Economic Outlook

THE WOLF STREET REPORT

Posted by Wolf Richter

on Tuesday, 8 January 2019 9:30

Nothing Goes to Hell in a Straight Line, not even on Wall Street.

I have to admit, it was the most volatile holiday period in the stock market and the credit markets that I can remember – and perhaps in history. All kinds of crazy things happened, just when market participation was thinnest. These were crazy moves. But those crazy moves won’t be the last crazy moves…. CLICK for complete article 

Best Sector ETFs For January: Looking For Leadership

Posted by Todd Schriber

on Tuesday, 8 January 2019 9:24

On a historical basis, January is not as kind to U.S. equities as many investors believe it to be, but after a rough fourth quarter, the S&P 500 is starting 2019 on a strong note.

Following Monday’s gain, the benchmark U.S. equity gauge is up about 1.8 percent to start the new year…. CLICK for complete article

Bitcoin Goes Back To The Basics In 2019

Posted by Michael Kern

on Monday, 7 January 2019 11:38

The crypto-sphere underwent a sort of transformation in 2018…

Consider it the awkward teenage years of the burgeoning space. Bitcoin stumbled, struggling to find its place in the world. And regulators, officials and traditional economists didn’t make it much easier…. CLICK for complete article

A More Stupid and Dangerous Way of Making Decisions

Posted by Michael Campbell

on Saturday, 5 January 2019 11:37

Famed economist, Thomas Sowell once said, “I can’t think of a more stupid or dangerous way of making decisions than by putting those choices in the hands of people who pay no price for being wrong.” Unfortunately with Bill C-76 Canada came up with a more stupid and dangerous way.

.

Double Dipping MSP Premiums

Posted by Michael Campbell

on Wednesday, 2 January 2019 15:13

BC’s NDP government will be collecting the new health tax from businesses while individuals STILL pay MSP in 2019 PLUS increases to property taxes are coming to pay that tax. And there’s more…