Mike’s Midweek Comment
Mid-Week Update: The stock market shakes off North Korean uncertaintly & hits new highs this week, so do markets that refuse to go down want to go up? Tesla in the news bringing focus onto electric cars and the future of Oil & Gas. Geopolitical uncertainty triggers movements in the US Dollar & Gold.
….also from Michael: You, Your Investments & Isaac Newton’s 3rd Law

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

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

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





“Drop In The Bucket” Spending
Posted by Michael Campbell
on Wednesday, 9 August 2017 14:40
Lets at least get the facts straight on how much government spending projects really cost. Take for example the recent 35 million dollar “diversity gardens” announcement…..
….related from Michael: Spending Adults Destroying Children’s Futures