As the generally-accepted medium of exchange, money is unquestionably the most widely traded commodity on earth, comprising exactly one-half of every transaction inContinue reading
The Most Important Chart for Canadian Investors
If you’re a Canadian investor with a fairly long time-horizon, there’s really only one chart that you need to understand to successfully makeContinue reading
A Government Debt Jubilee?
As the COVID-19 crisis continues to drag on, it appears the BoC stands ready to purchase, in an unconstrained manner, a total ofContinue reading
Are You Ready For Negative Interest Rates?
While most Canadians today are unlikely to be familiar with the concept of negative interest rates, it is a policy that is likelyContinue reading
Liquidity and the Mirage of Credit
There are many analysts today who insist on measuring global liquidity through the total amount of outstanding credit in the economy rather thanContinue reading