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Protecting the environment was easier when we were richer. Providing opportunities to marginalized people was easier when there were more jobs. Holding our politicians and officials accountable was easier when they did less ruling by decree.

~ William Robson, CEO, CD Howe Institute

The Billion-Dollar New York City Exodus

During the Spanish flu of the early 20th century, people were fleeing big cities trying to escape the virus, just as the wealthy of London did during the 16th-century plague … and just the wealthy of New York City in 2020’s COVID-19 pandemic.  They fled the city and headed to the suburbs, or even more rural areas, with New York Governor Andrew Cuomo warning about the city’s density when it first went into lockdown in March. “There is a density level in NYC that is destructive. It has to stop and it has to stop now. NYC must develop an immediate plan to reduce density,” Cuomo Tweeted.

Similar to many end-of-the-world movies, the pandemic has caused a large number of urban residents to move out of the cities to rural areas or the suburbs…CLICK for complete article

Will “Santa Claus” Visit “Broad & Wall”

As we start moving into the last two weeks of the trading year, investors everywhere are hopeful that “Santa Claus” will visit “Broad & Wall.” 

The actual Wall Street saying is that “If Santa Claus should fail to call, bears may come to Broad & Wall.” The Santa Claus Rally, also known as the December effect, is a term for more frequent than average stock market gains as the year winds down. However, as is always the case with data, average returns are sometimes different than reality.

Stock Trader’s Almanac explored why end-of-year trading has a directional tendency. The Santa Claus indicator is pretty simple. It looks at market performance over a seven day trading period – the last five trading days of the current trading year and the first two trading days of the New Year. The stats are compelling.

As I said, while it is a very high probability that stock prices will climb, there is a not-so-insignificant 24% chance they won’t. Such is why we want to analyze the technical backdrop to minimize the risk of “getting a lump of coal.”

However, let’s first analyze the “Santa Claus Rally.” CLICK for complete article

Ikea catalogue
 
1951 – 285 copies
2016 – 2.3 million copies
2021 – 0 (print catalogue cancelled)

Can 5G Work for Me?

Many projects and ideas have been thrown off schedule with the Covid-19 pandemic, but progress is being made on implementing the latest cellular phone network – the fifth generation, euphemistically known as 5G. As well as the global pandemic, there are other concerns of a geo-political nature to be addressed, such as which countries will allow and trust Huawei equipment on the front end, or anywhere else in their 5G infrastructure. Everyone wants to have their data SECURE and kept out of foreign government hands, but allegations…Click for full article.

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