Norway

Key Events In The Coming Week: All Eyes On Payrolls

The key economic release this week is the employment report on Friday, which as Janet Yellen noted in her speech on Friday, is the only economic event (together perhaps with the CPI report on April 15), that could potentially derail a now practically guaranteed rate hike.

Norway Wealth Fund Gains $53 Billion in 2016 On Trump Rally

"All of the fund’s asset classes generated positive returns, but it was the strong equity return in the second half of the year that drove the fund’s results.  After the presidential election in the U.S., markets priced in higher growth and inflation in the global economy."

The Norwegian Economy In 2017: Black Swans Hovering Overhead

Norwegians are just now starting to grapple with the effects of their “single cylinder” economy, mostly dependent on oil and gas (ca. 60% of exports). Despite optimism about $50-$70/barrel oil, American crude output is surging, on track to be the highest ever, since 1970, while cracks start to form in OPEC’s latest agreement. In addition to the oil tailspin, a flock of “black swans” have taken flight, led by one with a very orange beak.

Quebec: The Crisis Of The West

Quebec, like the entire West, is facing an existential demographic and religious crisis. Quebec's death spiral is explicitly linked with the calls for increased immigration.