Juggling Dynamite

The things that are ailing our planet and our health meet in the food we grow and consume; so do the solutions.  This discussion is a valuable update on all the latest science and developments. Well worth the time invested.  Here is a direct video link.

Rich Roll talks with Good Food Institute founder & president Bruce Friedrich about the advent of plant-based & cultivated meat, modernizing agriculture, the dangers of antibiotic resistance and more.  

To read more about Bruce and peruse the full show notes, go here👉🏾http://bit.ly/richroll617 ✌🏼🌱 – Rich. 

Canada’s economy unexpectedly shrank 0.3% in the second quarter for an annualized contraction of 1.1% versus the consensus forecast of a 2.5% gain.  Declines in home resale activities and exports were the largest negatives.  Homeownership transfer fees shrank 17.7%.  Constraints in the auto sector led to a 4% decrease in exports.

Business inventories, government expenditure, capital investment in machinery and equipment, new home construction and renovation were all higher on the quarter.

As we anticipated, the loonie is lower and Canada Treasury prices are higher on the news.  Slowing activity in Canada’s ridiculously priced housing sector is much overdue; it is also disinflationary.  If the downturn in activity translates to falling prices–and it should–the effects will be full-out deflationary.  This will be a big negative for households and an economy precariously concentrated on highly levered home prices.

These obvious admissions are ridiculously overdue, but public comments by the new Securities Exchange Commission (SEC) Chair Gary Gensler offer a glimmer of regulatory hope.

Gensler admitted this week that payment for order flow — the back-end payment brokerages receive for directing clients’ trades to market makers — has “an inherent conflict of interest”  and that banning the controversial practice is “on the table.”

Shares of the ironically named customer-abusing-trading platform Robinhood tumbled on the news. Still, the implications are far-reaching:  most major brokerages now collect billions selling their customer orders to predatory trading firms.

The Securities and Exchange Commission also said Friday it is stepping up its inquiry into so-called gamification and behavioral prompts used by online brokerages and investment advisors to prod people to trade more stocks and other securities, adding:

“investors can be misled by rosy projections of profit by technologies that, in reality, understate the risk of a particular investment or the odds of eye-popping returns”.

Do ya think??