Daily Archives: June 19, 2019

Canadian c-suite squandering cash in buyback mania too

Further to my article yesterday on the capital malinvestment in record corporate buybacks at cycle high valuations in equity markets, the Globe and Mail reports that corporate buybacks of TSX-listed companies also reached an all-time high of nearly $50 billion … Continue reading

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Pimco admits ‘Fed policy not that effective’ at this stage

As financial markets hope for more magic from ‘Wizard of OZ’ central bankers, some of us remember how that story ends. Gene Frieda, global strategist at Pimco, discusses Federal Reserve policy and the U.S. economy. Here is a direct video … Continue reading

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High fees and risky bets not in best interests of Canadians

Andrew Coyne points out some startling figures about the Canada Pension Plan on which the majority of Canadians depend for retirement income.  See Canada Pension Plan gets lucky with active management, for now. Here are some key takeaways: Switching to … Continue reading

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