The Worst Financial Event of 2023
It’s time to consider how the Bank of Canada (BOC) accomplishes its mandate, writes Peter Watson. According to its website, its main role is “to promote the economic and financial welfare of Canada.” That is a very important task and I strongly agree with its mandate. The problem is the way this policy is implemented. […]
Inflation Does Not Harm Investors
Inflation is not bad for investing, writes Peter Watson. There is a relationship between investment returns and inflation. Stock market returns in the United States, as measured by the S&P 500 index, posted an annual return of 10 per cent over the last 30 years. Inflation during that same period, as measured by the […]
