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Is Stagflation Returning?

This past year we’ve seen an unmistakable uptick in inflation measures. We’ve all experienced it firsthand at grocery stores and gas pumps, now the official numbers have confirmed our observations. Canada’s December Consumer Price Index rose 4.8% on a year-over-year…

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Rationally Irrational

The finance world has long assumed that markets are “efficient”. In other words, investors’ actions are perfectly rational and they act in their self interest in order to maximize their personal benefit. It also assumes that everyone has access to perfect information…

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Predictably Unpredictable

The word “unprecedented” has been getting an awful lot of use recently... and appropriately so. In just the last seven days we’ve observed a truly remarkable series of events: Countries imposed drastic measures to limit the international and domestic spread…

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