Monthly Archives: February 2019

Rate hikes off the table?

It is critical to keep in mind that monetary policy changes impact the real economy at a lag of several quarters.  So the tightening cycle that ran from December 2015 to December 2018 will continue to dampen global demand over … Continue reading

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W5 investigates ‘massive’ money laundering in Canada

Illegal money flows in Canada have inflated property prices and profits for insiders in gambling, luxury retail, the realty sector and lenders, while costing Canadians greatly in terms of unaffordable home prices, related household debt, increased crime and lost tax … Continue reading

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Downside for economy, equities and corporate debt likely in 2019

In a report last week, Societe Generale analysts warned that a historically reliable indicator suggests a US recession is probably close at hand with commensurate declines in corporate security prices. News articles on US economic strength as a percentage of all … Continue reading

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