In talking to Glen Hodgson of the Conference Board of Canada at the International Livestock Congress, I felt somewhat better about the economy and the outlook through the next 12 months. Glen is the Chief Economist with the Conference Board of Canada which is Canada’s largest think tank. In this video, Glen comments on the global recession, the future of interest rates and the volatility of the currency market.
I'm no psychologist, psychiatrist or sociologist, but I understand from discussions with experts that as social creatures, humans are prone to experiencing "group mentality." Quite simply: we are easily influenced by the thoughts and actions of our associates. We also tend to associate with like-minded individuals, who reinforce our biases. It is my concern that…Read more »