Hilliard’s Weekend Notebook


Thoughts, views and opinions as current events unfold: With topics taken from current market events and my latest book — When the Bubble Bursts: Surviving the Canadian Real Estate Crash (Dundurn: March 2015)  and my first book Investment Traps and How to Avoid Them (1999) — this short piece will give you unique and valuable insights filtered by my thirty-six years’ experience as an investment professional.
 

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China threatens the U.S. again...

Published by Hilliard MacBeth on May 31, 2019

China escalated the trade war by using language in a warning that’s only been used twice previously. The latest threat involves withholding the sale of components known as “rare earth elements”. These metals are used in many applications and China is... Read more
Key risks to the Canadian financial system redux

Published by Hilliard MacBeth on May 24, 2019

The Bank of Canada (BOC) released its Financial System Review on May 16, 2019. This periodic review includes the BOC’s assessment of the key risks, or vulnerabilities, to the Canadian economy and the financial system. One of the central bank’s main responsibilities... Read more
China might not back down

Published by Hilliard MacBeth on May 17, 2019

The U.S. trade war with China escalated last week, as a deadline imposed by the U.S. administration passed, without any agreement. The U.S. placed additional tariffs on imports of goods from China that take effect on June 1. The outlook for an agreement... Read more
The Bank of Canada says housing markets are frothy

Published by Hilliard MacBeth on May 10, 2019

The Bank of Canada (BOC) Governor Stephen Poloz spoke on May 6, 2019 to the Chamber of Commerce in Winnipeg. He gave some detailed comments about housing markets in Canada. He called the housing market “frothy”, continuing the tradition of refusing to... Read more
Deficits don't matter

Published by Hilliard MacBeth on May 03, 2019

Modern Monetary Theory, or MMT, is the hot topic today. MMT has pushed its way to the front of the discussion on the economy and likely will be debated during the Presidential election next year. At least one well-known money professional, Ray Dalio of... Read more