Mike's Daily Comment
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?
And just about everything else. Nothing will have a bigger impact financially, economically and geopolitically…it’s going to be a wild rise.
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 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.
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I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.
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Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
~ der_al.
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A sane voice in a scrambled investment world.
~ Ed R.
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Michael Levy: Definitely Not a Business Model to Follow
Posted by Michael Levy
on Wednesday, 3 February 2021 7:07
The federal government announced yesterday that the yet to be approved Novavax vaccine will be manufactured in Canada. By promised a vaccine would be available to all Canadians by September do they mean this year or next?