Economic Overviews

An in-depth report on global innovation has been co-released by Cornell University, INSEAD, and the World Intellectual Property Organization covering a total of 141 countries that make up 98.6% of global GDP. The report uses innovation inputs and outputs to create an overall Global Innovation Index with a score for each country. Rather than comparing all countries together, we decided to look at Canada and the United States to see which of the 49th parallel neighbours is the most innovative country. Here it is!

Qatar, Luxembourg and Singapore are the three richest countries in the world. HERE's a list of the top 23 such countries.

Today's market and economic conditions strongly suggest that tomorrow the following events will unfold.

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.