John Shmuel on Muck Rack

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Toronto, Ontario
Reporter, Financial Post — National Post
As seen in:  National Post, Vancouver Sun

Reporter for the @financialpost, business section of the @nationalpost. Write about investing and economics. Based in Toronto.

Bond markets to get rude awakening in 2015: CIBC — It's been a good year to be a U.S. or Canadian bond investor, but that could end next year, says CIBC World Market's chief economist. Ten-year notes in Canada currently yield just over 2%, while the 10-year Treasury yields about 2.36%, not far off the record lows seen in 2012 during the height of the European sovereign debt crisis.

How can Wall Street keep winning when the rest of the world keeps losing ground? — NEW YORK - The buzz word "decouple" is making a comeback. In its previous major moment in the sun, the word was used to describe hopes that emerging markets could continue to run despite the damage from the 2008 U.S. financial crisis.

OPEC delegates start output cut chatter — A subtle shift may be taking place within OPEC as it heads into its most important meeting in years, according to delegates with the producer group, as the discussion over whether it needs to cut output to defend oil revenues quietly intensifies.

How close is Russia to a full-blown financial crisis? — As the central bank of Russia appears to be losing control of its currency market, the global financial media is warning about a possible financial crisis there. Some experts have even drawn parallels to August 1998, when a Russian default caused global economic and financial disruptions.

SNC-Lavalin Group Inc to cut 4,000 jobs, cuts earnings forecast — MONTREAL - SNC-Lavalin says it will reduce the company's global workforce by 4,000, or nine per cent of the total, over an 18-month period starting in 2015. The Montreal-based engineering and construction company (TSX:SNC) says the job cuts are part of its ongoing efforts to get out of underperforming business segments.

Buy Canadian, except resource stocks: ‘Good news for everyone else’ — If you steer clear of resource stocks, it's a great time to own a Canadian company. A weak loonie and lower fuel prices are propping up the bottom line for everyone from retailers to transport companies in Canada, economists say.

Who wins amid all the market volatility? Active fund managers — The return of market volatility in the third quarter may have scared most investors, but it had one group of fans: active managers. The Russell Investments Canada Active Manager Report, released Thursday, found that 53% of large-cap managers outperformed the benchmark in Q3, up 12 percentage points from last quarter.

Why oil is falling again — Brent crude oil fell towards $85 a barrel on Monday after Goldman Sachs slashed its price forecasts, citing abundant supply and lackluster demand despite a pick-up in global economic growth. The U.S. investment bank said in a research note on Sunday that it had cut its forecast for Brent to $85 a barrel from $100 for the first quarter of 2015 and reduced its projection for U.S.

Netflix Inc is an acquisition target, Mark Cuban says as he snaps up more than 50,000 shares — Mark Cuban, the billionaire investor and owner of the Dallas Mavericks basketball team, is buying Netflix Inc shares because he considers the video streaming company to be an acquisition target. "I'm buying NFLX stock ... Someone will try to buy them," Cuban tweeted on Friday.

10 reasons to be bullish on the global economy — There's no mistake that this week has been a wild one for financial markets, living up to October's billing as the cruelest month for equities. Still, as the week ends, some economists are wondering if things are all that bad for the world economy.
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Nov 20, 2014

RT @TheStalwart: For the first time since 2000, we've had 10 straight weeks of sub-300K initial jobless claims.…

Nov 17, 2014

RT @shane_bauer: A Syrian story about love, loss, comedy, escape and one of the worst sieges in modern history:…

Nov 17, 2014

How does Wall Street keep winning when the rest of the world keeps losing ground?…

Nov 13, 2014

RT @barriemckenna: Bank of Canada watching Bitcoin and other virtual currencies closely for risk to financial system: Dep Gov Wilkins #cdnecon #cdnpoli

Nov 13, 2014

RT @barriemckenna: Bank of Canada mulling “merits” of issuing its own virtual currency: Dep Gov Wilkins #cdnecon #cdnpoli

Nov 12, 2014

@noahlove @noahlove The live dragon and travelling caravan act are just out of the frame. Trust me, it was really exciting.

Nov 12, 2014

At Prime Quadrant conference, with CIBC's Avery Shenfeld and Blackstone's Byron Wien talking econ outlooks.

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