Michael Levy: Tow the Line or Lose Your Job
06/10/2020 6:44 AMIt's a disturbing trend that notable journalists have been forced to resign in the last week because they didn't strictly follow the "woke" crowd's narrative. Photo (Associated...
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They have broken the market’s pricing mechanism
06/10/2020 5:54 AM“It’s strange what desire will make foolish people do..” Where do financial markets go from here? Yesterday headlines were screaming US stocks are now positive for the year! Today it’s “Momentum stalls” as markets pause to consider just how high they’ve risen in the...
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Consumers Demand More Savings As Food Prices Skyrocket
06/09/2020 12:19 PMFood prices have risen at the fastest pace in more than 40 years and food makers and consumers are scrambling to find ways to mitigate the impact, The Wall Street Journal reported. What Happened: Store-bought food prices rose at a seasonally adjusted 2.6% in April,...
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COVID-19 Is Fueling A Global Video Game Boom
06/09/2020 8:47 AMMobile games drive expansion Globally, Covid-19 has accelerated an increase in consumer engagement with mobile games. According to figures from Newzoo, the mobile games market will generate revenues of $77.2bn in 2020, representing year-on-year (y-o-y) growth of...
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Top Politicians Undermine Provincial Health Officers
06/09/2020 7:51 AMThe same weekend that the Prime Minister said to heck with social distancing rules and joined thousands of Ottawa protestors - an Ottawa pizzeria was fined for failing to enforce social distancing for a few people waiting to pick-up their pizza. Photo...
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Billionaire Ron Baron claims SpaceX will grow by a multiple of 20 in the next 10 years
06/09/2020 6:26 AMBillionaire investor Ron Baron believes there’s still plenty of room for growth for Elon Musk’s Tesla and SpaceX companies. Baron said Tuesday morning on “Squawk Box” that he believes “there’s 10 times more to go” with Tesla. He also said SpaceX, a privately held...
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3 ETFs Getting Absolutely Crushed This Year
06/08/2020 10:57 AMThe Nasdaq-100 recently hit record highs and the S&P 500 is almost all the way back to its pre-coronavirus slump record. Some market segments and the related exchange-traded funds are doing even better than those broader benchmarks. At the sector level, technology and...
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Researchers Uncover Which Blood Type Is Most Resistant To COVID-19… And Another Malaria Link
06/08/2020 10:51 AMGenetic testing firm 23andMe have discovered that Type-O blood is particularly resistant to SARS-CoV-2, the virus that causes Covid-19. In a Monday statement, the company said that preliminary results from over 750,000 participants have revealed clues as to why some...
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Goldman Turns Bearish On Oil Again
06/08/2020 6:58 AMGoldman's energy analyst Damien Courvalin, who on May 1 turned bullish on oil (after being one of the first in mid-March to correctly warn that negative oil prices are coming) expecting a jump in prices from record lows due to a sharp reversal in supply/demand...
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This Makes the Lockdown Look Like A Bad Joke
06/08/2020 6:30 AMLiterally millions of people have lost their jobs, businesses closed, domestic abuse is up because of social distancing and the restrictions on the size of gatherings. Last week top politicians said to heck with...
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