Following four decades of excessive credit expansion, the U.S. experienced a bursting credit bubble in mid-2008. In the aftermath, North American stock markets declined almost 50% by early 2009. Fast forward to the summer of 2012 and North American stock markets, exhibiting strong resilience, have now recovered to their pre-bubble highs.
More Risk, Less Return Read More »
From a financial perspective, the first decade of the 21st century consisted of a bubble of bubbles. First of these was the technology or dot-com boom that began in the late 1990’s and eventually burst in mid 2000. Responding to this collapse, the U.S. Federal Reserve (the central bank of the United States) aggressively cut short-term rates from 6% down to the 1.5% range in 2002 and held short rates at this level for over three years.
The Decade Of Bubbles Read More »
As a result of a number of recent high profile cases uncovered in the U.S. and Canada involving investor fraud and theft of client assets, Hemisphere Capital Management (“Hemisphere”) feels it is important to review our operational protections and regulatory controls that are in place to safeguard your assets.
Investor Protection – Safeguarding Client Assets Read More »
Gross Domestic Product (GDP) is a measure of all goods and services produced in the economy. The most common method of determining a nation’s GDP involves totaling all consumer spending, business spending/investment, government spending and net exports (exports less imports).
The End Of The Customer Era? Read More »
Since the start of 2007, the Canadian dollar has strengthened upwards of 20% against the U.S. dollar. When the loonie hit parity in September, Canadians paused for a modest (typically Canadian) celebration. During early November, our dollar continued its climb eventually spiking to $1.09, a level not seen since the 1870’s. From its low five years ago, the loonie has experienced a 65% gain. The mighty loonie seems to have given Canadians a new sense of confidence.
