Assiduous Readers will remember that I have a long-standing concern about means-tested benefits and their cumulative effective marginal tax rate, which can be so high as to destroy any incentive for the recipient to earn …
Search Results for: performance
August 5, 2016
Jobs, jobs, jobs! Payrolls climbed by 255,000 last month, exceeding all forecasts in a Bloomberg survey of 89 economists, following a 292,000 gain in June that was a bit larger than previously estimated, a Labor …
August 4, 2016
On July 26 I passed on some support for the thesis that it wasn’t trade that was destroying jobs, it was tech. And now George Anders of Forbes argues that tech isn’t all that bad: …
August 3, 2016
Bloomberg published some vignettes of those affected by the Vancouver property bubble: One of those benefiting is a luxury car dealership run by Caleb Kwok, 37, general sales manager at Vancouver’s MCL Motor Cars. It’s …
August 2, 2016
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
MAPF Portfolio Composition: July, 2016
Turnover in July remained elevated by standards of the past few year at about 11%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of …
MAPF Portfolio Composition: June, 2016
Turnover in June ticked upward to about 13%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relatively homogeneous Straight Perpetual …
July 29, 2016
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
July 28, 2016
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
DBRS Maintains Negative Trend on Bank Debt; Preferreds Stable
DBRS has announced that it: has today maintained the Negative trend on the senior and subordinated debt ratings of the Royal Bank of Canada, The Toronto-Dominion Bank, the Bank of Nova Scotia, the Bank of …