Schachter’s Eye on Energy – March 3rd
03/03/2021 11:53 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 27 energy and energy service companies with...
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Target saw more sales growth in 2020 than the last 11 years combined.
03/03/2021 7:43 AMHere’s a list of pandemic winners we are all familiar with: Amazon, Moderna, and Zoom. After it reported earnings on Tuesday, we can safely add Target to the mix. Over the full year ended Jan. 30, the retailer posted revenue of $93.6B -- up 20% YoY and a greater...
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Justin Trudeau was more committed to borrowing his way out of the Covid-19 crisis last year than almost any other leader in the developed world.
03/03/2021 7:31 AMThat cushioned the blow of the pandemic, but raises some hard questions about what Canada got for all that spending. The economy shrank 5.4% last year, Statistics Canada said Tuesday, the sharpest annual decline in the post-World War II era and the third straight...
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Federal Election?
03/03/2021 7:02 AMA Parliamentary committee of all parties hopes not. The PM says we're preoccupied with the pandemic - he's right but this is...
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Mixing politics and investing has a very bad reputation
03/02/2021 8:16 AMMixing politics and investing has a very bad reputation. Go online and you'll find dozens and dozens of articles about how when you participate in the market, you should leave your politics at the door, or ignore politics altogether. But if instead of warning about...
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What Are SPACs, the Trend Blowing Up the Finance World?
03/02/2021 8:06 AMEmpty-shell companies have raised tens of billions of dollars this year so far, and everyone from Colin Kaepernick to SoftBank is getting in on it. By now, you may have heard of a new bubble that has taken its place among the pantheon of bubbles we call the global...
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Rabobank: There Are Only Three Ways That This All Ends
03/02/2021 7:58 AMOur problem, in a Canute shell As posited yesterday morning, Monday indeed proved that Friday’s market price-action had been about end-of-month short covering in bonds, rather than a sudden market recognition that major central banks are ahead of the curve in...
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Guaranteed Basic Income Sounds Great to Some
03/02/2021 7:09 AMOnly problem is that no one - including a just released study commissioned by the BC NDP - says in practice, it's not a good...
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Housing market boom prompts mea culpa from CMHC head
03/01/2021 4:49 PMCMHC released forecasts last May saying Canadian home values could plunge between 9 and 18 per cent The head of Canada’s national housing agency defended his organization’s prediction that the COVID-19 pandemic would cause a sharp decline in the residential...
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Big Fat Idea – Re-Balance Now!
03/01/2021 10:35 AMNeil McIver joined Michael to share why re-balancing your portfolio needs to happen right now - to avoid unnecessary risk in a COVID skewed market and in light of government interventions. This was one of the themes in Neil’s 2021 World Outlook Financial Conference...
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