Gordon Ramsay moves restaurant HQ to Texas from California: Report
12/13/2021 1:47 PMCelebrity chef Gordon Ramsay has relocated his restaurant headquarters from California to Texas, Dallas Morning News reported. Ramsay has hired a team of businessmen and chefs to expand his restaurant brand across North America, the outlet reported. It added that the...
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The EU is Well Ahead of the US in Cryptocurrency Support and Regulation
12/13/2021 1:14 PMDecentralised finance happens to be one of the few high tech areas where the EU is doing quite well. Last week the Council adopted its position on proposed crypto market regulations for Defi products. They are very industry-friendly. The proposed regulations are the...
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Bank of Canada maintains inflation target of two per cent, adds jobs to mandate
12/13/2021 12:25 PMCanada’s central bank will maintain its current inflation target of two per cent, but will rely more on employment numbers to make policy decisions. Since 1991, the Bank of Canada (BOC) has tried to keep inflation within one to three per cent, ideally at two per cent....
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Trading Desk Notes For December 11, 2021
12/13/2021 10:58 AMBullish enthusiasm came roaring back this week – the S+P registered an All-Time High close – the DJIA rallied >2,000 points from last week’s lows The S+P hit All-Time Highs Monday, November 22, but closed down on the day. Three sessions later, waves of heavy selling...
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Quote of the Week, Shocking Stat and Goofy Award
12/12/2021 1:17 PMQuote of the Week Possibly the most disturbing quote ever heard on this show. But it is time to start understanding the reality of the Chinese concentration camps. Shocking Stat Some advice on how to get young people interested in finance. Goofy Award Public Health...
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Mike’s Comment – December 11th
12/12/2021 12:57 PM"It's Frank's world, and we're all just living in it." Sammy Davis Jr. Mike highlights the incredible disconnect between the educated elite decision makers and the reality of policies on the...
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December 11th Episode
12/11/2021 8:23 AMThe gloves are off on China. Award winning journalist and author Terry Glavin joins Mike to talk about Canada feeble response to date, a truly disturbing quote of the week, plus Ozzie on the implications of the Evergrande and Kaisa defaults. On the positive side Nick...
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Kevin O’Leary has gone on a crypto binge, but his investment fund has different ideas
12/10/2021 1:47 PMBitcoin’s massive swings aren’t for everyone, but one investing shark is hungry for more cryptocurrency: Kevin O’Leary. The O’Shares ETFs chairman and Shark Tank personality bought his first coin in 2017 and has been picking up speed ever since. “I’ve grown the...
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Elon Musk Calls for End to Government Subsidies in Build Back Better Act
12/10/2021 1:38 PMFifth Element cosplayer Elon Musk would like the government to knock it off with the whole trying to pass climate legislation thing. His beef with the Build Back Better Act? Among other things, subsidies for electric vehicles. Thus, Musk continues a long tradition of...
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Bitcoin’s price could surge to more than $500,000 as institutional investors search for uncorrelated assets, Cathie Wood says
12/09/2021 11:45 AMBitcoin's price could surge to $550,000 as institutional investors ramp up allocations to the space, according to Cathie Wood. Wood told CNBC on Thursday that institutions are seeking exposure to uncorrelated assets and crypto fits the bill. "The move by institutions...
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