Paul's Market Insights
Paul's Market Insights is our bi-weekly communique to provide clients with current insights on financial markets.
By Paul Siluch
May 12th, 2023
Have you ever bought a lottery ticket? And then wondered why as you tore it up after losing?
Humans are attracted to risk, and a few take it too far through gambling.
Somewhere at the bottom of our lizard brains, there is a pleasure centre that gets stimulated by the thrill of taking a risk, followed by a rush of endorphins, adrenaline, or dopamine (pick your favourite reward chemical) to deliver an even bigger rush when it pays off.
April 12, 2023
We have had calls from a few clients worried about the decline of the U.S. dollar as the world’s reserve currency. Yes, it is true that the dollar’s share of global reserves has shrunk from 68 per cent of global currency reserves in 2002 to about 58 per cent today:
Should we be worried?