Category Archives: Main Page

North Americans: world leaders in oil production and consumption

With the world population doubling in the last 50 years, energy demands, sources and technologies are in a rapid growth phase.  It is useful to understand from whence we come.  For a detailed and balanced review of Canada’s oil history, … Continue reading →

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New easing cycle not bullish for corporate securities

US Fed Chair Jerome Powell stoked hopes for imminent rate cuts on Wednesday, acknowledging that global growth remains far below the Fed’s forecasts in 2019. While large-cap shares levitated on prospects of a further reduction in borrowing rates, other economically … Continue reading →

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Fleeting growth at the price of stability: the Fed’s conflicting mandates

When Congress passed the Humphrey-Hawkins Full-Employment Act in 1978 it added ‘full employment’ as a second and conflicting mandate to the original goal of price stability.  This seemed like a good idea to those unrealistically seeking perpetual economic expansion.  In … Continue reading →

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