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Daily Archives: December 14, 2015
Venture Index ‘gives’ 500: -85% and counting
This is what the end of a secular bull looks like. From a high around 3300 in July 2007, the resource-centric Canadian Venture Index (CDNX) has today broken below 500. As shown below, it is now some 26% below the … Continue reading
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Hi yield bond melt spreading
The reckless risk-taking and levering in the corporate sector during the past 4 years of QE mania has been ‘ludicrous mode’. As noted here previously in Ichan warns of markets on a ‘treacherous path’ and Fed and long-always funds pushing … Continue reading
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Canada goes from laggard to leader on climate
The opportunity for smart business, greater efficiency, good growth and job creation are enormous. Elizabeth May is not mincing any words — she says Canada was hated by other countries for sabotaging climate change negotiations at previous talks but things … Continue reading
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