Mike’s Midweek Comment
Mid-Week Update – A lot of things have changed since the CDN Liberals took office. Tonight the key issues and the likely effects on the budget from our Southern neighbor. Will the US raise their interest rates? If it does, and if they cut taxes…..what happens to Canada…..
….related from Michael: Gov’t About To Trip Over It’s Innovation Shoelaces
Bad economic policy by governments is seldom noticed by anyone until the negative effects mature and its too late to do anything about it.
….also from Michael: Hope This Doesn’t Happen
Raising taxes has never been a way to encourage economic growth yet governments from municipal to federal constantly raise taxes. This new proposed tax hike is over the top
…also from Michael: The Gross Shocking Stat of the Year
Interest rates in the US are a record higher levels than other countries. Victor on the expectations for Fed action, and the various markets reactions should the Fed make its move
….also from Michael: Different Opinion Exclusion Zones
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Gov’t About To Trip Over It’s Innovation Shoelaces
Posted by Michael Campbell
on Wednesday, 8 March 2017 15:41
Governments love to claim they are deeply involved in triggering innovation, meanwhile they are thinking of raising taxes on capital gains. A great disincentive for inspiring innovation. Perhaps the innovation czar figures they’ll will take the money collected in the new tax and open more government innovation offices countrywide.
….also Live From The Trading Desk: The Sharp Increase in Expectations