August 26, 2010 · 0 comments
in ADRs, Australia, Canadian, M&A, S&P/TSX, agriculture, business, capitalism, commodities, financial education, international economy, market reports, news and updates, potash, resources, stocks, terminology
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If you’re a Canadian investor or you follow the commodities market, you’ve heard of BHP Billiton’s hostile takeover proposal for Saskatchewan’s Potash Corporation of Canada (TSX: POT) last week.
BHP Billiton proposed a buyout of Potash at a price of just $130/share. A price significantly lower than the June 2008 highs above $200/share that we saw [...]
August 18, 2010 · 6 comments
in September, VIX volatility, indicators, market crash, market reports, market timing, news and updates, preparedness, technical analysis, terminology, theories, wealth protection
So what’s this “Hindenburg Omen” you may have been hearing about lately? Is it an economic conspiracy theory, or does it really have any value as a leading indicator for a market slowdown?
The Hindenburg Omen is a technical indicator created by the blind mathematician, Jim Miekka, that is supposed to predict financial crashes – and [...]
August 17, 2010 · 3 comments
in 2010, Canadian, S&P/TSX, banks, capitalism, credit, debt, dividends, earnings, economy, forecasts, income, international economy, international stock market, market reports, market trends, news and updates, regulation, terminology
Canadian banks have the best balance sheets among all world banks, but the top 5 Canadian banks can’t increase their dividends until they learn from Basel III what the new regulations are going to be concerning capital requirements for banks.
Not long after Basel III’s new capital and liquidity rules are announced, banks will likely be [...]
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If you’re not used to it, the process for applying to rent an apartment can be a bit confusing at first. It seems much easier, after all, to just deal privately with a landlord/landlady him/herself.
In the U.S., many apartments (or should I say most?) will require that you apply just in order to even be [...]
July 13, 2010 · 3 comments
in George Soros, bailout, charity, economics, gifts, philanthropy, stock exchanges, terminology, wealth, wealth transfer
U.S. public discourse especially, particularly during election seasons, as we saw in the primaries leading up to Obama’s election, makes a lot of fuss with the phrase “the redistribution of wealth.”
Those using the phrase seem to intend it to refer to some type of “Robin Hood” scenario, where some guy steals from the rich in order [...]
I’m sure you’ve heard some version of the phrase “it’s the bottom-line that counts.” The bottom-line refers to what you get to keep of your income after all your expenses and bills are paid.
Earnings and Bottom-Line Growth
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In business terms, the bottom-line represents earnings. Earnings are arguably the ultimate measure of growth of a business because [...]
April 8, 2010 · 5 comments
in Asia, China, G20, RMB, currencies, emerging markets, exchange rates, financial education, forex, international economy, terminology
A lot of U.S. news commentary and pundits appear to use the words “yuan” and “renminbi” interchangeably to refer to China’s currency, but the fact is that these terms are not simply interchangeable. It is not like using the words “greenback” and “dollar” to refer to USD – and it is not like the difference [...]