Published by Hilliard MacBeth on Dec 17, 2021
The Canadian housing mania is two decades old. During that period various house prices are up to three to four times in most cities while the largest CPI component — shelter — is up only marginally. How is such a flawed method of calculating housing costs... Read more Published by Hilliard MacBeth on Dec 10, 2021
The stock markets in Europe are much cheaper than the U.S. In fact, based on price-earnings (P/E) ratios, some European indices like the U.K. FTSE 100 are at the cheapest level ever in relation to the U.S. benchmark, the S&P 500. Is this a buying opportunity... Read more Published by Hilliard MacBeth on Dec 03, 2021
Policy makers in the U.S., and elsewhere, are in the middle of making a dangerous policy mistake, according to Martin Barnes, a prominent economist. The Federal Reserve is “caught in a trap of its own making”. Martin Barnes, formerly chief economist of... Read more