Mike’s Midweek Comment
This jam-packed mid-week update covers the economy and markets likely future response to both Presidential candidates with the highest disapproval ratings on record. Establishment Hillary, anti-establishment Trump, free trade, the Federal Reserve, interest rates, Deutsche Bank troubles, declining confidence in government and forthcoming volatility.
The Enhanced Money Grab – A study concludes that the new mandatory increase in pension plan contributions won’t help more than 5% of CPP recipients.
Finance Minister Bill Morneau announced that growth will be at half mast & deficits right up and off the pole. They didn’t see the 2008 credit crisis or the huge drop in Oil prices that Money Talks analysts correctly forecast. What’s dangerous is what they clearly continue to miss.
….also Michael’s guest: Make The Game-Changing Tech World Pay
If 1% on your investments won’t cut it, portfolio manage Brent Woyak has a big fat idea for yield and growth suitable for conservative investors.
Michael on the: Artful Deception In Canada’s Deficit
This week’s goofy, the United Nations has another mind blowing, bad news appointment for women. More surprising is that people still take the UN seriously. Plus bonus, ahem….the “bottom” line on a Canadian Mint employee’s method of stealing a huge amount of gold.
The Enhanced Money Grab
Posted by Michael Campbell
on Wednesday, 28 September 2016 14:02
A study concludes that the new mandatory increase in pension plan contributions won’t help more than 5% of CPP recipients. Meanwhile taxpayers are getting soaked for the MP’s pension plan at a staggering rate.
Check out Michael’s Big Fat Idea: Long Term Growth & Income Alert