The American public is not too impressed with the newest milestone reached on the stock exchange. While unemployment remains high, the public (and the voters) remain upset with the current state of affairs as a recent poll has shown. See this article for more details. Meanwhile, I was obviously wrong with saying that the Dow [...]
Posts Tagged ‘economics’
Dow over 11,000 — but what does that mean?
October 11, 2010Dow dips below 10,000
August 31, 2010Attention grabbing headline, but not relevant anymore as the Dow has since risen back above the psychologically significant 10,000 mark. Where the Dow is headed is still a mystery, but I know from my recent trip to the US, the second wave of this recession seems to be coming around. Quite a while ago a [...]
Go east young man (or woman)
March 18, 2010I know this is happening in the technology industry, so I am not surprised that recent business school graduates are seeking adventure and fortune in Asia. I can definitely see the attraction that unattached people might have. Speaking as someone who did work overseas for two years, there is no guarantee of success, it could [...]
Positive signs
March 17, 2010I look through some of my posts and realize that I have a slightly negative tone to the blog. Well, today I will pass on some positive news–at least it’s positive for the industry I work in. The good ‘ole supply and demand economics is working, with semiconductor companies not going overboard building fabs so [...]
Canadian Housing Bubble(?)
March 15, 2010One of the biggest economic questions we have in this country right now is whether there is housing bubble or not. House prices are on the rise again, as we seem to be “out” of this most recent recession. Is this a good thing? One thing that I have noted is that the home prices [...]
Wall Street: Can we live without it?
December 11, 2009During my very chilly walk with my dog tonight, I was listening to the Invisible Hand podcast from Heron and Crane. This episode was a review of the book “Liquidated – An Ethnography of Wall Street” by Karen Ho. Quite an interesting interview. Many know about how the people running the big investment banks may [...]
HST is passed
December 10, 2009I’ve barely been involved in the discussions about the HST, too much work and American news I’ve been digesting, but here it is. There has been some negative feeling towards this tax, mostly started by those who could lose the most (realtors, mutual funds, and certain retailers). But looking a little further into this harmonization [...]
HST protest and the new digital age
November 25, 2009Yesterday I received an email from a co-worker that originated from the Ontario realtors association. The email proclaimed all the bad things the HST would bring for those who wanted to buy a house. It was obviously a biased email–BTW, I am still researching the HST, and don’t have a final answer on what I [...]
Ayn Rand is big again.
November 25, 2009I’ve been hearing alot about Ayn Rand recently–Crackpot Adam Curry keeps trying to get Buzzkill to read Atlas Shrugged, while Chris Gondak has reviewed the Jessica Burns book “Goddess of the Market”, a biography of Ayn Rand. With two of my favorite podcasts mentioning her, I decided to do a bit more research. I found [...]
The war on capitalism
November 20, 2009While reading an issue of MoneySense, the last page had a review of 5 recent DVD releases concerning the current state of capitalism, including Michael Moore’s new movie “Capitalism: A Love Story”. Capitalism is certainly taking a hit right now, and maybe the lack of regulation has definitely caused some problems. But I don’t think Communism [...]
