Daily Archives: October 28, 2015

Fed ‘stimulus’ lost in transit

Another morning another farcical levered ramp in risk markets purportedly on the revelation that the US central bank will not be hiking policy rates soon because the economy is weak.  News this is not. Evidence of the global slowdown has … Continue reading

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Used clothes booming

After the credit-rush, consumers everywhere are looking for intelligent ways to spend less: reduce, reuse, recycle. The world is awash in the supply of most things and entrepreneurs are figuring out creative new ways to find willing buyers. This is … Continue reading

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Asset bubbles never last: not one, ever

It’s the same precursors everywhere: risky loans underwritten by governments, bubbling realty prices and precariously indebted households…the mean reversions once they start, tend to be swift and violent. Sahil Mahtani, analyst at Deutsche Bank, likens the London real estate market … Continue reading

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Canada’s new government must return infrastructure lending to Bank of Canada

If the new Canadian government intends to help the country improve its fiscal health and future prospects, it must take substantive steps to correct presently self-destructive policies and recommit to Canada’s constitutional processes. Window dressing around the status quo will … Continue reading

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