Don’t Assume Financial Advisers Have To Act In Your Best Interests
Posted on 01 March, 2012
The flaws in Canada’s financial adviser system
Barrie Mckenna
OTTAWA— From Saturday’s Globe and Mail
Published Friday, Feb. 17, 2012 6:42PM EST
Last updated Tuesday, Feb. 28, 2012 7:22PM EST
http://www.theglobeandmail.com/globe-investor/the-flaws-in-canadas-financial-adviser-system/article2342799/page3/
In the investing industry, the line between what’s best for the client and what’s good for the adviser is easily blurred.
Advisers want their clients to enjoy high returns, but they [...]
2011 YEAR IN REVIEW
Posted on 21 December, 2011
It’s that time of the year again when we look back at how our Dec 31, 2010 BNN predictions fared.
2011 was a year marked by uncertainty and volatility, to say the least. With only a few more days to go, 2011 thus far has given investors a rough ride with many feeling bruised and battered. The swings were sharp while the down days dominated the headlines.
Fed Minutes Show Upgraded Outlook
Posted on 17 February, 2011
Federal Reserve officials modestly upgraded their outlook for growth last month, but indicated little inclination to lessen their extraordinary support for the economy this year.
Lies, Damn Lies, And Then There’s The US Unemployment Rate
Posted on 01 January, 2011
The US unemployment rate attracts a great deal of media attention, especially during recessions and tough economic times. Generally, the national unemployment rate is defined as the percentage of unemployed workers in the total labor force. It is widely recognized as a key indicator of labor market performance.
Commodity Prices Erupt On Backend of 2010
Posted on 01 January, 2011
No matter the category: gold, silver, copper, uranium, wheat, sugar, cocoa if it was a commodity, it pretty much kicked butt in 2010. Any way you slice it, commodity prices erupted on the backend of 2010.
With Inflation On The Rise, Stagflation Ready To Rear Its Ugly Head
Posted on 12 December, 2010
Thus far, Fed officials have taken comfort that surveys and bond-market behavior suggest the public expects the inflation rate to fall. But that credibility is now in endangered. Prices of many other raw materials continue to surge, with gold, silver, cotton and sugar reaching record highs. The effects are rippling from financial trading floors to local stores, forcing consumers to shell out more for everyday basics — a cup of coffee, a box of cereal, a gallon of gasoline.
Employers Doing More With Less
Posted on 06 December, 2010
The problem with bringing down the stubbornly high unemployment rate is that employers are learning to do more with less.
Employers still aren’t hiring enough. Just look at November’s disappointing employment report, which barely eked out a gain in jobs. Or better yet, look at the holiday workers at your local mall. If you can find [...]
Canada’s Housing Bubble Could Soon Burst
Posted on 12 November, 2010
Unbeknownst to most Canadians is the fact that most households are nearing the financial tipping point that Americans reached only a few years ago. Canadian households are now more overextended than households in the US as low borrowing costs have sparked a dramatic increase in Canadian consumer credit.
Euro dip “welcome,” no eurozone recession: OECD
Posted on 26 May, 2010
A return to recession is unlikely in the euro zone and a drop in the value of the euro should help offset the toll that debt-shrinking austerity measures takes on economic growth, the OECD’s chief economist said.
Poll: Economists more upbeat despite deficit woes
Posted on 24 May, 2010
Economists forecast the pace of U.S. growth to pick up in the year ahead as consumers and businesses alike accelerate spending, according to a new survey.
