2015 Big Mac Index

January 26, 2015 – The Economist has updated their “Big Mac Index”. The index is a creative way of showing vales of goods and services across the globe. The study is performed annually and is intended to visually represent Purchasing Power Parity (PPP) – the idea that long run exchange rates will normalize towards equal prices for a like basket …

Home Spreads are Normalizing

Home Spreads are Normalizing

January 20, 2015 – It has been 6 years since the end of the Great Recession. During which, the economy has slowly recovered. In 2008 and 2009, houses were being sold out of necessity. We saw huge spreads between asking price and sales price. As the economy recovered, frictional costs lowered, and transactions came about for different reasons, the data …

Crowdfunding

Crowdfunding

January 12, 2015 – In 2014, there was a boom of what is called ‘ Crowdfunding ’. Using the power of the masses, individuals and start-ups harness the power of small donations in big quantities. When sites like Kickstarter began, there were questions and concerns. Why would people donate money to fund projects on the internet? How will it affect …