THE LIBRARY

At writing, global stock markets are up 10-11% since our Summer Foresight and up 50% to 55% from the lows of mid-March. As governments around the globe provide massive amounts of aid and liquidity to their economies, global interest rates have moved to new lows …..again. Government of Canada 10 year bond yields are currently .55 of 1% and US 10 year Treasuries are yielding .65 of 1%. With bond yields hovering at close to zero, investors have returned to stocks with a vengeanc