Deja Vu? The S&P 500 Is ‘Eerily Tracking’ October 2008
03/12/2020 11:17 AMInvestors haven’t seen a stock market sell-off like the one they're seeing this week since 2008. According to DataTrek Research co-founder Nicholas Colas, the 2008 market drop started off almost exactly like things have played out on Wall Street this week. On...
read moreThe One Sure Thing About COVID-19 Reaction
03/12/2020 7:25 AMLots of questions remain about novel corona virus despite wall to wall media coverage but the only question about the economic and financial fall-out is will it go from bad to...
read moreMust Read: Your Tax Bill Is Going To Get A Lot Higher
03/11/2020 12:59 PMThe record low interest rates are bad news for public sector pensions and taxpayers because we're on the hook for any shortfall. It's already increased the deficit this year by $7 billion but it's going to get much worse because of record low interest...
read moreThe Collapse of Pot Stocks: Refreshingly, Not COVID-19’s Fault
03/11/2020 12:07 PMHard to feel sorry for victims of these hilariously obvious pump-and-dump schemes, but they sure got their pockets cleaned out. There are plenty of questions surrounding cannabis – including whether or not it should be legal, and how it should be regulated and taxed....
read moreCOVID-19 having minimal impact on real estate market – so far
03/11/2020 11:58 AMCOVID-19 (novel coronavirus) hasn’t yet put a major dent in the Canadian commercial real estate or housing markets, but a great deal of uncertainty remains surrounding the potential impact of the global outbreak. “We are already beginning to see the impact of the...
read moreYou Can Be Anti-Business But Please Know What You’re Talking About
03/11/2020 7:59 AMI'm hearing the market drops only impact the "investor class" - what a load of crap. It hurts workers pension, some companies that rely on travel and tourism will be put out of business. Oil industry workers aren't getting their job back with today's oil...
read moreCopper Mountain cuts targets amid market rout, virus fears
03/10/2020 2:15 PMCanada’s Copper Mountain Mining (TSX: CMMC) (ASX: C6C) became on Tuesday the latest company to adjust plans due to ongoing markets collapse and near-term copper price uncertainty as a result of the rapidly spreading coronavirus panic. The Vancouver-based miner...
read moreEuropean Bank Stocks Collapse to March 2009 & 1988 Levels
03/10/2020 12:31 PMJust how much lower can they go? To Zero. And the ECB’s negative interest rates are driving them closer to it. Over the past three weeks, stocks in Europe have plunged by 22.5%, their worst decline since the collapse of Lehman Brothers. The sell-off has been across...
read moreAvoiding Financially Self-Destructive Impulses
03/10/2020 7:50 AMHumans are hard-wired to run from danger, paradoxically making the emotion of Fear the biggest impediment to long-term investor success. Resisting Fear-based investment actions in the midst of panic is the key. Click the link below to read the March 9, 2020 "Views...
read moreYou Can Be Anti-Business But Please Know What You’re Talking About
03/10/2020 6:28 AMI'm hearing the market drops only impact the "investor class" - what a load of crap. It hurts workers pension, some companies that rely on travel and tourism will be put out of business. Oil industry workers aren't getting their job back with today's oil...
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