To listen please click here The Politically Correct, who dominate the media, thought he could never win, and were gobsmacked—which quickly morphed into sustained rage at Trump. Investors, who relied mainly on the media, were also gobsmacked—which quickly morphed to sustained excitement about what Trump would do to promote growth and after-tax profits—and sent US […]
To listen please click here Last week, I warned our followers that this election could lead to market-painful results and suggested above-normal exposure to cash and Gold. By Tuesday, I was ready to watch the election returns with real interest because I had convinced myself that Mr. Trump really was a better choice than Mrs. […]
Don comments on the US Presidential election results.
To listen please click here For many months, the growing wish for a growing percentage of the American electorate is not for the triumph of one of the Presidential candidates, but that this increasingly loathsome election morphs into memory. The majority opinion is an update of Mercutio’s curse: “A plague on both your houses.” More […]
Special to The Globe and Mail There is one over-arching reason why you should not be rushing from stocks into cash: too many experts who have been too bullish for too long have finally awakened to the problems of the American, European, Chinese, Japanese and Canadian economies at a time stock markets have been acting […]
Geopolitical tensions are likely to drive prices higher We have been advising clients since October 2014 to heavily underweight oil stocks, and, in particular, to avoid shares of oil producers. At that point, crude oil prices were in the $90 (U.S.) per barrel range. We stayed with that “avoid” advice until last month, when we […]
Click here to read this article on the Globe and Mail website…
Since the 2008 crash forced central bankers to put the global economy on life support, the supply of publicly traded debt has been increasing, bond yields have been declining and supplies have been soaring. Worried about stocks? Maybe you should be worrying about bonds. Click here to read this article on the Globe and Mail […]
The 42-per-cent collapse in crude oil prices since June has been a huge blow to Canadian equity prices, and has sent the loonie diving 7 per cent at a time the Canadian economy is widely admired and strong, compared with most economies in the industrial world. What hit the TSX and the Canadian economy so […]
Why have oil prices plummeted at a time actual crude oil is only modestly in over-supply and, apart from the Eurozone, most major economies are no weaker now than last year.
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