Record high closes yesterday for the S&P 500 and NASDAQ have done little to help global equities today. Most of the Asia Pacific region markets, but Japan and Australia slipped ahead of the weekend while...
A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. European yields are lower, though hawkish comments are weighing on UK Gilt prices. Australia’s jobs...
The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
For almost a year now, recreational marijuana can be legally sold and purchased in Canada. But what looks like a once-in-a-lifetime business opportunity is proving to be an elusive pot of gold, reports Nicolas Martin....
There were only a few formal disputes under NAFTA 1.0. It says more about the adjudication process than the underlying issues. It was not binding. The Democrats want stronger enforcement provisions in what the NAFTA...
Anxious gas and oil workers in Canada have demanded an end to what they see as job-killing anti-pipeline policies. But Ottawa faces a dilemma: How to balance job security for those workers while fighting climate...
There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month...
Auto giant General Motors will close a number of plants but says that most of the layoffs will be white collar jobs. The company also wants to shift resources away from conventional cars to trucks,...
As the US and Mexico unveil a reworked trade agreement, the old one’s third leg, Canada, said its signature is needed and it may not sign it. But what have the US and Mexico agreed...
What a beautiful sight! Look around at world’s leaders such as Donald Trump or Xi Jin Ping; would you be sorry if you did not get another look at them? And then look at Justin...
Whiplashed? Last weekend, President Trump threatened again to walk away from NAFTA. Within 48 hours, reports suggest he wanted an agreement at next week’s Summit of the America (April 13-14 in Peru). The art of...
In response to the resignation of one of the few “globalist” advisers in the US Administration, the resignation Cohn has sent ripples through the capital markets. Stocks have been marked down across the world. The...