs -6.4% estimate

Prior month +18.3% revised to 18.5%Canada’s July building permits:Building permits MoM: -17.3% vs -6.4% expected. Prior +18.5%Total permit value: $12.2 billion, down $2.6 billion from JuneConstant-dollar permit value: -17.5% MoM and -2.2% YoYJuly sectors compared with June:Non-residential: -$1.9 billion to $5.0 billionResidential: -$701.2 million to $7.2 billionInstitutional: -$1.5 billion to $1.7 billionIndustrial: -$443.3 million to…

US import and export prices are August 0.7% vs 0.4%. Export prices 0.6% vs 0.5% est.

Prior month import prices -0.3% revised from -0.4%Prior month export prices -1.4%US import and export prices for August: Import prices MoM: +0.7% vs +0.4% expected. Prior −0.3% Export prices MoM: +0.6% vs +0.5% expected. Prior −1.4% Import prices YoY: +7.0% Export prices YoY: +8.6% More details on Import and export prices:Import-price components—August versus July:Fuel imports:…
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Our Latest Axe Updates

Be Greedy When Others Are Fearful: When Does a Falling Market Become an Opportunity? 

A falling market can create opportunities, but a lower price doesn't automatically mean better value. From Warren Buffett's famous advice to Trustpilot, Bitcoin and the 2008 crash, Max looks at how investors can tell a genuine opportunity from a falling knife.
Warren Buffett looking for investment opportunities in a falling market

The Harry Wormwood Presidency: Why Is Donald Trump Still Trying to Sell Me a Watch? 

Donald Trump is President of the United States, worth billions and attached to businesses spanning crypto, property, golf and branded merchandise. So why is he still promoting a $499 watch? The answer may explain something much bigger about the business of being Donald Trump.
Donald Trump selling a Trump watch in a Harry Wormwood-style shopping channel

The Away Game: Why Sport Is Following the Money Around the World 

South Africa and New Zealand are taking one of rugby’s greatest rivalries to Baltimore. Saudi Arabia has spent billions attracting global sport. LIV Golf shows what happens when the money arrives but the audience doesn’t. Sport is following the money — but there’s a limit to what capital can buy.
Sport following the money as rugby, LIV Golf and global events move into new markets

Five Days That Could Decide the Next Market Move 

Five major market catalysts are arriving almost back-to-back. From US inflation and the Federal Reserve to crypto regulation and the Bank of Japan, each event could change how traders approach the next. Think less economic calendar, more financial dominoes.
Federal Reserve and five major market events falling like dominoes
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