The Shanghai Stock Exchange Composite (SSEC) index is at a crucial crossroads with serious implications as to whether or not slower global growth is at hand. Take a look at where it currently is and continue to watch closely in the days ahead.
Read More »Nouriel Roubini: Global Economy Faces These 4 Major Downside Risks
While recent developments seem to suggest some positive news for the global economy, there are at least four downside risks that could materialize this year – undermining global growth and eventually negatively affecting investor confidence and market valuations of risky assets. [Let me spell them out.] Words: 933
Read More »IMF Begs Policymakers to Prevent World Economy From Falling into a 1930s-style Death Spiral!
The International Monetary Fund (IMF) painted a stark picture of the global economy this week slashing the outlook for world growth while forecasting a damaging recession in Europe that will leave no country, including Canada and the U.S., unscathed. The report stated that financial conditions have deteriorated, growth prospects have dimmed, and downside risks have escalated and, as such, policymakers must immediately move forward together to save the world economy from falling into a 1930s-style death spiral because the longer corrective action is put off the worse it will actually get. Words: 640
Read More »A Cynical Guide to Reading Mutual Fund Brochures (+2K Views)
When a fund brochure says: Diversified it really means: We will basically buy the index and go golfing - and 10 other interpretations of fund jargon. Words: 189
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