The struggling Canadian canary

Back in March, I wrote about the new Fragile Five, which were five highly leveraged developed market economies that were undergoing property booms. The five countries are Australia, Canada, New Zealand, Norway, and Sweden. As a reminder of how insane property prices are in Vancouver, which is one of the epicenters of the real estate boom,...

If I had to watch just ONE THING…

During periods of market turmoil like the one we are experiencing, it's important to keep your eye on the ball and not to get overly distracted. If I had to just had to watch just one thing, it would be how forward 12-month EPS are evolving. That's because Ed Yardeni found that forward EPS is highly...