I don’t know Jerome Powell and have no idea whether he is, or will be judged by history as doing the right things in line with his public duty. But at a time when integrity and selflessness in public ...
Fears of the unknown drive volatility, but the likelihood of inflation remaining elevated and central banks hiking rather ...
With higher oil prices expected to impact inflation, financial markets shifted from anticipating rate cuts to considering the possibility of rate hikes in Canada. In response, longer-term bond yields ...
The Bank of Canada press conference yesterday finally admitted facts about Canada’s housing market: “The housing market is looking weaker, and weaker than we had incorporated into our January outlook.
Every cycle is a little different, but similar developments have marked the onset of past recessions and bear markets. Oil price spikes reduce economic demand, partly because they tend to keep ...
In February, the Canadian economy ‘unexpectedly’ lost 83,000 jobs, the most since January 2022 (shown below since 2020), driving the unemployment rate up to 6.7% after a 25,000-job loss in January.
The banks are involved because they lent to everybody in the loop, which is why the JP Morgan CEO has been warning about cockroaches for the past few months. See, JPMorgan Chase reins in lending to ...
Oil and gas prices are rapidly rising around the world amid the U.S.-Israel war with Iran. Andrew Chang explains what’s driving the surge and why predicting the next moves in the oil market is so ...
We receive a pretty steady stream of inquiries each year from people who hear Danielle speak, read her writings, find their way to this blog and then wonder if we offer asset management services. The ...