Juggling Dynamite

Government bonds and the US dollar are soaring today as risk markets tank across the board.  Deflationary forces are taking the upper hand once more.  Just the facts:

“Industrial production is lower now than in March 2008…we may want to start connecting the dots between what happened in 2008 and what’s happening now and viewing it as one longer-term episode where we still have to fix what’s wrong.”

Carl Weinberg, chief economist and managing director at High-Frequency Economics, warns of a global slowdown that could end up in a recession.   Here is a direct video link.

This far-reaching discussion is worth a listen…some humour too.

In an exclusive interview that runs for nearly two hours, Grantham explains why he believes we’re in the late stages of another great bubble and his expectations for when it will come unravelled. He also explains why others fail to act in the face of bubbles, and we discuss some of the assets best placed to weather the storm. Here is a direct audio link.

Our weekend business panel takes a closer look at the challenges ahead for businesses as the Ontario economy reopens. Plus, a look at home sales and Porter Airlines’ new travel plans.  Here is a direct video link.