Mike's Daily Comment
January marked another dismal month for economic growth. And it was a self inflicted wound led by the uncertainty caused by blockades and higher taxes.
But what it does have is the ability to borrow more. And it’s going to use it – approximately $200 billion more federally and provincially in the next year.
As the pandemic continues new research and new data begs for a far broader discussion and more questions directed at decision makers.
Mike give one key piece of financial advice while Davis Rea’s chief strategist, John Johnston on the double dip coming in stocks. Ozzie talks the change for renters and don’t miss the Goofy. Should governments try to gain advantage during the crisis.
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The Truth Behind The Stock, Currency and Bond Markets’ Move
on Thursday, 2 April 2020 7:10
Forget the politics – there will be plenty of time for the trivial later. We have a major liquidity and credit problem that has been exacerbated by COVID-19 but not caused by it.