Canada Rebels against the Destruction of the Loonie by Wolf Richter • Jan 19, 2016 • 56 Comments The fear of “currency instability.”
Canadian Stocks in Bear Market, Loonie Swoons, Crude Crashes to $16, Consumer & Business Confidence Dives… by Wolf Richter • Jan 12, 2016 • 32 Comments “Investment and hiring intentions at lowest since 2009”: Bank of Canada
Welcome to 2016! With Just a Touch of Mayhem by Wolf Richter • Jan 4, 2016 • 28 Comments On the first trading day, all heck breaks loose.
What the Heck Happened to Our Santa Rally? by Wolf Richter • Dec 20, 2015 • 20 Comments The Fed speaks, markets come unglued.
Bank of Canada Crushes Loonie, Created Mother of All Shorts by Wolf Richter • Dec 12, 2015 • 52 Comments All-out currency war. Clear winners: rich Chinese who buy homes in Canada.
Foreign Investors Bail out of Canada’s Money Machine by Wolf Richter • Nov 16, 2015 • 4 Comments First net outflow from Canadian securities since 2008.
Shell Scraps Oil-Sands Project, Points at Big Issue For Canada by Oilprice.com • Oct 28, 2015 • 14 Comments It’s been a brutal few weeks for Royal Dutch Shell.
Canada’s Retail Prices Jump the Most in “Over a Decade” by Wolf Richter • Sep 23, 2015 • 13 Comments Sudden, sharp pain at the cash register.
The Time Bomb under Canada’s Economy: Soaring Household Debt, and Suddenly Delinquencies! by Wolf Richter • Sep 16, 2015 • 19 Comments “Fortunately, there’s little need to fret about households’ ability to carry all that debt.”
“There’s Just No Cash”: Oil Bust in Canada Hits Creditors by Oilprice.com • Sep 14, 2015 • 6 Comments What happens when an entire industry, even at higher oil prices, can no longer service its debt?