Category: Business Columnists

The Housing Market in July

Commentary Housing markets in Canada are really upside down. Recently, Canada’s aggregate housing price index suffered the biggest decline in nearly 20 years. On July 6, CBC News—the Canadian public broadcaster—reported, “The Toronto Regional Real Estate Board (TRREB) said 6,474 homes were sold in the Greater Toronto Area last month, down by 41 percent compared…


US and G-7 Development Initiative: Good Idea but Maybe Too Little, Too Late

Commentary The Global Infrastructure and Investment with $600 billion in funding is a good idea—but comes 10 years later and pales in comparison to the $1 trillion estimated for China’s Belt and Road Initiative. On June 26, the White House issued the “Memorandum on the Partnership for Global Infrastructure and Investment” (GII) to fund development…


Why Is Economic Science So Isolated?

Commentary In Deborah Birx’s revealing book (“Silent Invasion”) on her role in the pandemic response, she continually pits public health against economic concerns. The opposition to lockdowns within the White House came entirely from the economics team. It drove her nuts. “I saw the economic consequences as a ‘tomorrow issue,’ while human life was a…


The Mysterious Man Driving China’s EV Dominance

Commentary The electric vehicle market is growing. Last year, EV sales doubled to a record high of 6.6 million. Is the EV race a sprint or marathon? This question divides commentators. What doesn’t divide commentators, however, is the fact that China is dominating the EV space. And there’s one man—who most people outside of China…


Biden Administration Is Working to Reduce China Investment and Trade—But Moving Slowly

Commentary The Biden administration is taking steps to restrict China’s investment and trade to slow Beijing’s quest for dominance, but it is slow going with piecemeal and often uncoordinated legislation. American money supports the Chinese Communist Party (CCP) juggernaut on both sides of the Pacific. China is buying up assets in the United States, while…


The Strangest Recession of Our Lifetimes

Commentary The evidence of economic weakness and decline fill the headlines day by day, with major banks reporting lower earnings, big box stores with excess inventories, home sales skidding, and consumer sentiment crashing. Meanwhile, inflation in all sectors is raging so high and hot that it has overtaken every other issue that polls say matter…


More Bad News on Inflation

Commentary Each bit of inflation news discredits Washington’s excuses. America recently received still more bad inflation news. The Labor Department reported that its benchmark consumer price index (CPI) rose 1.3 percent in June and stood 9.1 percent above year-ago levels. This news makes any administration excuses for these price pressures even less convincing than they…


When Will Inflation End?

Commentary  When will inflation cool down and prices return to normal? Certainly not in the near term. According to the most recent CPI numbers released from the Bureau of Labor Statistics, CNBC reported on July 13th: “Energy prices surged 7.5 percent on the month and were up 41.6 percent on a 12-month basis. The food…


Unprecedented Warning About Leaping From the Frying Pan

Commentary By now you’ve digested the June CPI report. It’s been all over the media, pulled apart and dissected for mainstream, rudimentary analysis. The headline above 9 percent (annual) for the first time in a very long time, being the highest again in more than forty years primarily due to the usual suspects food and…


A Guide to Hedging for the Amateur Investor–Part II

Commentary I’ve been seeing a lot of important questions recently from amateur investors regarding some of the more advanced topics in the investing world. Many people have been taught about things like diversification and dollar cost averaging, but don’t really understand concepts like hedging, offsetting different kinds of risk, or shorting stocks. In my first…