Mike's Daily Comment

The Driving Force in Economics and Finance

Michael identifies the force that has served him well in correctly forecasting Brexit, The Election of Donald Trump, the rise of populism & the anti-establishment movements in Italy, Hungary, Spain. All part the catalyst for the breakup of the EU. 

 

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Uncommon Sense And Why It Matters

John Johnston Chief Strategist of Davis Rea takes a look at what’s happening Globally in light of the current trade wars. Still bullish for the next year or so, he does see a recession out there somewhere. He also gives his forecast for interest rates in Canada & the US as well as his forecast for the Canadian Dollar. He sees energy in Canada as pretty cheap.  John is of the view that Canada is going to get hit the hardest if there are any trade problems. 

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Anthony Bourdain Reminds Us of Principle vs Politics

In his last interview, Anthony Bourdain takes dead aim at the Clintons and how the political class ignored the former President’s Harvey Weinstein like sexual transgressions. It was politics over princile. 

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You’ve Probably Never Written A Number This Big

Despite the warnings about debt build-up and the historical record of calamity that goes along with it – the world added $30 trillion in debt in the last 2 years. Wait til you see how big total debt is now. 
 
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Going Backwards in BC

Riding sharing is in 600 cities around the globe but not in BC. This week the BC government delayed it again into 2019 at the earliest but it is the ridiculous spin that wins the goofy.  

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