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Daily Archives: November 17, 2016
Global climate momentum much larger than Trump
As Democracy Now! broadcasts from the United Nations climate summit in Marrakech, Morocco, the U.S. special envoy on climate change, Jonathan Pershing, says no one from President-elect Donald Trump’s transition team has reached out to him to discuss U.S. climate … Continue reading
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Canadian REITs, next ‘Big Short’?
Further to the vulnerability in insanely valued, heavily levered Canadian housing today, real estate investment securities reflect potentially even greater downside risk. After all, at least you can live in housing as the price goes down (if you can maintain … Continue reading
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Fed’s Kashkari: U.S. Needs to Lead on Too-Big-to-Fail
This is a necessary part of the solution. By demanding higher capital ratios of big banks, reckless bets will be curtailed, taxpayer risk reduced, and the too big to fail financial monsters will be incentivized to reorganize themselves to more … Continue reading
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