Mike's Daily Comment

Missing Half the Deficit Challenge

Posted by Michael Campbell

on Wednesday, 20 May 2020 7:12

People saying this is a one time federal deficit are missing half the story.  It’s not just spending – revenues are getting killed. And one major problem is being overlooked.

Of Note

Posted by Michael Campbell

on Tuesday, 19 May 2020 10:07

Bank of America survey of 223 fund managers found only 10% expect a V-shaped recovery, 25% expect a new bull market.

VS

75% expect a U or W-shaped recovery and 68% call today’s market action a bear market rally.

One Positive Change Thanks to COVID-19

Posted by Michael Campbell

on Tuesday, 19 May 2020 6:23

Talk about a 180. Suddenly we’re celebrating hard work, dedication, skills and the perseverance of not just front line healthcare workers but everyone still on the job.

If You Can’t Answer This One Question Then You Don’t Know What’s Going On

Posted by Michael Campbell

on Monday, 18 May 2020 6:53

I’m not kidding. This one question reveals what the big problem is going forward.  Pass it on – including to your favourites in the commentariat. Hint – the answer won’t be found at the daily pressor in Ottawa.

Quote of the Week, Shocking Stat & Goofy Award

Posted by MoneyTalks Editor

on Sunday, 17 May 2020 9:47


Quote Of The Week
All you need to know about voters attitudes in upcoming US Presidential election.

Shocking Stat
The most shocking stat we’ve seen about the response to COVID19 and the scare that never happened.

Goofy Award
Fraud, accountability in government spending are clearly secondary during COVID19 – but then again, it’s always been that way.

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