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Yearly Archives
2013
Full text: Moody’s upgrades Turkey’s government bond ratings to Baa3, stable outlook
Editors note: Moody’s released the following press release yesterday in conjunction with a ratings action it took on Turkish sovereign debt. Moody's Investors Service has today upgraded Turkey's government bond ratings by one notch to Baa3…
Some thoughts on Canada’s housing market
This is a more in-depth follow-up piece to the free article I wrote yesterday. In the wake of the recent Ira Sohn conference and the revelation that hedge funds are starting to short housing-related Canadian stocks, there is a lot of bubble…
On big data and why Google’s Android is winning and fragmentation is no longer a problem
Google's big developer conference began yesterday and we heard a lot of news about what Google has planned over the coming months. However, the big highlights centered around the Android platform. As I have indicated over the past 4 years,…
Europe’s sinking economy
Europe's GDP numbers have just been released today and they are miserable. They show the Netherlands and France in recession along with the rest of the periphery. And even outside the euro zone, we got some pretty dire numbers out of the…
Has house price deflation begun in Canada?
Yesterday, the Teranet-National Bank National Composite House Price Index for Canada was released. It showed that 12-month home price inflation in Canada was down to 2.0%, the lowest level since November 2009. And given the huge amount of…
Portugal’s Japanese Problem
In a number of posts recently I have highlighted the impact of declining workforces on economic growth and the way the policies pursued to address the Euro debt crisis are having the impact of accelerating the movement of young people away…