Weekly Economic Watch

Canada – Real GDP fell 0.6% in May, a bit worse than the -0.5% print expected by consensus. Goods producing industries saw a 2.8% drop in output, with declines in all sub-categories including oi...

Cash, NIRP And Bonds

Take a look at the $100 bill, ¥10,000 note, and €100 note. They are all pieces of paper with an intrinsic value near zero. Their money-like characteristics establish the value for each bill o...

Don't Sweat The Weaker 2Q GDP Just Yet

This report is really about an investment slowdown. , which accounts for 70% of US growth, was strong and rebounded from a weak 1Q: Personal Consumption Expenditures All three categories of spending&m...