The end of the Greenspan Put Published by Hilliard MacBeth on Dec 21, 2018 The Federal Reserve open market committee hiked rates again. The stock market didn’t like what Fed chair, Jerome Powell, said at the news conference on Wednesday, and what he didn’t say. Since 1987 when then chair of the Federal Reserve, Alan Greenspan... Read more
The China-U.S. conflict takes a nasty turn in Vancouver Published by Hilliard MacBeth on Dec 14, 2018 The arrest in Vancouver of a senior officer of Huawei highlights a U.S.-China conflict that could affect investors. Most of the recent US-China articles focus on their so-called trade war. And struggles over trade policy affect stock markets. If it looks... Read more
Alberta tries to save the oil sands Published by Hilliard MacBeth on Dec 06, 2018 The Government of Alberta ordered producers to cut their production of heavy oil by 8.7 percent on January 1, 2019. Claiming to represent the “owners of the resource,” the Notley government decided on this extraordinary intervention into the market. The... Read more