WELCOME, PRIME MINISTER TRUDEAU

Posted on Perspectives

Welcome, Prime Minister Trudeau the 2nd. You inherit a True North dependently, not strong and free. Oh Canada is the name, panning our currency is the game. Alas, we are not alone. Beggar-thy-neighbour banking is de rigueur Realpolitik these days. The European Central Bank is swirling water over the euro, hoping to retrieve gold at […]

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ASSET PRICING CHALLENGES

Posted on Perspectives

Traditional economics has been turned on its head, escalating the challenge of pricing assets. Here are four perspectives. More jam tomorrow – Our activities are broadly predicated upon assumptions of steady to rising prices. Our trove of knowledge and experience with falling prices is limited. Were deflation to ensue, it could unleash menacing dynamics that […]

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