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Today, we received further confirmation of Canada’s deteriorating labour market, with March payrolls falling 54,100 to a 10-month low, and a negatively revised 40,200 fewer jobs in February (Stats Can ...
As I feared, DOGE has drastically undershot its targeted spending cuts. It’s hard to reduce overhead without the political will to reduce corporate subsidies and reform entitlement programs in a ...
Ultra-luxury goods are often regarded as recession-proof, with steady demand regardless of the state of the economy. But that’s not what is happening. During the pandemic, when ‘free money’ policies ...
During the pandemic, near-zero interest rates and government subsidies enabled excess consumption beyond sustainable means. That inflated the prices of most goods and assets while exacerbating wealth ...
Denmark raised its retirement age last week to 70 for Danes born in 1971 or later. Workers currently become eligible for the Danish equivalent of Social Security at age 67, which will go up steadily ...
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