Millions are tumbling out of the global middle class in a historic setback
04/07/2021 7:02 AMAn estimated 150 million slipped down the economic ladder in 2020, the first pullback in almost three decades. One of the most economically significant trends of the past few decades has been the emergence of a global middle class. The expectation that this cohort...
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Biden Foreshadows What’s to Come in Canada
04/07/2021 6:04 AMIs Biden's Build Back Better plan of higher corporate taxes, Green New Deal along with more regulation coming to...
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Markets Rally, but what about COVID?
04/06/2021 7:50 AMThis morning: Markets look set to rally strongly into Q2, but are they over-exuberant? The rise in deaths and new strains in Brazil hints the Covid war isn’t won yet, there are rising political risks in Europe, and widening wealth inequality is apparent everywhere....
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It’s Time To Challenge All Party Leaders
04/06/2021 6:00 AMWhen it comes to economic and financial policy, our leaders get a free ride - it's time that stopped. But I'm probably...
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Big Fat Idea – Taking Advantage of the Commodity SuperCycle
04/05/2021 12:21 PMAndrew Ruhland shares with Mike his strategy Core and Explore strategy - and how it offers a safe, structured and sophisticated way to take advantage of the Commodity Super...
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It’s time to officially bury Goldbug Macro
04/05/2021 8:59 AMYou know, the school of thought that's always warning about dollar debasement and inflation as a result of money printing. Here is a chart of gold over the last 10 years. It's up about 10%. During this period we've run large deficits the entire time, and in fact...
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Retaliatory tariffs on everything from grand pianos to anchovies could total almost $1 billion a year
04/05/2021 8:46 AMU.S. forges ahead with plan to slap tariffs on nations that tax digital giants The U.S. is pressing ahead with plans to hit six nations that tax Internet-based companies with retaliatory tariffs that could total almost US$1 billion annually. Goods entering the U.S. —...
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Bill Hwang recently lost $8B of his own money over a 10-day span. That’s $9,259 a second
04/05/2021 8:28 AMTalk about a rough week at the office. Over the past week, Wall Street has been picking through the implosion of a $10B fund called Archegos Capital Management. A number of highly leveraged bets went sideways and the fund -- run by industry vet Bill Hwang -- went...
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I Talked to the Auditor General – and You Won’t like What I Heard
04/05/2021 6:59 AMThe lack of accountability in spending hundreds of billions of our tax dollars has been the principal characteristic for 30 years ... and that means the billions wasted is going to...
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Shocking Stat & Goofy Awards
04/03/2021 10:30 AMShocking Stat Who loses money in this environment? You'll be shocked at how much in this investment category? Goofy Awards Two headshakers - one from federal politicians and the other from UBC. Some would call both of them...
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