My canadian business
Dollarama, the largest chain of dollar stores in Canada, is doing an initial public offering (IPO) of shares. Blogger Canadian Capitalist asks: “Should you bite?”

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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. ...

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“We are in the midst of a sea change in U.S. hegemonic influence in political, financial and economic spheres. American financial, economic and political power has peaked,” writes Sherry Cooper, chief economist with the BMO Financial Group (as quoted in Jeff Sanford’s column). Really? Is it all that bad?

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