Category Archives: Economics

Fastest growth since 1867

Welcoming 1.2 million new people this year Happy holidays, everyone. 🎅 With a new year comes new challenges and opportunities. But one thing that won’t change much in 2024 is the rate of immigration, lol. The government recently decided to plateau its long-term immigration targets, gradually increasing the amount of new permanent residents from 465,000 in 2023 to… Read More »

The price of marriage

Tying the knot can have many practical financial benefits. Married couples often have dual incomes. They get tax breaks, enjoy economies of scale, can rely on each other during adverse life events, and generally have a longer life span than unmarried folks. But is it possible to put a dollar amount on the benefits of marriage? Well, some… Read More »

Consumer delinquencies climb

  You may have noticed the stock market going up lately. But the S&P 500 index has only been driven up by a handful of concentrated companies in the technology sector. The AI hype is real. Most stocks, however, are actually trading below their 50 day moving averages. The financial sector has been one that’s been underperforming. My… Read More »

Shoes worth more than a house

Air Jordans sell for record $2.2 million Auction house Sotheby’s just sold a pair of signed sneakers that Michael Jordan wore during the 1998 NBA finals. The record breaking $2.2 million winning bid was actually on the low side of expectations. The pre-sale estimate was a range between $2 and $4 million. “The sale speaks volumes of Michael… Read More »