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Follow our perspective on the global macro factors, economics, politics and human psychology that drive markets.

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  • Long-Term Impact of Monetizing Debt

    9/7/2012

    The only short-term politically palatable solution is for central banks to monetize debt “to get through the current difficult economic period” as one official put it. This is not a solution and present...

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  • TSX Likely to Slide Before Support Develops

    8/31/2012

    The TSX appears to failing above the 200-day average as anticipated. A cooling in the energy and gold stocks are the main catalyst, but bank earnings, while tending to be better than expected (especiall...

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