Will High and Rising Unemployment Derail an Equity Market Recovery?

Will High and Rising Unemployment Derail an Equity Market Recovery?

The economic disruptions tied to the world’s well-intended coronavirus response have wreaked havoc on jobs. Millions filed for unemployment benefits in America, Spain and Italy in March and early April.i One million Canadians lost their jobs at around the same time,...
Is ‘Home Country Bias’ Ramping Up Your Equity Risk?

Is ‘Home Country Bias’ Ramping Up Your Equity Risk?

The decade-long global bull market ended suddenly and dramatically in February, as the shutdown of businesses in reaction to COVID-19’s spread caused massive economic disruptions across the globe. The declines have been swift and jarring, which likely has many equity...
To See Through Big Numbers, Just Do Small Math

To See Through Big Numbers, Just Do Small Math

Whenever there is news coverage of events with a financial impact, we see big numbers. The Australian wildfires are estimated to have caused A$4.4 billion in damages so far.i Germany’s budget surplus hit €13.5 billion in 2019.ii Italy has to sell €50 billion worth of...
What Causes Inflation?

What Causes Inflation?

What Causes Inflation? With eurozone inflation below the ECB’s target of just under 2%, explanations—and policy solutions—abound amongst financial publications we review regularly. To help you understand the situation, here is a guide to what inflation is and what...
How to Benchmark Your Portfolio

How to Benchmark Your Portfolio

What is the best way to measure your portfolio’s performance? Comparing starting and later portfolio values over a select period of time? Or how your performance squares with someone else’s, like your neighbour’s? Whilst these approaches may seem logical, we think...