Category: Markets Written by Glen Asher

Mr. Bernanke's recent comments before the Congressional Joint Economic Committee on June 7th brought up the subject of Europe and its debt crisis.  Here is a quote from his testimony:   "Nevertheless, the situation in Europe poses significant risks to the U.S.

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Category: Markets Written by William Belle

The bank J PMorgan Chase has lost two billion dollars. To paraphrase Jamie Dimon, current chairman, president, and chief executive officer of the bank, "Oops, sorry. It won't happen again." Am I having a flashback to 2008?

The United States, no the entire world, went through the

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Category: Markets Written by Glen Asher

Category: Markets Written by David Grondin

Category: Markets Written by Glen Asher

Recent news coverage from Europe, particularly Greece, has shown us just how unpopular government austerity measures are among the "sweaty masses".  People tend to express anger when the ruling class imposes cuts on entitlements, particularly when those cuts have been necessitated by

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Category: Markets Written by Glen Asher

Thanks to a link provided by a reader, the subject of this posting will be the debt level of Canadians with statistical data provided by Statistics Canada.  The National Balance Sheet - Credit Market Summary provides all debt data for individuals, businesses and corporations and governments

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Category: Markets Written by Glen Asher

Over the past year, many nations, particularly those in Europe, have seen the yields on their sovereign bonds skyrocket to levels not seen for decades in some cases.  Since bond yields rise as bond prices fall, these higher yields are a result of dropping prices for bonds as demand for riskier

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