Economic Overviews

This coming autumn we are likely to experience the beginning of the end to the biggest speculative bubble in world history. All bubble assets will implode and the financial system will come under massive pressure

Why does Canada rank higher than the United States, a country often referred to as the 'Land of Liberty'? Guess which countries ranked in the top 5? Where does your country rank?

Central banks have lost control. The great props to the world economy are now beginning to fall and It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

4 patterns are developing that also happened just prior to the great financial crisis of 2008 and, as such, provide strong evidence that a deflationary financial collapse is right around the corner.

Canadian households are heavily leveraged and with their level of debt in proportion to income now hovering at record levels, they are vulnerable to a range of economic shocks that could create a financial crisis. I am of the opinion, however, that the range of variables at play discussed in this article would mitigate any possibility of a meltdown of Canada's financial system. Let me explain.

The American middle class, long the most affluent in the world, has lost that distinction - to Canada, no less!

We are confronted with so much information through the media and the internet that finding and processing relevant information has become quite a challenge. To remedy the situation, in part, below is an infographic that illustrates the most important facts and figures about the U. S. economy. Take a look.

Our economic situation is vastly misunderstood and the future adverse consequences of this misunderstanding can not be understated. To highlight the tenuous situation I present below 10 charts on the economy that highlight the "atypical" nature of our economic situation a full 73 months after the official June 2009 end of the recession. To say there is much “on the line” here would be a complete understatement.

The government needed a safe place for Chinese people to put their savings to work but the stock market turned out not to be that safe. Now the government may have to hold off on some painful reforms to keep confidence and consumption up and cash flowing through the economy and provide more time for China's 3 bubbles to pop to the country's detriment.

Looking at hard data from the bond market can help with the assessment of recession probabilities. So what is the current Treasury yield spread suggesting is the probability of a recession this year?