Mike's Daily Comment
When Teck backed away from the Frontier Mine, David Suzuki celebrated and called the loss of jobs, opportunities for First Nations youth and billions in government revenue a “victory.”
Name calling, threats, pushing and shoving have all been featured during the Coastal Gaslink protests – a reminder of how much work they’re still to do on Pink Shirt Day.
The formula is clear – spend a billion and get nowhere. Teck’s just done it – so did Northern Gateway & Energy East and Kinder Morgan but in the later’s case the plan backfired – and now taxpayers are left holding the bag.
No shortage of economic and financial worries – COVID19, falling commodity prices, Deutsche Bank derivatives, Bernie Sanders rise – all of which could be the catalyst for a serious market correction.
Stock Market Is the 2nd Big Warning
Posted by Michael Campbell
on Friday, 28 February 2020 7:20
The first was the massive jump in overnight lending rates in September but is anyone paying attention? I doubt it. For months on MoneyTalks we warned that a massive change was coming in late January – now we’ll focus on what’s next. Hint: it’s much more serious.