Latest Blog Posts
Canadian pipelines: good bad ugly and nightmares
Author: Hilliard MacBeth
Pipelines: The Good, the Bad, and the Ugly Another pipeline fantasy rises from the political graveyard. Premier Danielle Smith is pitching... Read more
Cut throat competition in China could spread worldwide
Author: Hilliard MacBeth
China’s War on “Involution” China is cracking down on “blind and disorderly competition,” also called involution. Factories keep building... Read more
The Mag 7 are the most expensive stocks ever by a wide margin
Author: Hilliard MacBeth
Mag 7: The Most Expensive Stocks in History The top stocks in 2025 make the dot-com bubble leaders look cheap. Back in 2000, the leaders... Read more
Powell only has bad and worse options
Author: Hilliard MacBeth
Powell’s Quandary: Bad and Worse Options Chair Jerome Powell of the U.S. Federal Reserve admits he is in a bind: the economy is flashing... Read more
Bank mortgage lending created the Canadian housing bubble
Author: Hilliard MacBeth
Substantial acceleration in bank mortgage lending for residential real estate was essential in creating the Canadian housing bubble... Read more

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