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Weakening global growth spreading
The US dollar has weakened off today which may reflect a belief that this morning’s US recession warning from the Chicago PMI at 49 will prompt even more “support” from the Fed. The Canadian dollar has rebounded a bit the … Continue reading
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More on the Monarchs of Money
The world’s central banks have printed unimaginable amounts of money in recent years. Neil Macdonald explores what this means for the global economy and for your financial well-being.Here is a direct link. This is an excellent piece. “Mark” comes off … Continue reading
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Ludicrous CEO pay ratios still expanding in secrecy
James Cotton, a retired International Business Machines Corp. lawyer, wrote a 1997 article in the Northern Illinois Law Review arguing public U.S. firms should disclose the ratio of their chief executives’ pay to their workers. In 2010, the rule was … Continue reading
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