Category Archives: Main Page

Draghi out of options, leads EU deeper into negative consequences

Posted on September 12, 2019 by Danielle Park

Today European Central Bank head (ECB) President Mario Draghi made his last rate announcement before incoming head Christine Lagarde replaces him on November 1. Having held its policy rate at negative .40% since March 2016, the ECB today cut by … Continue reading →

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New report: gas plants and pipelines to be undercut by renewables and storage

Posted on September 12, 2019 by Danielle Park

A new report by The Rocky Mountain Institute finds that natural gas-fired power plants, which have crushed the economics of coal, will soon be undercut by renewable power and big batteries. As wind, solar, and energy storage technologies have improved … Continue reading →

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Debt repayment before investment products is the right order

Posted on September 11, 2019 by Danielle Park

The 2019 Household Balance Sheet Report by Investor Economics found that in 2018 the financial holdings of Canadians–deposits, investment funds and direct holdings of securities–declined for the first time since the 2008 financial crisis. This was the first year in … Continue reading →

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