Juggling Dynamite

Bloomberg visits a cluster of aquapods off the Pacific coast of Mexico, where the future of ocean farming may rest inside steel cages. Here is a direct link.

Intense global mining investment was a huge boom to commodity based economies and currencies leading up to 2011. But now a glut of world supply and weakening global demand have turned the tables.

As the now typical late day HFT price ramp kicks in at 3:45 pm, I thought this visual update on the Canadian stock market was illuminating: 7 years of heart-stopping volatility with zero capital gains. Secular bears are quite a ride. In the end as always, the price we pay (whether we opt to buy and hold with the optimists at cycle highs or sell and buy near cycle lows with disciplined realists) defines everything about whether capital is gained or lost over each full market cycle.

Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.