BUSINESS

BANKS
Canada's Largest Banks [5 Parts]
Digital images and links to government, legislation, and bank websites:
  • Government
  • Justice/Law
  • Bank Merger Proposals
  • Political Contributions by Banks
  • Banks
  • Education.


Copyright � 2001 by Macroknow Inc. All Rights Reserved.
RBC Royal Bank
 


Copyright � 2001 by Macroknow Inc. All Rights Reserved.
Canadian Imperial Bank of Commerce (CIBC)


MARKETS

THE CENTRAL BANKS' BAILOUT OF SHORT-TERM FUNDING MARKETS
ON 12-DEC-07

WHAT FORCED THEM TO INTERVENE?
DID THEY SUCCEED?

THE SUBPRIME MORTGAGE MELTDOWN - PART ONE

Psycho-Political Analysis - Key Findings
Desires, Aversions, Powers,
Emotions, Feelings, and Irrationality Indexes/Charts

IRRATIONAL EXUBERANCE

MEGA MERGERS, CORPORATE DOWNSIZING, STOCK MARKET RECORD HIGHS, AND THE RISK OF GLOBAL RECESSION
18-MAR-07 AND 31-MAY-07

HOW DID PEOPLE FEEL?
WHAT WAS THEIR EMOTIONAL STATE?
HOW IRRATIONAL WERE THEY?

WEEKDAY WORLD ISSUES
DISTRIBUTION OF GLOBAL HIGH AWARENESS/HIGH ATTENTION BY DESIRES, AVERSIONS, AND POWERS

LAST WEEK - ALL WEEKS SINCE 1-JAN-07

Advertising/ Public Relations/Corporate Communications/Government Affairs

 

THE BUSINESS CYCLE

THE BOOM/BUST CROSSOVER
ON 9-OCT-07

BOTH THE DOW AND THE S&P HIT RECORD HIGHS ON 9-OCT-07. WHAT WAS ON PEOPLE'S MIND PRE/POST THE CROSSOVER?

Psycho-Market Analytics - Key Findings
Desires, Aversions, Powers,
Emotions, Feelings, and Irrationality Indexes/Charts

IRRATIONAL EXUBERANCE

CORRELATIVE WITH  MOVEMENTS OF THE DOW JONES INDUSTRIAL AVERAGE
19-MAR-07 AND 21-MAR-07

HOW DID PEOPLE FEEL?
WHAT WAS THEIR EMOTIONAL STATE?
HOW IRRATIONAL WERE THEY?

GLOBAL MARKET "CORRECTION"
SHANGHAI - NEW YORK
27-FEB-07

WHAT WAS ON PEOPLE'S MIND AROUND THE WORLD?
HOW DID PEOPLE FEEL?
WHAT DID PEOPLE FOCUS THEIR ATTENTION ON?
WHAT WERE THEIR TOP DESIRES AND AVERSIONS?
WHAT WAS THE IMPACT OF GLOBAL ECONOMIC UNCERTAINTY ON GLOBAL SECURITY?


Awareness/Attention, Desires/Aversions/Powers, Emotions/Feelings/Irrationality, Economic Uncertainty/Destructive Potential/Terrorism Alert Indexes/Charts

 

DEBT
U.S. Public Debt Limit

The Senate Finance Committee approved an $850 billion increase in the public debt limit, from $8.965 trillion to $9.815 trillion (Committee on Finance, U.S. Senate).


GLOBAL ECONOMY
International Monetary Fund (IMF): 2009 Article IV Consultation with the United States of America
 
  • Context: "The U.S. financial and economic crisis has had severe global repercussions. The run-up to the crisis involved a substantial and widespread underestimation of risks-especially in housing-and growing leverage and liquidity mismatches, in particular through off-balance-sheet vehicles and non-bank entities in less-regulated areas. . . The sharp decline in housing prices that started in 2007 weakened several systemically important financial institutions, culminating in the collapse of Lehman Brothers, and revealing major weaknesses in the U.S. regulatory and resolution frameworks. This was followed by the worst global financial panic since the Great Depression, with extreme strains in a broad range of markets, volatility in capital flows and exchange rates, and a cascade of systemic events"
  • Long-Term Legacy: "As in other countries, the financial crisis will also result in a serious and enduring deterioration in public finances, exacerbating the already large challenges of swelling entitlement costs. Over 2009−11, the staff projects that federal deficits will average 9 percent of GDP, and that debt held by the public will nearly double to 75 percent of GDP; with debt maturities having shortened, gross financing requirements are projected at 30 percent of GDP, about double pre-crisis levels."

See: 2009 Article IV Consultation with the United States of America, Concluding Statement of the IMF Mission, June 10, 2009, International Monetary Fund and U.S. Department of the Treasury.


Income Inequality
 
Thomas Piketty (Paris School of Economics) and Emmanuel Saez (University of California, Berkeley). Income Inequality in the United States, 1913-1998. The Quarterly Journal of Economics, Vol. CXVIII, No. 1, February 2003.
  • In 1998, the top 0.01% (P99.99 -100), 13,100 tax units (out of a total of 130,945,000 tax units), had an average income of $9,970,000.
  • From 1917 to 1998, excluding capital gains:
    • The income share of the top 10% (P90 -100) followed a U-shaped curve: It peaked at 46.09% in 1923, bottomed at 31.55% in 1944, moved laterally to 31.85% in 1973, then climbed to 41.44% in 1998;
    • The income share of the top 0.01% (P99.99 -100) also followed a U-shaped curve: It peaked at 4.4% in 1916, bottomed at 0.5% in 1973, then climbed to 2.57% in 1998.
  • The average compensation of the top 100 CEOs (in millions of 1999 dollars) increased from about $1.3 million in 1970 to almost $40 million in 1999. By contrast, the average wage of a full-time worker remained flat at less than $37,000. (Source: Forbes Annual Compensation surveys of CEOs in top 800 companies; Average wages of full-time employees are from National Income Accounts.)

See also: Louis Uchitelle. Age of Riches: The Richest of the Rich, Proud of a New Gilded Age. NYT, 14-Jul-07. (Amanda Cox contributed to this article.)


Risk of a Global Recession
 
Rob Vos, Director of the Development Policy and Analysis Division of the UN Department of Economic and Social Affairs (DESA) warned about the risk of a global recession:
TORONTO
Bloor West Village [7 Parts]
Part 1: High Park Avenue - High Park Entrance - Bloor Street and High Park Avenue - Grenadier Cafe & Teahouse - High Park.
Part 2: High Park (Northwest Corner) - Grenadier - Starbucks - Bark & Fitz - 2001 Bloor Street - Public Library - Green Mango - Liquor Control Board of Ontario (LCBO).


Copyright � 2006 by Macroknow Inc. All Rights Reserved.
Nofrills
 

Part 3: Nofrills - Dr. Generosity - Sharkey's Village Cafe - Timothy's World Coffee - Bloor Street and Kennedy Road - Swan Firkin.
Part 4: Swan Firkin - The Yellow Griffin Pub - Canadian Imperial Bank of Commerce (CIBC) - Chapters - Queen's Pasta Cafe - Vineyards Estate Wines - Scotiabank - Max's Market.
Part 5: Bloor Street and Runnemede Road - McDonald's - Bread & Roses - Green Thumb - Fresh & Wild - Bloor Street and Windermere Road - Canada Trust.
Part 6: Bank of Montreal (BMO) - Bloor Street and Windermere Avenue - RBC Financial Group - Second Cup - Book City - Anna's Bakery & Deli - Mamma's Pizza - Falafel World - Amber European Restaurant - Yama Japanese Restaurant - Jolanta Interiors - Dark Horse.
Part 7: Bloor Street and Jane Road - TD Canad Trust - Bloor Street - The Fon - Subway - Bloor Street and South Kingsway - Esso - Tim Hortons.
Tasty Falafel [2 Parts]
Part 1: Tasty Falafel - Mediterranean Food, 2209 Bloor Street West, Toronto
Part 2: Tasty Chiken, Beef, and Lamb Shawarma - Tasty Sandwiches and Healthy Platters - Tasty Specials


Copyright (c) 2015 by Macroknow Inc. All Rights Reserved.
Tasty Falafel - Phone 647-707-5141
2209 Bloor Street West, Toronto
 


Copyright (c) 2015 by Macroknow Inc. All Rights Reserved.
Tasty Falafel - Tasty, Healthy, and Fresh
 


 
 
 
 
 
 
 
 
 
 

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