Rate hikes by the Reserve Bank of Australia have led some analysts to wonder if the Bank of Canada will be soon following suit. David A. Rosenberg, Chief Economist & Strategist at Gluskin Sheff, is not one of them.

A previous post on bond ETFs elicited requests to explain why it is important to look at the yield to maturity instead of the yield quoted on financial portals like Yahoo Finance. Just why, for example, is it misleading to use Yahoo Finance’s quote of 4% on the iShares Canadian Short-Term ...

Many people think recent weakness in the U.S. dollar marks the beginning of a lengthy decline. With the global flight to safety waning, the natural tendency of a debased currency is coming to the fore. Indeed, net short selling of the U.S. dollar on the Chicago Mercantile Exchange during the ...

Siddhartha Lokanandi is a New Yorker who regularly uses credit cards to help him make big-ticket purchases. Last fall, for example, he put several thousand dollars on one card in order to send his mother to India.

How might markets and economies unfold from here? Probably one of the better persons to ask this question is Robert Barbera, a noted Wall Street economist who has been following economic trends for over 25 years. He is also a professor at Johns Hopkins University and author of a recent ...

Could it be the early glimmerings of a policy bind? It seems the more the stock market rallies and the economy quickens, the more yields on government bonds climb. Of note, the 30-year U.S. government bond jumped to 4.3% last week. And despite the Federal Reserve allocating $300 billion to ...

I recently noted a warning to take all of the hype around positive U.S. housing numbers with a grain of salt. It was issued by Robert Brusca, an always entertaining independent Wall Street economist who isn't easily swayed by numbers. I am now posting again because Brusca just sent me ...

The 25% plunge last week in the Baltic Dry index is not good news for those hoping for a mild recession in the global economy. The index measures the cost of shipping raw materials by ocean tanker and is considered a leading indicator of the direction of the world economy. ...

Many commentators think the Federal Reserve's dramatic rate cuts are flooding the world with liquidity and the consequence will be acceleration in inflation and debasement of the U.S. dollar. Bernanke is flying his helicopter over the U.S. dropping off bundles of freshly printed money, to paraphase a common refrain. So ...