Jan 11, 2023 | Monthly Commentaries
“An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.” Evan Esar The passage of one year into the next is marked by some interesting customs and traditions. Americans watch the ball drop, Spaniards eat...Dec 6, 2022 | Monthly Commentaries
“Tomorrow is promised to no one.” Clint Eastwood One More Sleep. Every Canadian bond nerd has tomorrow circled in their calendar. It is the day the Bank of Canada (BoC) delivers its latest installment in what has been an aggressive series of rate increases. So far...Oct 11, 2022 | Monthly Commentaries
“They’re back.” Poltergeist After a long and dormant hiatus, it seems that ‘bond vigilantes’ are making a comeback. The term, first coined in the early 80s by Ed Yardeni, refers to investors selling bonds to drive up yields and thus a government’s borrowing costs. It...Sep 9, 2022 | Monthly Commentaries
“The human brain is special. It starts working as soon as you get up and it doesn’t stop until you get to school.” Milton Berle For millions of students and teachers, it is that dreaded time of year again, back to school. The long days of summer fun are...Aug 10, 2022 | Monthly Commentaries
“You can get with this, or you can get with that.” Black Sheep In philosophy, a false dichotomy is when a situation is framed as a choice between only two alternatives when, in reality, other options exist. These either/or arguments are often used rhetorically to...Jul 13, 2022 | Monthly Commentaries
“Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” Warren Buffett Coupons, discounts, sales, clearances, markdowns, etc. represent an old and powerful set of weapons in the marketer’s arsenal. Their ubiquitous use...
