Monthly Archives: January 2013

Technological advances, especially robotics, are revolutionizing the workplace, but not necessarily creating jobs. It is certainly leading to lay offs on Wall Street as the HFT machines continue to trade public markets in micro-seconds with little human involvement. Here is … Continue reading →

This weekend we watched the documentary The Queen of Versailles, now available on Rogers on Demand. Garish and over-the-top in many ways, I found the film a useful reminder of the downside of leverage and the self-destructive financial habits that … Continue reading →

Good article in MacLeans this week offers some useful perspective on the downturn now begun in the Canadian realty market and how this is likely to reverberate through the highly-levered domestic economy. Real estate cycles typically last 10-12 years, and … Continue reading →