Philip

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Beijing’s Rules for State Capitalism Are Changing

When Shanghai Chaori Solar Energy, a Chinese solar cell-maker and power-generator, missed an interest payment on its bonds in February 2014, the Chinese government didn’t intervene. As a result, Shanghai Chaori became the first Chinese company to default on servicing its debt — since 1997.<p>That …

Canadian dollar: Purchasing power parity points to 85-86 cents

About a year ago, The Globe and Mail columnist David Parkinson echoed one of our research papers in which we expressed our concerns about the sustainability of Canadian dollar parity. Our thinking at that time was along these lines: The Canadian economy should underperform the U.S. economy down the …

As demand for resources moderates, the Canada-China ‘honeymoon is over’

China's leaders are positioning the country for a new era of lower, single-digit growth led more by consumer spending. That reshuffles the lineup of suppliers to the world's second-largest economy and appears set to push Canadian commodities producers to the margins.<p>"The commodities super cycle – I …

Why wealthier Canadians are holding a big chunk of their assets in cash

The amount of cash sitting on the sidelines is on the rise among wealthy Canadians amid a growing concern over low interest rates and market volatility.<p>Despite very strong global stock-market performance, more than one-quarter of wealth among global high net worth (HNW) investors is sitting in …

28 websites every ETF investor should bookmark

The Globe and Mail<p>hide navigation<p>28 websites every ETF investor should bookmark<p>subscribe<p>register<p>log in<p>search button<p>AdChoices<p>Email to friend<p>Share on Twitter<p>Share on Facebook<p>Share on LinkedIn<p>Share on WhatsApp<p>close panel<p>open sub categories<p>open sub categories<p>open sub categories<p>open sub categories<p>open …

Why Rich Stay Rich, and the Poor Stay Poor

<i>The following is a guest post. If interested in submitting a guest post, please read my guest posting policy and then contact me.</i><p>Everyone wants to be …