With markets reeling from the global sell off, is there any reason for optimism? This contrarian spells out why the bull market is only “mostly dead”. Also, using The Princess Bride to talk markets? Inconceivable!
The Economist endorses the Walker Report! Well not really, but they have joined my cause on the problems we face with regards to urbanism and increasing urban density. It’s not everyday that you can say that the economist endorses your position (even if they don’t know it) but in early April my constant nagging about the insane […]
It is a common enough trope that people do not save enough, either for retirement or just generally in life. We are a society awash in debt, with some estimates showing Canadians carrying an astonishing $27000 of non-mortgage debt and an average of three credit cards. This financial misalignment, between how much we spend (bad) and […]
Last week I published a piece on the dangers of the housing bubble in Canada. It caused a stir with a number of clients and followed many articles over the past two years about our concerns with the Canadian economy. But on Wednesday I was at an industry lunch with another group of advisors talking […]
Possibly the most significant news in the last 24 hours was that Barack Obama had used his veto for the first time in five years to end the Keystone XL Pipeline. The pipeline, delayed by 6 years carried with it the hopes of the Canada’s Conservative party and oil executives in Alberta. The pipeline had been […]
On December 10th, the Bank of Canada released it’s Financial System Review for 2014. It outlined numerous problems that continue to grow and potentially undermine the Canadian economy. Globally this report attracted a great deal of attention, not something the BoC is used too, but with a rising concern that the Canadian housing market is […]