What’s Love Got to Do with It? | January 2023

“What’s love but a secondhand emotion?” Tina Turner On the fourteenth day of this month, romantics across the globe will celebrate what Plato once called theia mania, the divine madness.  While the origins of Valentine’s Day lie in ancient Rome, the first...

The 2023 Forecast of Forecasts| December 2022

“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...

You’re Only A Day Away | November 2022

“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...

The Return of The Bond Vigilantes | September 2022

“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...

Your Back To School Cheat Sheet | August 2022

“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...

An Ode To Sideways | July 2022

“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...