China stock markets getting cheaper and cheaper Published by Hilliard MacBeth on Jul 30, 2021 Stock markets in China are getting even cheaper. The Hong Kong-based Hang Seng Index is down more than 20 percent from its January 2018 high. The Chinese government is cracking down on the largest technology companies. Investors are getting spooked by... Read more
A gray rhino in China could rock the world Published by Hilliard MacBeth on Jul 23, 2021 China has a property bubble second to none in the world. Evergrande is the second largest property developer in China and one of the largest in the world. Could Evergrande’s troubles burst the Chinese property bubble? Source: Macmillan Publishing, 2016... Read more
OPEC faces an existential threat Published by Hilliard MacBeth on Jul 16, 2021 OPEC failed again to reach agreement among its members and others to increase the supply of crude oil, a failure that risks an even greater surge in the price of oil which could trigger a worldwide recession. Five of the last six recessions have been... Read more
Canadians need wishful thinking to believe in the housing bubble Published by Hilliard MacBeth on Jul 09, 2021 Canadian housing is expensive. Household debt in Canada is at record levels. And yet there is still enthusiasm about buying more real estate, and very little fear of a crash. Why are Canadians so complacent about houses? Canadians buying real estate have... Read more
Wilful Blindness and money laundering Published by Hilliard MacBeth on Jul 02, 2021 “Wilful Blindness”, by Sam Cooper, describes how Canada has become a prime destination for money laundering. The book, released in 2021, ranks as a best seller for its entertaining and shocking descriptions. However, the reader is forced to ask uncomfortable... Read more