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Monthly Archives: April 2012
Canadian mortgage market moving to subprime
The Loonie is up a cent this morning (at least at the outset) on word from the Bank of Canada that it may have to raise interest rates sooner than previously expected: “In light of the reduced slack in the … Continue reading
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Look out below or above? “The Bernank” speaking
The Russell Sage Foundation and the Century Foundation hosted a conference on the financial crisis on Friday, April 13, 2012. Federal Reserve Chairman Ben Bernanke delivered the keynote address. A clip of his speech is available here. Since Bernanke has … Continue reading
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Austerity can only go so far
The populations of the debt-ridden Euro countries are reaching a point where they can’t survive on any less, and debt holders will have to eventually accept their losses, says Danielle Park. You can watch the video clip here.
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