Category Archives: Main Page

Fed balance sheet now at risk in asset bubbles

For the past 15 years, the US Federal Reserve has maintained a “see no evil” policy on asset bubbles–they said they couldn’t see them building, so not possible to avoid them. But this time around, 5 years after the credit … Continue reading →

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Domestic energy is a key step toward meaningful recovery in US fiscal health

I saw Zero Dark Thirty this week. It is very entertaining, but also reminds of the incredible financial cost the US has unnecessarily born in its stubborn dependence on foreign oil and hostile regimes. Time to wise up. “Manufacturing in … Continue reading →

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Financials masking weak internals of the Canadian economy

Top line gains for the broad Canadian stock market over the past year have been driven by the financial sector as low rates have continued to drive yield-desperate capital into over-valued bank shares. Unfortunately as reflected in the chart update … Continue reading →

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