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Daily Archives: January 10, 2019
Please note, unemployment lows go with stock market tops
While the financial sales force likes to declare low unemployment as bullish for the economy and stocks, my partner Cory Venable offers the below chart to remind of the negative correlation between US unemployment cycles (in blue) and S&P 500 … Continue reading
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Overdue insolvency cycle underway in Canada
Even though the Bank of Canada paused in hiking its policy rates in December and yesterday, many Canadians are already contending with a doubling of interest rates on their unsecured lines of credit in the past year. At the same … Continue reading
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