Ynck Shopify (TSX:SHOP) Stock Just Dropped 52%: Time to Buy
The U.S. Federal Reserve came into the limelight when it announced a 75-basis-point interest rate hike in May, creating waves that shook equity markets in the U.S. and Canada. The likes of such a significant interest rate hike by the U.S. Fed had not been seen since 1994.The Bank of Canada BoC has also been raising benchmark interest rates to tame the runaway inflationary environment. After the recent-most hike by the U.S. Fed, Canadians feared we would see a similar jump in Canada. The BoC, however, announced a massive 100-basis-point interest rate hike, increasing benchmark rates by a full 1% to bring the total figure up to 2.5%.The BoC s latest interest rate hike is the highest since 1998, and it has made borrowed stanley cup capital considerably pricier. The impact on the Canadian econ stanley cup omy will be significant, and everyone should rightfully be wo stanley cup spain rried about what will happen now.Why was there such a jump Central banks typically raise interest rates to keep inflationary environments in check. R Fpuk 2022 s Top Small Caps on the TSX: Are They Buys Today
Investors are always on the lookout for stocks that pay regular dividends. They especially love these stocks during slowdowns or rec stanley bottles essions because it assures them of a regular income. We look at three companies that will hold their ground during a slowdown while making sure they keep paying out dividends to their shareholders.The website of Exchange Income Corporation聽 TSX:EIF gives you a p stanley quencher retty good idea of what to expect from the company. The opening page boldly states: Diversification and Disciplined Acquisitions Yielding Dependable and Growing Dividends Year After Year.EIF has 14 businesses covering cargo handling, air and helicopter services, after-market aviation equipment sales, and precision metal manufacturing. All businesses are backed up by strong management teams that ensure the company is shielded from a downturn in any one sector.It is this diversification that helped stanley mug EIF report record numbers for the third quarter of 2019. Revenue grew 15% to $355 million |
