VUCA is an acronym used to describe the volatility, uncertainty, complexity and ambiguity of the world today. Its usage began in the late 1990s and comes from the American military lexicon to describe the extreme conditions in Afghanistan and Iraq.
September is turning out to be a much better month for the stock market than many had feared, boosted in large measure by the gradual dissipation of uncertainty. To be sure, risks remain and the future is far from clear.
For all those Canadian boomers looking for a place in the sun, the price of vacation homes in the sunny south (think Florida, Arizona or Nevada) are more affordable than any time in nearly four decades.
The August payroll report was clearly disappointing, suggesting the U.S. economy remains in a fragile state. However, there are reasons for optimism. Call me Pollyanna, but me thinks I see green shoots sprouting in the U.S. economy.