Monthly Archives: February 2016

Shilling: “central banks irrelevant”

Gary Shilling, president at A. Gary Shilling & Co., and Chris Verrone of Strategas Research Partners, discuss the failures of central bank monetary policy, global currencies devaluing against the U.S. dollar, and the strengthening of the Japanese yen. Here is … Continue reading

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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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