Daily Archives: February 22, 2016

Canadian TSX: commodity virus spreading to services and financiers

Some sharp rebound rallies notwithstanding, Canada’s TSX composite (shown below since 2006) has been in a downtrend since the 2nd quarter of 2014 and is today back to the same level first reached in February 2007.  (capital progress?) The first … Continue reading

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Negative rates spur safe sales

As policy rates have moved to sub-zero for banks in parts of Europe and now Japan, the threat of negative rates being passed on to consumer deposits is real.  ‘Central banks gone mad’ are destroying financial stability, but they are … Continue reading

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Oil production frozen at record highs?

Harry Tchilinguirian, commodity markets head at BNP Paribas, and Richard Clarida, managing director at Pimco, global oil production and supplies and when economies will see the benefits of lower oil prices. Here is a direct video link.

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