Reddit, Photos Courtesy: Imgur, H/T Business Insider
Source: http://elitedaily.com/news/business/map-shows-individual-states-gdps-compare-countries-around-world-photo/
Reddit, Photos Courtesy: Imgur, H/T Business Insider Report from British Columbia based Pacifica Partners Capital Management
Summary of the Global Macro Outlook presentation by Jim O'Neill, Chairman of Goldman Sachs Asset Management. This presentation shows his views of the world from now until 2020.
Read More Here (Source): http://www.businessinsider.com/jim-oneill-global-macro-outlook-2013-4
Source: http://www.businessinsider.com/heres-where-teens-spend-their-money-2013-4?op=1 Here are the following bubbles diagnosed by Robert Shiller:
Read more (source): http://www.businessinsider.com/the-biggest-asset-bubbles-2013-4?op=1 According to the statistics released by Toronto Real Estate Board:
More details (source): http://www.thestar.com/business/real_estate/2013/04/03/toronto_real_estate_gta_housing_sales_slump_17_per_cent_in_march_but_prices_continue_to_climb.html Last week, Statistic Canada published new employment numbers. Paid employment declined by 46000. Total employment (include self employed) fell by 22000. Yet the unemployment rate fell to 7%, lowest level since 2008. Why is that? Unemployment rate only includes individuals who are in active job search. For those who have given up will no longer be included in the labour force, hence the unemployment rate decreased. The decline in participation corresponds to the disappearance of 355,000 Canadian workers. If putting 355,000 workers back into labour force, they would add $38 billion to GDP, which is close to $15 billion of government revenue. Article: http://rabble.ca/columnists/2013/02/ canadians-giving-world-work/ RBC Wealth Management and The Economist Intelligence Unit (EIU) published a study analyzing the increasing trend of young professionals export their expertise and wealth to a different country. The EIU surveyed 300 internationally mobile wealthy individuals (IMWIs) who live, work or spend their time outside their home country and have asset over US$1million. 1) Lower prices are being driven by infrastructure limitations, not lower demand 2) Oil pipeline infrastructure expansion has failed to keep pace with expanding production, both in US and Canada 3) Oil extraction projects aren't as expensive as before Article: http://www.theglobeandmail.com/globe-investor/investment-ideas/the-bright-side-of-canadas-weak-oil-prices/article8123055/ |