Globalization is rewriting the script of some of our most time-honored macro relationships. That’s true of the forces shaping employment, real wages, income generation, inflation, and trade and capital flows. On all of those counts, …
Just recently at R H Asset Management, we decided to take profits on all our energy investments, Canadian Oil Sands Trust, Merrill Lynch World Energy Fund and Investec Global Energy Fund. These investments had been …
What a surprise, said Martin Vander Weyer in The Sunday Telegraph: the Government’s Small Business Service is a waste of money. According to the National Audit Office, the SBS (which controls an annual £2.6bn for …
What is a Kondratieff wave? It is the central concept in a controversial but intermittently fashionable theory of economic history, which holds that major capitalist economies tend to grow, boom, bust and grow again in …
While cloudy skies continued to hang over Tokyo though half of July has already passed, weather authorities predict that the summer will be on par with a normal year or even hotter once the rainy …
After April’s rocky start, equities spent the bulk of the quarter in recovery mode, although the path to redemption was not always straightforward. For the quarter, the S&P500 was flat, the Nikkei225 slightly negative, while …