Kevin O’Leary says he wants to more than double his crypto holdings to 7%
09/14/2021 10:55 AMCelebrity investor Kevin O’Leary says he wants to at least double his cryptocurrency holdings by the end of 2021, and predicts that “trillions of dollars” could pour into the market if crypto becomes a new asset class. The “Shark Tank” investor had previously said...
read more
Is Oil Really Doomed?
09/14/2021 10:22 AMTwo recent reports warned that oil and gas production needs to be significantly reduced if the world is to meet the Paris Agreement goals and curb the effects of climate change. They add to a growing body of research calling on Big Oil to stop pumping. But Big Oil...
read more
Bitcoin worth $2 billion moves for just $0.78
09/14/2021 9:57 AMBlock data from Blockchain.com reveals that a colossal Bitcoin (BTC) transaction worth $2 billion was processed on Monday night. Despite the enormous financial value, the unknown wallet holder only paid 0.00001713 BTC fees equivalent to $0.78. Although it is unknown...
read more
Trading Desk Notes For September 11, 2021
09/13/2021 11:49 AMStock indices trended lower all week to end the week right on their lows. Option Vol spiked higher In late August, my primary trading view was that the summer’s complacent, pro-risk market sentiment was due for a correction. “Everybody” was a buyer. Stock index option...
read more
Walmart says press release on pact with Litecoin was fake and cryptocurrencies fall
09/13/2021 10:47 AMCrypto investors got a fresh injection of volatility on Monday, after Litecoin (LTC-USD) spiked — then quickly tanked — after news of a partnership with Walmart (WMT) was exposed as a hoax. Litecoin rallied as high at 25% in under half an hour, after a fake...
read more
Canada’s Real Estate Bubble Is The Second Longest In The World: US Federal Reserve
09/13/2021 10:36 AMCanadian real estate has long been frothy, but how does it look compared to other countries? According to the US Federal Reserve (the Fed) exuberance index in Q1 2021, pretty bad. Only two G7 countries are considered exuberant markets (a.k.a. bubbles) — Canada and...
read more
Chinese firm buys Canada mRNA vaccine tech in US$500M deal
09/13/2021 9:18 AMChinese biopharma firm Everest Medicines Ltd. will license an mRNA COVID-19 vaccine from Canada’s Providence Therapeutics Holdings Inc., as companies try to bring the most effective inoculation platform into China despite its apparent resistance to western shots....
read more
Quote of the Week, Shocking Stat & Goofy Award
09/12/2021 9:40 AMQuote of the Week "Science" has been one of the big casualties during the pandemic but it shouldn't be a surprise given government controls the research purse strings. Shocking Stat The shocking impact of organized crime on the prices we pay for even the most...
read more
Mike’s Comment – Sept 11
09/12/2021 9:22 AMIf you were looking for meaningful from the leaders' debate - you had to be disappointed but certainly not surprised. But there were two quotes worth...
read more
Entire Show – September 11th
09/11/2021 7:30 AMInstant smarts - the best interview you'll hear on what the leaders debate should have said about your cost of living, economic growth, taxes and government debt with one of Mike's favourite economists, John Johnston. Ozzie on the latest government real estate move...
read more
