Mike’s Midweek Comment
With economic and financial events around the world remaining fluid, the Federal Reserve just signaled a rate increase in June. Markets are nervousness as everyone wonders whether the Fed will actually go through with it this time. Will Canada follow?
Speaking of pensions, the Trudeau Government has come up with one of the worst investment ideas – Run Screaming From This Pension Idea
It’s one of the most persistent economic fallacies of our day. Why it isn’t good for the economy when Billions will be spent in Ft. McMurray getting back to square one?
More from Mike: The Stupidity Around the Ft. McMurray Wildfires
A recent poll indicates that nobody is interested in the economy anymore. You have to scratch your head when you hear what they are interested in.
(“It’s The Economy Stupid” is a quotation from Bill Clinton’s 1992 Presidential campaign)
Be sure to listen to Mike’s quote of the week HERE
After the devastating impact of the decline in Oil, there are demands in Alberta that the Government needs to diversify the economy. Mike explains why that’s silly.
…related: Mike’s Shocking Stat takes on Iranian Oil Production
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One of the worst investment ideas is about to be made with your money invested in Government Pension plans. According to the Trudeau Government they are going to invest in….
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