On July 18, 2016 the Canadian Imperial Bank of Commerce (CIBC) became the first Canadian bank to sell bonds with a negative yield. Worse than that the CIBC had no problem selling the debt even though it’s guaranteed to lose money if held to maturity. The bank raised almost $1.8 billion via a bond sale…
read moreMonth: July 2016
The Donald or Hillary: It’s Tribal
Naturally with the Republican National Convention taking place this week the fitness of The Donald as President has once again taken the centre of debate on social media, most especially amongst many of my more ‘progressive’ friends and associates. Doomsday scenarios, demagogue, war, hate, class warfare you name it, it’s all part of the narrative. …
read moreWhat does Brexit Signal?
Putting aside the non-stop debate in the mainstream media driven by the sheer terror of the political establishment, government elites, and those with a vested interest in maintaining their positions as members of the status quo the real question we need to be asking in order to effectively plan for the future is; Does Brexit signal…
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