We must resist short-term focus and pressure to borrow more debt and waste more cash developing antiquated energy sources, and instead double down on developing longer-term prosperity and health with our vast sustainable resources. See Forget Trans Mountain, here’s the sustainable way forward for Canada’s energy sector: As of 2015, two-thirds of Canada’s power generation was…
As you know, I don’t trade cryptos, but I find the charts of the big ones fascinating. Having risen about 30% since its last recent low, Bitcoin is at a bit of a “moment of truth”, since it is up against a key trendline, anchored to its nearly $20,000 high.
Inflationary fears are growing and US rates continue to rise Employment has become more flexible since the crisis of 2008/2009 Commodity prices have risen but from multi-year lows During the next recession job losses will rapidly temper inflationary pressures Given the official policy response to the Great Financial Recession – a mixture of central bank…
As we have showed repeatedly over the past month, the European economic imploding, and nowhere is this more obvious than the Citi Eurozone Economic Surprise Index why will soon hit its post financial crisis lows. It appears that after weeks of dithering, someone at the ECB also figured out how to pull up this chart…
Short-term EUR/USD Elliott Wave view suggests that the pair remains in a sideways triangle range between 1.2554 and 1.2153 levels as mentioned in the previous post here. Until we break out of the range, we look for the sideways price action to continue. Triangle doesn’t have any particular trend, but it is generally a continuation pattern,…
EUROPEAN CENTRAL BANK (ECB), BANK OF JAPAN (BOJ) HIGHLIGHT NEXT WEEK’S CALENDAR It’s been an interesting week across global markets, as earlier-week breakouts in both the British Pound and US equities were unable to hold, and we’ve already seen reversals to varying degrees in each of those markets. Last night’s Japanese inflation came-in at 1.1%, cooling from the…
Tanger realty is a bit over its 52-week lows, but we think there is still plenty of value in this dividend champion. Yes, we know mall REITs are struggling. Yes, there is a shift towards more online competition. Yes, rates have played havoc in REITs in general. However, SKT has done a substantial amount of…
Politics and geopolitical issues continued to dominate the market. In Washington the turmoil in the Trump administration continued. A number of Republicans sent a letter to the FBI and Justice department asking for the memos written by James Comey. They threatened to impeach the new FBI director, Christopher Wray and the Deputy Attorney General, Rod…
Politics and geopolitical issues continued to dominate the market. In Washington the turmoil in the Trump administration continued. A number of Republicans sent a letter to the FBI and Justice department asking for the memos written by James Comey. They threatened to impeach the new FBI director, Christopher Wray and the Deputy Attorney General, Rod…
One of the more common responses to the fact that inflation is low is the idea that the inflation is all in asset prices. So, for instance, if someone were to say that all the Fed’s post-crisis stimulus didn’t result in inflation you might look at stock prices and argue that the price increases all…
