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Making sense of the markets this week: May 31, 2021
By Dale Roberts on May 28, 2021
Canadian banks surpass earnings expectations but not everyone is happy. Plus: a possible solution for bitcoin energy use; why gold is still in the game; and what to do about your high-flying Canadian stocks.
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Photo by Erik Mclean on Unsplash
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
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Canadian banks attract investors and criticism
The Canadian banks have started reporting first quarter earnings, and they’re off to a roaring start.
At the same time, the banks are attracting considerable criticism for increasing fees during a pandemic, and when they themselves are enjoying such financial success.
Temenos , the banking software company, is accelerating its leadership in the cloud by introducing the next-generation in SaaS, The Temenos Banking Cloud. This combines the industry’s most complete banking services, covering all segments and