The Road to Canada’s COVID-19 Border Failure
03/28/2020 5:55 PMWhen the COVID-19 crises first hit in late January, Ottawa MPs of all political stripes weren’t satisfied with the federal government’s assurances that Canada had the problem under control. For the next two months — until major changes were made at last to our border...
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What Should You Do?
03/28/2020 10:27 AMAs the Central Banks step up with hundreds of billions of dollars to keep interest rates down and the credit markets functioning - what should you...
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Complete Show – Mar 28th
03/28/2020 10:07 AMMike give one key piece of financial advice while Davis Rea's chief strategist, John Johnston on the double dip coming in stocks. Ozzie talks the change for renters and don't miss the Goofy. Should governments try to gain advantage during the...
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The One Thing – Playing The “Bear Market” Rally
03/27/2020 9:57 AMThe “ONE Thing” you need to do TODAY, right now, is “accept” where you are. What you had, what was lost, and the mistakes you made, CAN NOT be corrected. They are in the past. However, by hanging on to those “emotions,” we lock ourselves out of the ability to take...
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The Oil Price War Won’t Dethrone The Dollar
03/27/2020 9:47 AMWith the oil price war between Saudi Arabia and Russia showing no signs of relenting, some analysts are now warning that the standoff could extend much longer. Saudi policy now appears to revolve around inflicting pain on both OPEC and non-OPEC producers over the...
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Thanks To Government COVID-19 Is the Last Straw For Many Businesses
03/27/2020 7:33 AMBefore COVID-19 hit, businesses were reeling from increases to property tax, CPP, minimum wage and the carbon tax, which robbed them of the capital to survive COVID-19 for even a few...
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New US Jobless Claims Hit Record 3.28M As Coronavirus Strikes Economy
03/26/2020 9:45 AMInitial jobless claims in the week ending March 20 reached 3.283 million, the Bureau of Labor Statistics said Thursday. The number is more than triple the estimate of 1 million new claims. The prior week's figure was 281,000. The number reported Thursday far exceeds...
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Martin Armstrong: Another Perspective
03/26/2020 7:08 AMA letter from a member of the Armstrong Economics staff working in China on conditions on the ground. Hello Marty: My city is about 3 hours flight from Wuhan(the city outbreak of the virus), it is not as bad as there. Last month was more serious, everyone was told to...
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Is it ALL Disruptive?
03/25/2020 9:44 AMWe have never been through times like these, as the novel corona virus (COVID-19) ravages populations and economies across the globe. Globally, the disease continues to spread, although it looks like China has gotten past their peak. What many would view as draconian...
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World’s Largest Oil Trader Says Demand Could Plummet By 20 Million Bpd
03/25/2020 9:20 AMA dramatic change in oil demand coupled with an unexpected increase in production has upended the industry, Vitol’s chief executive Russell Hardy told Bloomberg in an interview. At its peak, oil demand could slump by 15 to 20 million bpd over the next few weeks. On an...
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