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Monthly Archives: November 2018
Delirious assets getting much-deserved drubbing
As cryptocurrencies continue to tank, this cycle’s most deliriously valued ‘FAANG” stocks also took another big whack today, as shown here courtesy of CNBC. Not surprisingly, as shown below, these much-loved and widely owned names have, so far, fallen more … Continue reading
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Another week begins
A great perk of early morning work is seeing the sunrise from our window. You would almost think all was well in Canada this morning. Unfortunately, Canada’s susceptibility to economic pain and debt crisis are surely higher today than at any … Continue reading
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Global slowdown hitting vulnerable Canadian economy
As Canadian crude fathoms a record low this week (chart below), we have news today that Canadian home sales fell further in October. Heavily indebted and unprepared, the global downturn is coming at a particularly vulnerable time for Canada. Even … Continue reading
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