Unaffordable Canadian Homes Get Snapped Up by Eager Buyers howestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from howestreet.com Daily Mail and Mail on Sunday newspapers.
May 14, 2021 | CPI Surge Pushes Interest Rates Higher
Hilliard MacBeth Author of When the Bubble Bursts: Surviving the Canadian Real Estate Crash
This week the CPI index in the U.S. hit a new high for this cycle with a 4.2 percent gain from a year ago.
Most central bankers claim that they are happy to see inflation move higher, as they want to stimulate the economy.
But economists for decades have been trained to focus on inflation expectations, a measure which is hard to reign in once it starts to move higher.
Can central banks keep interest rates below 1 percent with inflation above 4 percent?
HydroGraph Clean Power Inc Closes $6,505,000 Private Placement to Fund Commercialization of its Proprietary Hydrogen and Graphene Production Technology streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
April 30, 2021 | The Fed Pushes for More Inflation
Hilliard MacBeth Author of When the Bubble Bursts: Surviving the Canadian Real Estate Crash
The US Federal Reserve stayed the course on Wednesday April 28, 2021 by continuing its policy of fighting deflationary forces, even at the risk of inflating asset bubbles in housing and stocks.
Its stated goals are maximum employment and inflation averaging 2 percent.
Will Fed policies unleash out-of-control inflationary expectations?
Source: Bloomberg
Chair Jerome Powell held a press conference after the announcement of no change in its zero-interest rate stance and continued aggressive quantitative easing (QE).
Powell was sworn in as Fed chair in February 2018 after being appointed to the Fed by Barack Obama in 2011. His first actions in 2018 were to raise interest rates and to start to taper the policy of QE. But when asset prices, especially the stock market, collapsed in December 2018 he quickly reversed course by ending hi
Scorpio Gold Retains Market Making Services
ACCESSWIRE
01 May 2021, 07:05 GMT+10
VANCOUVER, BC / ACCESSWIRE / April 30, 2021 / Scorpio Gold Corporation ( Scorpio Gold or the Company ) (TSXV:SGN) has, subject to regulatory approval, retained Independent Trading Group (ITG) Inc. ( ITG ) to provide market-making service and to aid in maintaining an orderly trading market for the common shares of the Company effective May 1, 2021.
The market-making service will be undertaken by ITG, a registered broker in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, Scorpio Gold has agreed to pay ITG $5,000 per month. Scorpio Gold and ITG act at arm s length, and ITG has no present interest, directly or indirectly, in Scorpio Gold or its securities. There are no performance factors contained in the agreement between ITG and the Company and ITG will not receive any shares or options from the Company as compensation for services it w