Economy

Morgan Stanley head takes pay haircut

U.S. banks continue to cut bonuses and pays of their senior executives to beef up their bottom line. The latest addition to the growing list has been James Gorman, Morgan Stanley chief executive, who is set to take a pay cut, second year in a row. While the bank is looking for ways to boost […]

By Staff |January 25, 2013

1 min read

WEF: liquidity bubble a risk as economy improves

Attention was drawn, on the fourth day of the 43rd World Economic Forum (WEF) in Davos, Switzerland, to the risk of a liquidity bubble as the global economy gains momentum. Speaking at the annual meet, Ray Dalio, founder and chief investment officer of Bridgewater Associates, warned against such a consequence. Quoted in a WEF news […]

By Staff |January 25, 2013

2 min read

Despite problems, U.S. still strong

Much is going awry in the United States, but there’s a wide range of investment opportunities, says Phil Taller, vice president of investments at Mackenzie Investments.

By Dean DiSpalatro |January 25, 2013

3 min read

10 tips for companies to stay competitive

A struggling global, and U.S. economy will slow growth and reduce demand in the construction, manufacturing, retail and wholesale industries, says Ernst & Young. Read: Follow growth beyond borders This will create obstacles this year for Canadian companies operating in the private mid-market. Read: Entitlement reform key to recovery: TD economist “If sustainable growth isn’t […]

By Staff |January 24, 2013

1 min read