Total World Debt hits record high in Q3-2017

Total World Debt hits record high in Q3-2017

Dear PGM Capital blog readers, On Thursday January 4, 2018, the Institute of International Finance (IIF) said that global debt rose to a record US$233 trillion in the third quarter of 2017, more than US$16 trillion higher from end-2016. INTRODUCTION: According with figures of the Washington DC-based financial industry body, “The Institute of International Finance” which[…]

Why Investing in the Big Canadian Banks can be lucrative

Why Investing in the Big Canadian Banks can be lucrative

Dear PGM Blog reader, In this weekend blog article, we want to take the opportunity to discuss with you, why Investing in the big Canadian Banks, can be lucrative for value investors. INTRODUCTION: Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Bank of Nova Scotia (Scotiabank), Canadian Imperial[…]