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ECB’s half point cut too little too late
The Swiss National Bank matched the move at any pass meeting this week, cutting rates to 2pc. It warned that the Swiss economy may contract nearest year because the dramatic rise in franc plays slaughter with exports. Denmark and the Czech Republ
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Words from the (investment) wise for the week
Welcome to Wall Street, Barack Obama. His victory signaled a change in US political direction, but the biggest election day rally ever – a surge of 4.1% in the S&P 500 Index on Tuesday 14
Consumer confidence in the UK fell in October
A partial improvement in risk taking this week aided the British pound as the currency ended the week up 0.9% versus the US dollar. However this hardly made up the ground lost the prior week when the pound fell nearly 8% versus the greenback. 14
BOE will cut another full point in December
While a shock and awe approach to rate cutting Thursday saw the Bank of England cut the key rate 150 basis points to 3% briefly lent the British pound support, weak economic data piled up and left the currency down 2.5% against the greenback at t 13
Quarterly Commodity Price Report
Still brushing away the suds left behind after the bursting of this year’s price bubble and facing the deepest global economic downturn in decades, world commodity markets have continued to get ounded in recent weeks. 13
The End of the Economy As We Know It?
If we examine our lives closely, we realize that most of our interactions with other people on this planet are economic in nature. We sell our labor and buy the things we need and want from other people, even from people we never meet from across 13
Swiss franc ended the week down 1.8% against the US dollar
The Swiss franc ended the week down 1.8% against the US dollar on signs of a modest recovery in risk taking activity and unwinding of safe haven trades including long francs against euros (had an indirect negative impact on franc versus the US$). 13
A Workable Solution To the Daycare Crisis in Canada
Canadians should be much more concerned about the ability for parents to secure daycare services. The Canadians who should be most concerned are baby boomers and seniors. They should be screaming for policies that will favour families having ch 
