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 [...]
US Share Market Meltdown?
Everything is still on track for a pullback. The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after the Federal Reserve announced its fourth widely-anticipated rate hike of the year. Interestingly, despite the fact that the rate hike was expected, the Fed’s revised outlook for a cooler economy stoked overall fears about a slowdown coming 2019-2020. There are also concerns over the government shutdown threatened by President Trump and the continuing trade tensions with China worried investors. Of course, none of these issues are really long-term bearish factors. Our model has been pointing to a correction given the NASDAQ peaked in August, S&P500 in September, and the Dow in October showing a great disparity between domestic retail v professional investors against international. The market has still not breached important support levels.
We will provide a PRIVATE BLOG update for the morning
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 [...]
