The market does not look good anywhere and despite what experts say, I smell a recession. I just don;t like it.
Here is a bit a read about the colossal salary of CEO and what Switzerland and other countries are doing about it:
Swiss voters OK "anti-fat cat" initiative. As expected, Swiss voters have approved an "anti-fat cat" initiative that allows investors to hold binding votes every year on executive compensation at listed companies, and enable them to block large payouts at the start and end of a manager's employment. Executives who break the new law could face hefty fines and up to three years in jail. Companies that will be affected include Novartis (NVS), Nestle (NSRGY.PK), UBS (UBS) and Credit Suisse (CS).
I heard that Germany would be legislating the same in August and Great Britain in October.
Isn’t time for Canada to do the same?