Economic Outlook

Michael ‘Big Short’ Burry Blasts “Unjustifiable” Lockdowns As “Most Devastating Economic Force In History”

Posted by ZeroHedge

on Tuesday, 7 April 2020 10:15

Infamous for his painful but ultimately profitable “big short” bet against mortgage-backed securities during the 2008 financial crisis, Michael Burry, the doctor-turned-hedge-fund-manager has been on a multi-day Twitter rant claiming that the lockdowns intended to contain the COVID-19 pandemic are worse than the disease itself. Echoing the thoughts of many, Burry opined in a series of tweets over the past two weeks that the government-enforced lockdowns and business shutdowns across America may trigger one of the country’s deepest-ever economic contractions, and further still, are not necessary to contain the epidemic (on March 22nd)… CLICK for complete article

Panic Collapse and Relief Rally

Posted by Neil McIver, McIver Capital

on Monday, 6 April 2020 10:09

We at McIver Capital Management are confident that the both the Bank of Canada and Federal Reserve have provided enough monetary stimulus to support the credit markets and prevent any systemic economic failure. For now.

The fact is our economy, and those of the G7, have effectively been stopped by virus lockdowns and forced social distancing. There is virtually no economy to speak of and at a minimum, hundreds of thousands of Canadians and millions of Americans have been thrown out of work. U.S. unemployment may indeed suddenly spike over 10% due to the lockdowns, and the President of the St. Louis regional Federal Reserve Board has estimated that U.S. unemployment could even reach as high as 30%. These numbers would match the great depression and seem unlikely in response to a temporary virus. But an alarming prediction nonetheless… CLICK for Neil’s complete article

Oil Stocks – Opportunity of a Lifetime?

Posted by MoneyTalks Editor

on Sunday, 5 April 2020 11:26

Josef Schachter of the Schachter Energy Report is Michael’s Interview of the Week. He gives his forecast for oil prices and talks about which stocks present the opportunity of a lifetime.

Mike’s Editorial

Posted by Michael Campbell

on Saturday, 4 April 2020 10:34

Mike exposes the superficiality of the narrative of returning to “normal.”

Primed for PGM’s Perfect Storm?

Posted by Marc Davis, BNWnews.ca

on Friday, 3 April 2020 12:40

This article is an interesting follow-up for anyone who heard ValOre (TSX:V-VO) CEO Jim Paterson on the radio with Michael last month. ~ Ed

It has all the makings of a perfect storm of opportunity, in spite of the recent onset of a long-awaited cyclical bear market for North America’s capital markets.

A surging market for platinum prices and other platinum group metals (PGMs) over the past several years is proving to be a godsent for the world’s handful of platinum miners. And as global demand for this “green” precious metal begins to outstrip supply, a new generation of aspiring PGM miners are starting to get the attention of prescient investors… CLICK for the complete article