Economy

CPP can weather economic storm

It’s never wise to carry all your eggs in one basket. The Canadian Retirement Income Security System seems to have grasped this truth and armed Canadians with an assortment of private and public pensions. At a recent seminar held in Geneva by the International Social Security Association (ISSA) — in conjunction with the Social Security […]

By Kanupriya Vashisht |April 27, 2009

3 min read

Equities still risky: Roubini

(Orlando, FLA) — The current rebound in bank share prices has prompted optimism in the markets, but renowned forecaster Nouriel Roubini warns the fundamental factors just aren’t there to fuel a sustainable rally in stocks. But he doesn’t rule out a recovery altogether. Roubini, professor of economics and international business at the Stern School of […]

By Mark Noble |April 27, 2009

5 min read

Bear market rally: Wait for it…

Everybody wants to know where the bottom is these days. Happily, analysts are beginning to say preconditions for a recovery are slowly coming into place, but they also say repairing the damage done by a bear market takes time and this current uptick is beginning to look a little long in the tooth. Andy MacLean, […]

By Kate McCaffery |April 20, 2009

4 min read

A little cheating costs a lot

Behavioural economists are having a field day with the market meltdown, as traditional cost-benefit analysis and self-interest give way to more penetrating insights about how people can be systematically wrong — and how small acts can lead to broader failures. “This whole thing with the market falling was very good for us,” says Dan Ariely, […]

By Scot Blythe |April 16, 2009

5 min read