Category: Economy Written by Glen Asher

New home sales in the United States look like they are on a tear, at least compared to levels from early 2010.  Here is a graph from FRED showing how sales data for new single family homes has improved since just after the end of the last recession:   Let's do a bit of background work on the concept of labor share.  The notion of labor share is how economists measure the share of employee

Category: Markets Written by Glen Asher

As a geoscientist that was employed in the oil industry for nearly three decades, I still watch the world's oil markets closely.  I had been watching the relationship between the price of oil (West Texas Intermediate or WTI) and the price of gasoline for the past couple of years and have

Category: Economy Written by Glen Asher

The recent Quarterly Report on Household Debt and Credit from the New York Fed shows an interesting change in the trend of household debt in the United States.   Here is a graphic showing the total household debt balance, including both

Category: Economy Written by Glen Asher

In Part 1 of this series on the impact of central bank actions on the economy, I looked at the total size of the interference in the free market by the world's four major central banks; the Federal Reserve, the ECB, the Bank of England and the Bank of Japan.  In Part 2, I looked at the

Category: Economy Written by Glen Asher

In Part 1 of this series on the impact of central bank actions on the economy, I looked at the total size of the interference in the free market by the world's four major central banks; the Federal Reserve, the ECB, the Bank of England and the Bank of Japan.  As a reminder, here is a graph

Category: Economy Written by Stephen Pate

In Canada media organizations aren’t on life support; they’re committing suicide by a thousand cuts

10,000 layoffs in Canadian Media

Outdated technology and a shift to the internet are having a drastic effect on newspaper, radio and TV job prospects.

By Jan Wong