Monthly Archives: September 2022

‘Snow-washing’ in Canada, money laundering all star

Posted on September 23, 2022 by Danielle Park

I have long thought that a housing bust and ugly recession might finally catalyze a serious crackdown on money laundering in Canada. Apathy has been the status quo while asset prices were rising. Now, as prices plunge and pain spreads, … Continue reading →

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Operation ‘break things’ to continue

Posted on September 22, 2022 by Danielle Park

Hiking the US Fed funds rate a further .75 yesterday, now 3 to 3.25% (from 0 to .25% in March), Chair Powell acknowledged that unemployment will rise, adding: “Nonetheless, we’re committed to getting inflation back down to 2%.” Powell reiterated … Continue reading →

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The recession is already here

Posted on September 20, 2022 by Danielle Park

Worthwhile overview of many key economic trends now in motion… Danielle DiMartino Booth of Quill Intelligence believes it’s obvious that a recession is already upon us, and it might only get worse from here. She joins Jay to discuss inflation, … Continue reading →

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