Putting Household Debt into Perspective . Canadian households currently owe more than $2 trillion. Our average debt to income ratio increased to 170%, making us number 1 among the G7 countries. 🙂 But do we actually have too much debt? Well perhaps not. Comparing Canada to the G7 group conveniently omits other highly developed countries. Australia’s national broadcaster… Read More »
Changes in the Financial Markets in 2018 Currencies: Canadian dollar weaken from 0.80 to 0.73 USD.(Less purchasing power and more expensive imports, such as food from the U.S.) U.S. dollar index up to 96 from 92.(Non Americans pay a higher premium to buy U.S. investments.) Stock Markets: Most markets around the world dropped in 2018, especially Emerging and Asian markets.… Read More »
Happy new year, everyone. 1999 was already 20 years ago. That was the year when The Matrix and Star Wars Episode 1 movies came out. Darn, I feel old. 😐 I think the financial markets are in for a very eventful year in 2019 as issues in the economy may expand and bleed into the real estate and… Read More »