The Uncertainty in the US v Europe We hear daily about the crisis faced in the world markets as a result of the 27 European nations failing to reach an accord in how to debt with overwhelming debt levels in many member states. So much so that the failure of the Super Committee in the… Continue reading The US Debt Crisis v European Debt. An optimistic view
Author: Larry Cyna
Mr. Cyna is an accomplished investor in the Canadian public markets for over 20 years, and has managed significant portfolios. He is a financing specialist for private and public companies, and has expertise in real estate and debt obligations. He has assisted private companies accessing the public markets, has been a founding director of public companies and continues as a strategic consultant to selected clientele.
He is and has been a director, a senior officer and on the Advisory Board of a number of TSX and TSXV public companies in the mining, resource, technology and telecommunications sectors, and the Founding Director of two CPC’s with qualifying transactions in mining and minerals. He was an honorary director of the Rotman School of Management MBA IMC program, has completed the Canadian Securities Institute Canadian Securities Course & Institute Conduct and Practices Handbook Course, was a former Manager under contract to an Investment Manager at BMO Nesbitt Burns, a roster mediator under the Ontario Mandatory Mediation Program, Toronto, a member of the Institute of Corporate Directors of Ontario, a member of the Upper Canada Dispute Resolution Group, and the Ontario Bar Association, Alternate Dispute Resolution section.
He obtained his designation as a Chartered Accountant in Ontario in 1971 and was the recipient of the Founder’s Prize for academic achievement together with a cash reward. He became a CPA in the State of Illinois, USA in 1999 under IQEX with a grade of 92%. He is a Member of the Institute of Chartered Accountants of Ontario and the Canadian Institute of Chartered Accountants.
He holds certificates in Advanced ADR & in Civil Justice in Ontario, Faculty of Law, University of Windsor, certificate in Dispute Resolution from the Ontario Institute of Chartered Accountants. Previous accomplishments are Manager of Cymor Risk Consultants LP specializing in Risk Management Assessment; CEO of Cyna & Associates specializing in mediation and ADR; Founder & Senior Partner of Cyna & Co, Chartered Accountants, a fully licensed and accredited public accountancy firm with international affiliations; and was a partner in a large public accountancy firm.
Mr. Cyna is well known in the Canadian Investing community. He is invited to, and attends presentations given by public companies usually 3 or 4 times each week. These presentations are intended by the various hosting companies to present their inside story to sophisticated parties and Investment Managers for the purpose of attracting funding, or of making parties more interested in acquiring shares of those companies. Being a part of this keeps Mr. Cyna deeply involved in the current market and leads to numerous investment opportunities.
Follow up – China’s Building Boom and the Debt Of State Owned Investment Corporations
China’s Building Boom May be Coming to Earth Nov 2011 (Reuters) – The monumental, neo-Mongolian sculptures, empty plazas and hulking concrete shells of buildings in Ordos district, deep in the steppes of Inner Mongolia, are a potent symbol of how China’s property boom can turn to bust. Off the back of a thriving coal industry,… Continue reading Follow up – China’s Building Boom and the Debt Of State Owned Investment Corporations
The Future of the Stock Market
Fear Of Where the Stock Market is Headed Today, there is much fear. Many pundits over the last 3 years have prophesied the DOW falling to a fraction of its current level. We hear figures quoted for the DJIA of as low as 5,600 from its current levels of 11,000+. There are proponents of Wave… Continue reading The Future of the Stock Market
The Eurozone Debt, Public Funding, and Making Democracy More Democratic
Current Headlines on Eurozone Debt We now hear a constant refrain about how the Eurozone is about to disintegrate and the the Euro will disappear, with each European country reverting back to its own currency. The Origin of the Problem The strains in Europe arise from the initial difficulties of cobbling together many very diverse… Continue reading The Eurozone Debt, Public Funding, and Making Democracy More Democratic
How The World is Changing its Views on Debt
In our last blog, we discussed a taxi driver in Detroit with a broken meter running on fumes. We used this example to illutrate a changing world. The Super Committee That is Intended to Bridge the Gap Between Democrats and Republicans There is a committee made up of equal numbers of elected Republicans and Democrats… Continue reading How The World is Changing its Views on Debt
A Changing Financial Landscape in the USA and in the World
I recently returned from visiting Detroit, Michigan. Detroit always seems to be a bit of a signpost for me. It seems to portray a minor microcosm of what is happening across the USA. Detroit Today What used to be referred to as “Motor City”, is now in the process of demolishing homes in the hopes… Continue reading A Changing Financial Landscape in the USA and in the World
Michael Lewis – “Boomerang” – An Amazing Look at Greek Debt
Michael Lewis’ latest book – Boomerang Thanks to David Pescod’s “Late Edition”, we reprint some information from Michael Lewis’ latest book – Boomerang. As readers might recall, we have previously discussed Michael Lewis who has a knack for looking at the economic mess the world is in, and explaining the issues in understandable terms. His… Continue reading Michael Lewis – “Boomerang” – An Amazing Look at Greek Debt
The Effect of Italian Bonds, Bricks Made From Stacks of Money, and the DJIA which is +ve in 2011
Yesterday the DOW Jumped Up by 259 Points Two days ago, it fell by 300 points. Feels like a roller coaster ride. Whatever today’s news, the markets react, and react violently. Either they jump up, or cascade down. It Used to be Greek Default That Was Important Every day, the EU was going to advance… Continue reading The Effect of Italian Bonds, Bricks Made From Stacks of Money, and the DJIA which is +ve in 2011
The USA is Under-rated Financially – The Chinese May be The Danger, or is it the Italians, or perhaps Homeless People
Pardon my facetiousness in today’s header. It just seems so ridiculous to read these daily scary headlines. In all of the current headlines, it seems as if we lurch from crisis headline to crisis headline. It’s Not the Greeks Now, It’s the Italians Think about the headlines over the last several months. Hardly a week… Continue reading The USA is Under-rated Financially – The Chinese May be The Danger, or is it the Italians, or perhaps Homeless People
The Greece Roller Coaster – Don’t be Misled – Understand How Markets Work
The Roller Coaster Road If you ask anyone how the stock market is, they will comment on the fact that depending on the news from Greece, the stock markets zoom up, and zoom down, with equal ease and equal frequency. The syndrome is so obvious, that even the taxi drivers comment on it. In one… Continue reading The Greece Roller Coaster – Don’t be Misled – Understand How Markets Work