Published by Hilliard MacBeth on Nov 24, 2023
The price of gold jumped above $2,000 per ounce this week, as the market started to expect an interest rate cut in 2024. Gold and gold shares have performed well during recessions and during periods when the stock market sold off. The price of gold has... Read more Published by Hilliard MacBeth on Nov 17, 2023
Wind power was predicted to boom in the U.S., partly due to incentives under the Inflation Reduction Act. Plans to build offshore and onshore wind turbine farms were expected to create a surge in capital investment and provide substantial new sources... Read more Published by Hilliard MacBeth on Nov 10, 2023
Canadians are drowning in debt — of all three types. The total amount owed in government, household and corporate debt has soared since 2010. Of particular concern today is the rapid increase in federal government debt since 2020. Can Canada escape this... Read more Published by Hilliard MacBeth on Nov 03, 2023
The Federal Reserve kept rates unchanged this week, at the highest level since 2001. The chair, Jerome Powell, insisted that the Fed might have to hike more, if inflation does not behave in the next few months. The last rate hike in the U.S. occurred... Read more