Author Archives: Danielle Park

Long term portrait of the loonie and Canadian stock market

This chart of the Canadian dollar (CDW in red) and the Canadian stock market (TSX in blue) since 1997 captures the historically tight correlation between the country’s petro-currency and stock market.  There was a brief disconnect in 2000, when the … Continue reading

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Consensus continuing to miss big picture

Pal’s comments here are more cogent than most in explaining the key factors now sweeping the global economy and markets. Discussing how much higher the dollar could climb and the impact it will have on commodities, with Raoul Pal, Global … Continue reading

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Education models transforming

In the aftermath of the credit bubble, students and their parents are no longer able or willing to borrow mind-boggling sums to ‘afford’ education. Governments will not be able to continue underwriting super-sized post-secondary costs either. Economic realism is demanding … Continue reading

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Driverless cars disrupting traditional insurance business

Technological advancement is not only disrupting the traditional business models of energy producers. Driverless cars are another massive disruptor on the horizon. A lot less accidents will be an enormously positive change for drivers and taxpayer-funded health care, while lowering … Continue reading

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Saudis racing to diversify away from oil

Saudi Arabia has seen the future and understands that the world is moving away from oil. Eh tu Canada? Saudi Arabia relies on oil exports for around half its revenues, but as low oil prices raise the country’s deficit, non-oil … Continue reading

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Understanding why financial foundations are broken and how they must be restored

2016 political contests should be all about which leaders articulate the most defined plans to support a revolution of our energy, infrastructure and finance systems. All 3 issues are foundational, and present the most obvious opportunity to make dramatic and … Continue reading

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