Cash-Flow Zombie Netflix Extracts Another $2 Billion from Befuddled Investors
10/22/2019 6:30 AMHaving burned cash for 22 years and counting. “Don’t get me wrong: there is still lots of money out there chasing these companies,” I said in my podcast on Sunday, naming Netflix as one of the perennially cash-flow negative companies – the “cash-burn machines” – that...
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Social Media Influencers, Dream Job Or Billion-Dollar Fraud?
10/22/2019 6:18 AMOne of the biggest money-makers in today’s job market requires no real skills, no degree, and no experience. Baby Boomers are necessarily appalled, and even some of the older Millennials. The ‘job’ is social media influencer, and it’s raking in tons of money for...
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The Election’s Over – Reality Sets In
10/22/2019 6:05 AMLots of magical talk about problems like affordable housing during the federal election but the truth is that it's the municipal and provincial governments that have added tens of thousands to cost of new...
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Cramer: Is FAAMG The New FAANG?
10/21/2019 11:36 AMNetflix Inc inclusion in the prestigious "FAANG" acronym should come to an end, with its replacement being the "far less episodic" Microsoft Corporation CNBC's Jim Cramer said during Friday's "Mad Money." Netflix reported a miss on "almost every key metric" in its...
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Canadian Variable Mortgage Rates Are Rising Very, Very Fast
10/21/2019 11:27 AMDespite rock bottom borrowing rates, some Canadian real estate buyers are paying more. Bank of Canada (BoC) numbers show variable rates on residential mortgages made a big jump. Even with borrowing rates generally falling, variable interest mortgages are at a six year...
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NBA Dispute With China’s Big Message Ignored
10/21/2019 6:10 AMChinese money is everywhere including in Canada - universities, supporting some politicians, and of course, in business and as the NBA just found out, all they demand in return is to acquiesce to Xi Jinping's totalitarian...
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Goofy Award, Shocking Stat & Quote of the Week
10/19/2019 10:14 AMQuote of the week Absolutely great quote by one of the world most respected economists, Thomas Sowell, on the difference between economics and politics. Shocking Stat We've been forced fed a one sided view on how to fight climate change by political activists and the...
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Ozzie Breaks Down The Party Platforms on Real Estate
10/19/2019 10:01 AMStress Test, tax credits, affordable housing - Ozzie Jurock gives you the lowdown on housing...
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Mike’s Editorial – The Stupidest Election Ever
10/19/2019 9:50 AMNoted Laval Economist, Stephen Gordon Calls the Election “the stupidest ever.” That's an understatement when it comes to economic policy. Whether you're issue is sustainable healthcare, the high cost of living, poverty or climate change - it all comes down to...
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Complete Show – October 19th
10/19/2019 9:44 AMMike talks about the biggest and most dangerous failure of the election campaign coverage. Ozzie drops by to review the major parties' real estate promises. And the goofy goes to the UN for what could be the most outrageous appointment in its sorry history....
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