The Price Of Plywood Is Absolutely Ridiculous – But It Is Also A Sign Of The Times…
04/22/2021 6:46 AMWould you pay $100 for a sheet of plywood? I know that sounds absolutely crazy, but we are almost there. The price of plywood has been soaring into the stratosphere in recent weeks, and analysts are telling us that it will remain high for the foreseeable future. ...
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Europe’s Proposed Limits on AI Would Have Global Consequences
04/22/2021 6:30 AMThe EU released draft laws that would regulate facial recognition and uses of algorithms. If it passes, the policy will impact companies in the US and China. THE EUROPEAN UNION proposed rules that would restrict or ban some uses of artificial intelligence within its...
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Borrowing Quiz
04/22/2021 6:00 AMThe federal government promises to spend $101 billion to boost the economy over three years. Can you guess the difference in interest costs if they have borrowed the money in January compared with...
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Schachter’s Eye on Energy – April 21st
04/21/2021 10:04 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy and energy service companies with...
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Need an Angel Investor? There’s an App for that……
04/21/2021 8:48 AMConsider it like Shark Tank on your phone: Every week on Angelhouse, founders make a pitch to a panel of investors as hundreds of people listen in. STARTUP FUNDRAISING CAN be bloodsport, which also makes it great entertainment. Shark Tank first brought pitch decks...
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Canada’s 2021 Budget – Reckless, Retrograde and Sad
04/21/2021 8:15 AMThere was a time in this fair land when a federal budget was an economic document. These days, it is a social policy document aimed to buy votes. It's actually quite sad. David Rosenberg, Rosenberg Research Welcome to the new Canada, where on Monday the Liberal...
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Does This Portend The End Of Neoliberal Idiocy
04/21/2021 6:27 AMWar and Peace As Tolstoy said of ‘War and Peace’, it’s "not a novel, even less is it a poem, and still less a historical chronicle." I agree: it’s a schlep. It’s one of those epic novels that you look at and think - can I? And I must confess, with my eyesight, I...
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The Daycare Budget Sounds a Lot Better Than …
04/21/2021 6:11 AMThe “Are you kidding me, $509 billion in new debt in just two years” budget. Because then some party pooper may ask - how are we going to pay for...
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“This Is Nuts!” – Is BofA Right About A Market Drop To 3800?
04/20/2021 12:41 PMRecently, Bank of America’s Savita Subramanian discussed why the market could drop to 3800. She discussed her thesis in her latest strategy note titled “Five Reasons To Curb Your Enthusiasm.” This analysis is interesting, particularly when analysts are rushing to...
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There is general sense “something wicked this way comes”
04/20/2021 7:14 AM“When beggars die, there are no comets seen; the heavens themselves blaze forth the death of princes….” This morning: There is general sense “something wicked this way comes” towards current priced for perfection markets, but trying to define the exact N0-see-um...
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