The blame game has begun: India central bank Governor Raghuram Rajan warned of a breakdown in global policy coordination after the Federal Reserve further cut stimulus, weakening emerging-market currencies from the rupee to the Turkish …
Search Results for: performance
January 30, 2014
I’m all in favour of ETFs (most of them, anyway. Not the silly ones). By reducing friction, they make it easier for small investors to construct a well diversified portfolio. Trouble ensues when all these …
January 29, 2014
The Fed is forging ahead with tapering: The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace and the unemployment rate will gradually decline toward levels the Committee judges …
January 28, 2014
I always take heart from evidence that governments don’t really control economies: When Argentina decided last week to ease limits on dollar purchases, it became the latest emerging-market nation to acknowledge that capital controls usually …
SJR.PR.A: Credit Outlook Positive, says S&P
Standard & Poor’s has announced: •Calgary-based Shaw Communications Inc. has notably improved its credit ratios in the last few quarters. •We are affirming our ‘BBB-‘ corporate credit rating on Shaw and revising the outlook to …
January 27, 2014
This is interesting … the demand for physical gold is (currently) uncorrelated with demand for gold certificates: Austria’s Muenze Oesterreich AG mint hired extra employees and added a third eight-hour shift to the day in …
January 24, 2014
Beware! Galloping inflation! Consumer prices rose 1.2 per cent in December on an annual basis, a faster pace than November’s 0.9 per cent, Statistics Canada said Friday. The rise in the pace of inflation was …
January 23, 2014
Taper? Schmaper!: Treasuries rose the most in almost two weeks, pushing the 10-year note yield further below the level when the Federal Reserve voted last month to taper its bond purchases, as economic reports showed …
January 22, 2014
Here’s a headline we haven’t seen in a while: inflation in Japan: The Bank of Japan refrained from boosting unprecedented easing as accelerating inflation marks progress in its bid to stamp out 15 years of …
January 21, 2014
Kevin Carmichael and Tara Perkins of the Globe are speculating about the next Superintendent of Financial Institutions: Mark Zelmer, a former chief of the Bank of Canada’s financial stability department, represents OSFI at the Basel …