Trending IPOs: What Is an IPO?

You’ve probably heard the term ‘IPO’ thrown around a lot lately. The 2019 financial news cycle is dominated by IPO announcements from major startups like Uber and Lyft. But what is an IPO? And what does it mean for a trader like you? If you don’t know what an IPO is or why it’s such a significant event, now’s the perfect time to get on top of it. We’re seeing some crazy IPO action this year! So don’t delay — educate yourself. Let’s take a look at what IPOs are…

Uber Drivers Are Contractors, Not Employees, Labor Board Says

But, citing a federal appeals court decision, the memo also said the “animating principle” used to make the determination of contractor status was whether the worker had an opportunity to profit from the activity in the way an entrepreneur would. “The drivers had significant entrepreneurial opportunity by virtue of their near complete control of their cars and work schedules, together with freedom to choose login locations and to work for competitors of Uber,” the memo stated. Marshall Babson, a former labor board member appointed by President Ronald Reagan who is…

The Bank of Canada is underestimating the housing slump, Capital Economics warns

The Bank of Canada may be underestimating the extent of the cooling in the country’s housing market as well as its knock-on effects for the consumer-driven economy, according to research firm Capital Economics. Sales of pre-construction units in Toronto and Vancouver slowed in 2018, making it harder for developers to secure financing for their projects, said Stephen Brown, the firm’s senior economist for Canada. That in turn is likely to impact employment and consumption, which accounts for about 60 per cent of the country’s output. “The Bank of Canada is…

IHI: An ETF For Long And Stable Growth – iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

RockEstra Research

Shares U.S. Medical Devices ETF (IHI) is an ETF that provides exposure to U.S. companies that manufacture and distribute medical devices. It has performed significantly well in the past years, and my expectations are that it will continue to perform well in the near future. Investment Thesis Shares U.S. Medical Devices ETF provides access to U.S.-based companies that manufacture and distribute medical devices. In the last decade, it performed significantly better than the S&P500 and marginally better than the Dow Jones U.S. Medical Equipment Index. This historic performance compared to…