Make no mistake—this is a stock market bubble.
09/15/2020 7:03 AMThe Stock Market Bubble —and How to Play It Every stock market bubble begins with a story, and make no mistake—this is a stock market bubble. The story began easily enough, if not with “once upon a time.” A virus forced the country to shut down and accelerated the...
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Way More Questions Than Answers
09/15/2020 6:44 AMWhat happens next seems to be the big uncertainty - especially with some provinces already backtracking aspects of reopening the economy. It's already got the Bank of Canada...
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Ignoring the results and “hoping this time will be different” has never been a profitable portfolio strategy.
09/15/2020 6:43 AMIs everything “priced in?” Investors have gone “all in” with a disregard for caution. But with markets extended and overvalued what should investors do now? As discussed in this past weekend’s newsletter, investors got even more speculative during the recent...
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09/14/2020 12:34 PM
People with obesity who contracted COVID-19 were 113% more likely than people of healthy weight to land in the hospital, 74% more likely to be admitted to an ICU, and 48% more likely to die. In the U.S., 40% of adults are considered obese. (In Canada, Public Health...
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World’s gold miners wary of production ramp-up despite price surge
09/14/2020 9:45 AMThe world’s top gold miners are retrenching after covid-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth. Gold prices have jumped 30% this year to roughly $2,000 an...
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Fed Stimulus Has Created The “Cobra Effect”
09/14/2020 9:38 AMWith the late week sell-off, we have updated our risk/reward ranges below. Unfortunately, the market failed to hold its breakout, which keeps it within the defined trading range. The market did hold its rising bullish uptrend support trend line, which keeps...
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Key Events This Week: Fed, Retail Sales, Industrial Production And Confidence
09/14/2020 8:40 AMLooking at the key market events this week, central banks take center stage, with a raft of policy announcements due from around the world. The highlight will come from the Federal Reserve on Wednesday, though we’ll also get decisions from the Bank of Japan and Bank...
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You Won’t Believe These Quotes
09/14/2020 6:03 AMYou'd think they were made this week given how relevant they are - but shocking given many are over 100 years old - written by one of modern history's greatest social commentators - HL...
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Shocking Stat & Goofy Award
09/13/2020 10:59 AMShocking Stat You'll be shocked at how much Canadians buy that's produced by forced labour (slavery) and children. Goofy Even if the media doesn't like Donald Trump it doesn't excuse not appling journalistic principles evenly no matter the politician or...
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3 Things Your Business Can Do to Thrive During COVID
09/13/2020 10:49 AMEamonn Percy of the Percy Group joins Michael to share some specific actions businesses can take today to help them survive and...
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