Mike's Daily Comment
Tuesday the Prime Minister announced that now we’re double super primo serious about having arriving travellers quarantine. That’s over a month after they said it was a necessity.
Argentina is about to default of $83 billion in debt owed to private investors. Can the Federal Reserve bail them out too because the direction of the investment markets may depend on it.
Why so many are prepared to go to bat for China is a mystery? No, not the people who are on Beijing’s payroll or are in Canada with the blessing of the totalitarian state – what about everyone else.
Mike talks about the big hole in the argument that we can afford this year’s $184.2 billion federal deficit. Ace analyst, Tyler Bollhorn talks about the damaging mistakes investors are making today while Ozzie Jurock has an idea that puts money in your pockets but doesn’t cost taxpayers a cent.
It was Refreshing, Informative and Important
Posted by Michael Campbell
on Thursday, 16 April 2020 6:25
I’m talking about the Bank of Canada press conference, the key component to a strong recovery. No pablum, nothing self congratulatory – just facts and actions that the Bank hopes will prevent the recession from turning into a depression.