With the U.S. debt ceiling becoming an ongoing economic issue for American politics, you may be confused about some of the terms you hear and read in the news – or worse, maybe you don’t even question them and you talk about “debt” and “deficits” interchangeably.
Taxes and spending sound equally bad too, but there are [...]
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The difference between deflation and disinflation is quite important but not one you hear as much about. Yet it is important to not the difference because the two are not quite the same thing at all.
Keep in mind that INFLATION, strictly speaking, is an increase in the money supply (which eventually leads to an increase [...]
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November 10, 2010 · 3 comments
in Asia, BRIC, China, G20, RMB, USD, World Bank, central banks, currencies, exchange rates, foreign investment, forex, international economy, international stock market, market reports, market trends, money, news and updates, sovereign debt, terminology, world order
You may not have heard of this yuan yet – but the renminbi officially has a new, unofficial nickname – the “redback.” That’s right, it looks and sounds the way you think it’s trying to look and sound. Not only is the renminbi note red, but it’s got a picture of Mao on the [...]
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August 26, 2010 · 2 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 [...]
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August 18, 2010 · 7 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 [...]
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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 [...]
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