Listen to our podcast episode on this topic, “What are financial bubbles and panics?” A “financial bubble” is an increase in the price of a financial asset leading to a…
The turf war to convince investors about the value of upstart Exchange Traded Fund (ETF) industry over traditional mutual fund providers is getting increasingly muddled by double counting or “fake…
It’s the final selection, and our bachelorette has given her two last roses to suitors CDOR and CORRA.
At first glance, the two contestants likely to propose didn’t seem that different – both were Canadian-dollar based variable benchmarks used to price everything from consumer loans to floating rate notes, variable mortgage-backed securities and asset swaps.
But as the season went on, we learned there was more to these dashing suitors than we originally thought – and a mid-season plot twist led to a scandal that lit up Twitter for days.
Will the bachelorette accept a proposal from CDOR, who was the fan favourite before rumours of a cheating scandal, or will she choose earnest CORRA, whose character remains untested? Can she move past the LIBOR heartbreak, and find true love at last?
Before we get to the final rose, let’s look back at the bachelors looking to win our girl’s heart:
The bad boy/fan favourite: CDOR
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When you borrow money from a bank, you usually get an interest rate that tells you what borrowing that money will cost you. With that percentage, you are able to…
Bitcoin’s bubble potential suggests the need for caution – and regulation Fear of missing out has led people to make all kinds of rash decisions, from an ill-advised trip to…