In a typical situation the investor accepts a low or zero interest rate in return for exposure to a share.

The arrangement seems to be that UBS will buy Time Warner shares it seems for the voting rights but doesn't want the price risk. So, in an agreement with IMI, UBS will transfer the pricing risk to IMI.

Icahn wants sufficient control to achieve his strategy of breaking up Time Warner.

It didn't take long to see there would be this much interest. They're developing fast.

The hype is off the housing market. Prices are high. Interest rates are climbing. Housing needs to cool down so the market can return to normalcy.

The market is speculating that the Fed may keep going. The interest rate in Canada right now lags behind that in the U.S. The big question is whether the Bank of Canada can keep up the pace with the Fed to narrow the rate gap.