Friday , 21 September 2018


Economy

Bottom Line: Make Up Of Workforce Is Suppressing Wages

With unemployment claims as a % of the population hitting record lows in each of the past 4 years and a record number of job openings, we can be assured that there is precious little slack in the labor market so why do wage growth measures fail to provide accurate conclusions. The answer is that the overall labor composition has shifted toward lower paid entry level Millennials replacing peak earning Boomers heading into retirement. Let me explain with the help of some enlightening charts.

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Gold Is the Latest Asset To Join the Global “Death Cross” Parade!

The crossing of the 50-day moving average below the 200-day moving average has been long used a signal of trend change and...is known as the "death cross" and such death crosses are popping up in a large number of assets including, gold, silver, copper, bitcoin, China's stocks, Germany's DAX, Emerging Market stocks, bonds, and FX and, perhaps most ominously, the Global Most Systemically Import Banks (G-SIBs).

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Major Bear Market Risks Remain Low For the Next 6 Months – But Then What?

Successfully predict the start of the next recession, plus or minus a few months, and you stand to make a lot of money. Not only can you reposition your portfolio towards bonds and cash – typically the best place to be during periods of economic malaise – but you can also sell your stocks at or near the market’s peak. If your primary objective is to invest in sync with the primary trend of the market (which typically follows the economic business cycle), then predicting the onset of a recession is your most important task.

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Setting The Record Straight On Canada-U.S. Trade

What rankles Canadians the most is the total mischaracterization of the trade relationship and the complete denial by the Trump Administration as to the facts of the bilateral relationship. Let’s look at the overall situation and then some specific sectors that have been singled out in the cross-border trade disputes.

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