Michael's Blog

The omicron variant’s spread has been a heavy blow to the Chinese economy as local governments are scrambling to contain COVID-19 by re-imposing rigid lockdowns. Let’s examine the zero-COVID policy’s impact on the Chinese and global economies and assess...

The volatile global geopolitical landscape has brought attention to challenges faced by the U.S. dollar’s status as the world’s reserve currency. After weighing all of these concerns, and considering the new multi-polar world, there are simply no practical...

Recent discussions of yield curve inversion as a predictor of recessionary risk have gotten ahead of the data and the economics. It’s important to remember that not all curves are created equal - making the case that the real picture is telling a different...

The Russia-Ukraine conflict and related sanctions have added stress on the global economic recovery, intensifying inflationary and supply chain threats. Let’s examine why the U.S. and Canadian economies are better equipped to handle these risks than European...