Mike’s Saturday Editorial
For starters according to the most recent Commonwealth Fund ranking Canada’s 9th avoiding dead last in access to healthcare only because the US and France are ahead of us. The only area Canada is above average is in Healthcare spending. Another study finds Canada has the highest proportion of patients waiting over 4 weeks to see a specialist. Despite all this, 78% of Canadians express satisfaction with our healthcare system.
…also from Michael: Dow 22,000!
Good news for investors as the Dow Jones Industrial Average closed for the first time over 22,000. That’s up 20% since Donald Trumps election as confidence continues moving towards the private sector. TSE lags, minimum wage going through in Ontario while BC is setting is up its own commission on minimum wage.
….also from Michael: The Problem Isn’t Minimum Wage – It’s No Wages At All
The Big Tax Big Government apologists who want Canada to be more like Norway would have a fit if Canada began to derive the majority of its income from Drilling for Oil and Gas off the coast of BC like Norway does from its reserves in the North Sea. The same Norway that transports its oil through a vast network of undersea and land based pipelines.
…related from Michael: Home Run Growth: Where The Real Strength Lies
Its amazing that we are in the midst of a technological revolution that is going to kill, according to a recent studies, millions of jobs in Canada yet labour leaders, politicians and those setting the education agenda won’t even acknowlege the problem.
….related from Michael: I bet you didn’t see this problem with jobs
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You, Your Investments & Isaac Newton’s 3rd Law
Posted by Michael Campbell
on Saturday, 5 August 2017 17:43
01:07 – 07:12 – Issac Newton’s 3rd law states “For every action, there is an equal and opposite reaction”. We have seen this physical law govern the investing world when for example the dot-com bubble rose spectacularily in 4 years to its highs, then reversed and collapsed all the way back to its starting point three years later. Anticipating when a major trend is going to change is arguably the underlying factor determining profits and losses. Newtons 3rd law is also applicable to to society in general, and with the rise in societal extremism the only thing we can count on is that there will be an equal and opposite reaction. The question? How will that reaction manifest.
…..also Michael’s Mid-Week Update: Dow 22,0000!