Mike's Daily Comment

Michael Levy: Unintended Consequences of the COVID-19 Pandemic

One of the secondary reactions to the COVID-19 pandemic is how a group of bored and at home day traders took on Wall St Hedge Fund managers resulting in a frenzied market that produced spectacular gains. But are they prepared to see the other side which will most certainly result in huge losses?

Government Debt Build-up is Going to Change the World Order…

And just about everything else. Nothing will have a bigger impact financially, economically and geopolitically…it’s going to be a wild rise.

Complete Show – January 30th

Gamestop is a compelling story – hedge funds losing billions – individuals striking it rich but it’s also a huge warning. Plus Mike starts with arguably the question of the decade. Plus a goofy award that’s going to bring the hate mail.

Canada’s Recipe for Economic Recovery

Canada ranks 23rd when it comes to the ease of doing business – 64th when it comes to getting a construction permit. Let’s send a thank you note to our political leaders.

Did You See the Action in GameStop and Blackberry Coming?

Major hedge funds lost billions, which should remind us all, including politicians who tell us the debt build up is not a problem, how much of the potential fall-out is unpredictable.