Basix Hedge News


Why We Must Resist Economic Conventional Wisdom.

Dani Rodrik says that when ideas become conventional wisdom, we are blind to their limitations Harvard economist Dani Rodrik talks to INET President Rob Johnson...

There's Nothing Wrong with Buying Local — Except When Government Tells You To.

There is something unique about walking into a mom and pop shop and being on a first name basis with the local business owner or...

Anti-Trudeau bloc takes shape with UCP win in Alberta.

Alberta became the third major province in Canada over the past year to elect a conservative-leaning government in a growing front of opposition to Prime...

Here's what Home Depot looked like when it first opened in 1979 (HD).

Courtesy of The Home Depot Home Depot first opened its doors in 1979. Founders Bernie Marcus and Arthur Blank launched two different stores in Atlanta....

A better approach to China trade - AEI - American Enterprise Institute: Freedom, Opportunity, Enterprise.

The Trump administration’s approach so far to trade talks with China is to push the Communist Party to do for us what we haven’t done...

China's strong data sparks major stock rally with economic stimulus 'bearing fruit'.

REUTERS/Bobby Yip Asian stocks closed higher on Wednesday after a raft of positive Chinese data signaled a recovery in the world's second-largest economy. China's economy...

Why the New "GDP-B" Measure Doesn't Solve the Failures of GDP.

Gross Domestic Product-B attempts to capture the added value of things we don’t pay for, such as Facebook, WhatsApp, Google and other digital services free...

Greenspan Comes Clean - 3 Things That Keep Alan Up At Night.

Authored by Sven Henrich via NorthmanTrader.com, Call Me Al You can call me Al. By Al I mean Alan Greenspan. Oh I know, he has...

The Utterly Predictable Problem of Long-Run US Budget Deficits.

For anyone who can do arithmetic, it did not come as a surprise that the "baby boom generation," born from 1946 up through the early...

Slump in world trade is just as bad as the decline sparked by the dotcom crash, warn analysts.

The sudden loss in momentum is as severe as the aftermath of the dotcom bubble in 2001, when trade volumes slid as much as 2.2%...

Mortgage stress test is helping fuel alternative lending boom, report warns.

CIBC economist says regulators need to revisit rules that have made it harder to get a mortgage Regulators should reconsider a stress test for uninsured...

A Global Rally Killer Has Emerged In China.

Back in early October, the market catalyst that killed the US rally and sent stocks tumbling into a brief bear market after Powell warned that...

Trade woes weigh on business confidence as Bank of Canada weighs decision.

Kevin Carmichael: Canada is now two economies and the central bank has to decide which is dominant I have spoken to the leaders of two...

How "patient" can the Fed be?.

Preface: Explaining our market timing modelsWe maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market...

Jim Grant: "The World-Wide Suppression Of Interest Rates Has Been A Crime".

Authored by Christoph Gisiger via TheMarket.ch, James Grant, editor of the renowned investment newsletter «Grant’s Interest Rate Observer», warns about the growing herd of corporate...

In Praise of Austerity.

Trying to overcome a financial crisis with more debt is ineffective and a scheme of deceit. It would be just another step closer to final...

Trump is slamming the Fed again, saying stocks should be 5,000-10,000 higher.

Policy makers gathered for IMF meeting worry about central bank independence ‘in the most important jurisdiction in the world’ President Donald Trump, renewing his attack...

Is the Recent Tax Reform Playing a Role in the Decline of Home Sales?.

From the fourth quarter of 2017 through the third quarter of 2018, the average contract interest rate on new thirty-year fixed rate mortgages rose by...

Bank of Canada’s Stephen Poloz reinforces perception rates are on hold.

Business Outlook Survey out today will offer more clues on economy Bank of Canada Governor Stephen Poloz indicated he’s all but abandoned any bias for...

Economics and philosophy.

Econtwitter is wonderful. Yesterday, an undergraduate emailed me to ask for book recommendations about the overlap between economics and philosophy. I recommended: Amartya Sen The...