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Reckless financial policies have been bad timing for boomers
The last thirty years of increasingly more reckless financial policies, behaviours and capital allocations have come at a bad time for baby boomers. Low savings rates, boom-bust asset cycles, expensive housing, fewer guaranteed pensions, low yields and rising insurance costs, … Continue reading
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Bad business: 89% of Canadian corporate boards have no women or one
A new StatsCan report looked at some 10,100 companies conducting business in Canada – publicly traded and private corporations, along with government business enterprises such as Canada Post – and found overall that just 18.1% of director seats were held … Continue reading
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Guggenheim co-founder: Fed has created a ‘Ponzi’ market
Scott Minerd, Guggenheim Partners co-founder and Guggenheim Global chief investment officer, discusses his concerns about rallying asset prices. Here is a direct video link. It is rare to hear financial establishment heads admit the truth about the present market cycle. … Continue reading
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