“Capitulation”, the last phase of a rout, can seem like a sort of mania, writes Buttonwood. It’s the violence of the shake-out itself that creates the market bottom: those who refuse to sell at the height of the panic are unlikely to lose their cool further down the line. After the frenzy is over, prices start to climb again.
Obits for the traditional investing approach may be premature.
A Leger survey conducted for the Tire and Rubber Association of Canada in May found that 66 per cent of Canadian drivers are cancelling or limiting road trips this summer because of gas prices. That number jumps to 75 per cent for those aged 18 to 24.
Chances are at least some of what you think you know about inflation is wrong.
The same holds true for all of us. Not even the supposed experts claim immaculate foresight when it comes to predicting or managing inflation.
A little bit of planning and a review of your monthly expenses can go a long way toward saving some of your hard-earned cash, Lesley-Anne Scorgie writes.
Life is getting back to normal, if not quite everywhere. Here’s the Economist’s global city livability index.
Our economy is among the world’s most vulnerable to housing downturn
Here’s how to split the bills and still remain friends, Lesley-Anne Scorgie writes.
Lemonade stands have adapted for sour times, raising funds and creating fun along the way.
As anyone who has read a bear-market headline has gathered by now, the economic outlook is turning ugly. The question that lingers is just what form of ugliness it will take.