To say that Europe dominated the 2011 financial headlines would be an understatement. One word or comment
from a European politician or central banker sent stock markets tumbling. Conversely, the smallest hint of a
resolution to the debt problems of the other “PIIGS” nations (Portugal, Ireland,…
February 10th, 2012
The Global Economy – Maybe the Glass is Half Full
January 31st, 2012
Putting a Floor Under Oil Prices
Only three years ago, it was thought that Saudi Arabia – the largest oil exporter and second largest
producer in the world – could generate large budget surpluses with oil at $70/barrel. In recent weeks, new
estimates state that the country would need oil at $75/barrel just to balance the budge…
producer in the world – could generate large budget surpluses with oil at $70/barrel. In recent weeks, new
estimates state that the country would need oil at $75/barrel just to balance the budge…
January 12th, 2012
Dividend Growth Opportunities
One of the most glaring benefits of weak global equity markets over the last year has been the fact that
dividends yields are at their most attractive levels in nearly 30 years. This is especially so when we compare
dividend yields to government bond yields. This has been a rare event over the last…
dividends yields are at their most attractive levels in nearly 30 years. This is especially so when we compare
dividend yields to government bond yields. This has been a rare event over the last…
December 19th, 2011
Happy Holidays
Happy Holidays from everyone at Pacifica Partners! In lieu of greeting cards this year we have made a donation
to the local food bank. …
to the local food bank. …
November 4th, 2011
Canadians’ Misery Index Rising
In the 1960s, an economic adviser to President Lyndon Johnson came up with the idea of an index to measure
the general economic hardships felt by the masses. This index, appropriately labeled “the Misery Index”,
is calculated by adding the unemployment rate to the inflation rate. As inflation a…
the general economic hardships felt by the masses. This index, appropriately labeled “the Misery Index”,
is calculated by adding the unemployment rate to the inflation rate. As inflation a…
October 24th, 2011
Enhanced Real Estate Chart Book
The following chart book consists of 32 charts that summarize trends, key factors, and relative valuations of
Canadian real estate in major Canadian centers. This summary has been generated solely for educational
purposes and we would like to thank the UBC Sauder School of Business - Center for Urb…
Canadian real estate in major Canadian centers. This summary has been generated solely for educational
purposes and we would like to thank the UBC Sauder School of Business - Center for Urb…
October 22nd, 2011
Investment Compass – Recession Fears
The past three months have been the toughest for investors since the last quarter of 2008 when the financial
crisis deepened after the collapse of Lehman Brothers. When the crisis and corresponding recession ended in
2009 it was believed by many that with governments and central banks around the wo…
crisis deepened after the collapse of Lehman Brothers. When the crisis and corresponding recession ended in
2009 it was believed by many that with governments and central banks around the wo…
October 6th, 2011
Canadian Real Estate Chart Book
The Pacifica Partners' Canadian Real Estate Chart-book is a summary of Canadian home price trends versus both
Canadian equities (TSX index) and home prices in major US cities. Charts for 12 month rates of change for home
prices and "sales pair" volume in Vancouver, Calgary, Toronto, and Montreal ar…
Canadian equities (TSX index) and home prices in major US cities. Charts for 12 month rates of change for home
prices and "sales pair" volume in Vancouver, Calgary, Toronto, and Montreal ar…
September 8th, 2011
Will Obama Get Re-Elected?
As investors take a look at the state of the world and inventory a list of the problems that challenge the
global economy, perhaps one that is not being considered revolves around political leadership - or lack
thereof. In France, President Nicolas Sarkozy is embroiled in a political scandal involv…
global economy, perhaps one that is not being considered revolves around political leadership - or lack
thereof. In France, President Nicolas Sarkozy is embroiled in a political scandal involv…
September 1st, 2011
Investment Counsel Firms in Canada
Given the volatility in global stock, bond, and commodity markets, many individual investors are reassessing
their investment portfolios. Often this reassessment generates interest in exploring alternative investment
options that they may not have been previously familiar with. In particular, more …
their investment portfolios. Often this reassessment generates interest in exploring alternative investment
options that they may not have been previously familiar with. In particular, more …
