Mike's Daily Comment

Our Fountain of Inconsistencies

Politicians are the masters of inconsistency. You want affordable housing and a politician stands ready to raise taxes on housing to make them less affordable. Canada needs the revenue from resources and politicians stand ready to implement more barriers, regulations and taxes to make it harder to develop them, if at all.  

….also from Michael: The Symbolist in Chief

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Spending Adults Destroying Children’s Futures

 

Usually its children who rely on the older generation to take care of business. Now its upside down with adults spending wildly, confident that the younger generation coming along will have no problem finding a way to pay for it all. When the music stops, make no mistake its our children who are going to have to clean up the mess….assuming that they can. 

….also from Michael: You, Your Investments & Isaac Newton’s 3rd Law

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Toronto Home Prices Plunge as Buyers Retreat

Victor Adairs says it’s an interesting combination: The major US stock indices keep making new All Time Highs, the USD has fallen ~11% since December with bearish sentiment at an extreme, credit quality spreads are narrow and volatility is extremely low across asset classes. In other words, the markets look to be set up for “change.”

…also Hot Properties: Toronto Home Prices Plunge as Buyers Retreat

opportunityahead

Toronto Home Prices Plunge as Buyers Retreat

Ozzie Jurock on a huge misconception that some people have when they invest in real estate plus the latest Toronto numbers following their foreign buyers tax.

….also Mike’s Big Super Defensive Fat Idea

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Scouts Honour

This weeks Goofy winner is Donald Trump for his version of “telling the truth” about his speech to 40,000 Boy Scouts.

….also Michael’s Featured Guest: Ryan Irvine’s Latest Hot Stocks

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