Canada – the Reality from a Canadian
COMMENT: By almost any metric, Canada is worse off than it was 10 years ago when the Liberals took power. Canadians are poorer. Public services have deteriorated. People are dying [...]
Tax Reform & the Dow
Trump’s tax reform to cut the corporate income tax rate from 35% to 20% will be a huge boost for the economy and place tremendous pressure on the rest of the world. But already we have Republicans playing games for personal careers. They want to postpone the cut for corporations until 2019 AFTER, of course, the 2018 mid-term elections. As always, they are afraid that the Democrats will point to the rich and regain seats.
The longer they delay, the greater the economic decline. This may be the fundamental behind our model which targeted November for a temporary high. Nonetheless, our Energy Models have peaked on the Daily level suggesting that we are still not really in a serious overbought position. That implies a correction is possible, but not a major crash and change in long-term trend.
Latest Posts
The Threat of Splitting Canada Rising to DEFCON 3
COMMENT: Martin, Had to laugh here’s a comment about Janice Stein and Mark Carney. As my father in law always said, “in the valley of the blind the one eyed man [...]
DAVOS & Left are not known for their Intelligence
COMMENT: Nigel Farage said that your WEC events were the “alternative to Davos,” but you also don’t gouge people as Schwab does. He charges between 500,000 and 700,000 CHF to [...]
Coup at the World Economic Forum
World Economic Forum founder Klaus Schwab is under an internal investigation by the organization he created. There is no question that it has been alleged that the WEF got money [...]
