Economic Indicators

Decorative pattern

Economic Indicators

U.S. more fragile than Europe: Taleb

Forget Europe. The U.S. is more fragile, says Nassim Taleb. According to the author of The Black Swan, the country’s highly centralized government and hefty public debt makes it more vulnerable to outsized shocks, also known as black-swan events.

By Melissa Shin |May 31, 2012

2 min read

Decorative pattern

Economic Indicators

Canadian ran U.S. Ponzi scheme, fined

A U.S. District Court in New Hampshire entered final judgments last week against New Futures Trading International Corporation, a New Hampshire business, and Henry Roche for running a Ponzi scheme.

By Staff |May 30, 2012

2 min read

Decorative pattern

Economic Indicators

Morning roundup: Zuckerberg off Index, Spain drags down Europe

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: Rain in Spain With a European commission head calling for a clear path to economic reform that will soothe investor fears, the chief Spanish central banker announced he will […]

By Staff |May 30, 2012

2 min read

Decorative pattern

Economic Indicators

Canada’s houses too expensive: RBC

Canada’s housing affordability has deteriorated in the early months of 2012, after two consecutive quarters of encouraging improvements, says the latest Housing Trends and Affordability Report by RBC Economics Research. Vigorous homebuyer demand pushed home prices higher during Q1 2012, driving up the costs of owning a home in Canada. “It became a little tougher […]

May 30, 2012

3 min read