Corporate Debt and the Great Margin Call of 2020

us corporate debt

We’re 75 days into 2020, and it’s already been one hellish year. The most powerful people in the world, from presidents to central bankers, are all trying to stop one thing right now: a global credit crisis. At the heart of their fears is record US corporate debt that stands at over $10 trillion. Despite […]

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How Can the TSX Venture Recover?

selloff on the tsx venture

This past week has been a bloodbath for investors – especially when it comes to Canadian junior exchanges like the TSX Venture. With fears over the economic impact of coronavirus rising, the TSX Venture is experiencing historic capitulation, having fallen from 582.55 on February 21 to as low as 479.09 before closing at 495 on […]

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TSX Venture Implodes – Falls 6% in Two Days

tsx venture and cse crash

The TSX Venture is in free fall as investors move to cash, and the coronavirus spreads. The risk trade is off until a massive new stimulus bill passes or the coronavirus appears to be contained. Even a new stimulus package may not have the desired effect. Not to bet against the Fed or any central […]

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Lords of Finance

Lords of Finance

Lords of Finance by Liaquat Ahamed won a Pulitzer Prize for its detailed and entertaining breakdown of the lead up to the Great Depression, and its aftershocks. The book focuses on the decision making from four critical central banks (England, France, the United States, and Germany) and how the men leading these financial institutions were […]

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US Dollar and Gold Rise in Tandem

gold and silver stocks

The world’s most famous precious metal rallied to a 7-year high last week – touching as high as $1,649 per ounce on Friday. At the same time, the US Dollar Index is trading near a 17-year high. Simultaneous strength of the US dollar and gold is a modern day monetary phenomenon. US Dollar Index Soars […]

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Longest Bull Market in U.S. History Immune to Coronavirus?

us household debt to gdp keeps economy afloat

The United States, currently enjoying its longest bull market in history, is decoupling from the rest of the world. From its currency to its stock market, the US is on demand. Despite somewhat underwhelming US growth in 2019 (2.1% GDP), investors continue to bid up America’s leading companies, the likes of which include Amazon, Google, […]

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