The giant Ever Given container ship was finally pulled free from the bank of the Suez Canal, allowing for a massive tail back of ships to start navigating once again through one of the world’s most important trade routes. Almost a week after it was stranded across...
For the past few years, I have been critical of the Ponzi Sector. To me, these are businesses that sell a dollar for 80 cents and hope to make it up in volume. Just because Amazon (AMZN – USA) ran at a loss early on, doesn’t mean that all businesses will inflect at...
If we looked at most investment bank outlook reports for 2021, one of the main consensus themes was a strong conviction on a rapid and robust eurozone recovery. They were wrong. This week, Capital Economics joined other analysts and downgraded the eurozone growth,...
If you’re watching Thursday’s House hearing on misinformation, where Twitter CEO Jack Dorsey, Facebook CEO Mark Zuckerberg, and Google CEO Sundar Pichai are testifying, you might have noticed a clock-like device prominently displayed over Dorsey’s right shoulder....
In Canada, our preference is towards financials, energy and communication services. No matter the metric, equity market valuations in the United States remain elevated. It does not matter if investors look at prices relative to earnings (trailing, forward or the...