Bank of Canada maintains rates despite decades-high inflation
01/26/2022 10:16 AMCanada’s central bank is holding interest rates at 0.25 per cent, but warns that increases will be coming to combat high inflation. On Wednesday, the Bank of Canada (BOC) maintained interest rates at their current levels, despite the economy having recovered from the...
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Bitcoin recovers from 6-month low as investors buy the dip, cosmos leads gains in altcoins
01/25/2022 12:26 PMCryptocurrencies rebounded strongly on Tuesday, breaking a string of heavy losses over the previous few days and defying broad weakness on the stock market. Financial markets have experienced wild volatility as investors await the outcome of the Federal Reserve's...
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Visualizing China’s Dominance in Clean Energy Metals
01/25/2022 12:01 PMRenewable sources of energy are expected to replace fossil fuels over the coming decades, and this large-scale transition will have a downstream effect on the demand of raw materials. More green energy means more wind turbines, solar panels, and batteries needed, and...
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Canada’s Real Estate Bubble Is So Big Even The Mother Of All Crashes Can’t Fix It
01/25/2022 11:26 AMCanadian real estate is now some of the most expensive in the world. Home prices across the country, not in pricey hubs, are now comically overvalued. At this point, not even a major housing crash can restore affordability. Many think this is pandemic-related, but...
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Peter MacKay: It’s absurd for Trudeau to let China buy a Canadian lithium firm — especially without a security review
01/24/2022 2:09 PMThe Liberals must stop rewarding Beijing’s unconscionable behaviour For some time now, it has seemed as if Canada’s foreign policy approach toward China has been similar to that old Abbott and Costello baseball shtick of “Who’s on First?” That is to say, Ottawa’s...
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Trading Desk Notes For January 22, 2022
01/24/2022 10:51 AMThis was the worst week for the leading stock indices (including the TSE) since the February/March 2020 meltdown Market sentiment is extremely bearish, and markets are extremely oversold. Significant “technical support” levels have been broken. With the markets...
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Quote of the Week, Shocking Stat & Goofy Award
01/23/2022 11:56 AMQuote of the Week Lyn Alden, one of the top macro investment analysts will anger some people with her observation that when it comes to taking action on climate change - the emperor has no clothes. Shocking Stat Is the healthcare debate over the use of private care...
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Mike’s Comment – Jan 22nd
01/23/2022 11:45 AMGo figure. Polls say that Canadians' biggest worry is rising prices but many of the same people support climate policies that are guaranteed to push prices...
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January 22nd Episode
01/22/2022 8:26 AMThe bond markets crumbling, stocks are falling - why? Davis Rea's chief strategist John Johnston joins Mike to talk about the dramatic shift in the investment environment while Ozzie talks about the impact of higher interest rates on housing. The quote of the week is...
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Cryptocurrencies tumble, with bitcoin falling 10% and ether down 13%
01/21/2022 1:21 PMBitcoin prices fell sharply on Friday, while ether prices also dived, wiping off nearly $150 billion from the crypto market. Bitcoin fell about 10% and was trading near $38,330 on Friday, according to Coin Metrics. Ether, the second-largest cryptocurrency by market...
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