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Some top analysts deliver a devastating blow on the government’s decision to lock down the economy. Plus arguably the most important quote of the year on COVID19 while in the goofy the CBC goes full on Fake News.
Our 4th CoronaCrisis Update, a series of special private conversations Mike is recording with select analysts, will be ready for viewing by Inside Edge subscribers later this evening (Friday May 8th). In this video Ryan Irvine updates his 2020 World Outlook Small Cap Portfolio (which is up an amazing 10.94% over the last three months) plus offers some new recommendations for your DIY portfolio. Not yet an Inside Edge subscriber? This might be a great time to consider joining. CLICK HERE for more information.
Governments are putting on restrictions on “reopening the economy” that reduce the number of customers, which guarantees some will go out of business.
She coined the phrase “the only problem with Socialism is that eventually you run out of other people’s money” – and is still not forgiven in some circles.
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Mike’s Editorial – May 9th
Posted by Michael Campbell
on Saturday, 9 May 2020 11:27
During some private conversations with top economic and financial analysts I asked what they thought of the government decisions to go nuclear and lock down the whole economy. They didn’t mince words.