The Fed Quietly Tapers as Markets Soar

The Federal Reserve is doing it again. The world’s most powerful financial institution has won the confidence game, taken the markets to within striking distance of all-time highs, and is dramatically declining its daily Treasury purchases. Stanley Druckenmiller told CNBC on Monday that recent market performance has “humbled” him and “that he underestimated the power […]

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Ready for the 4th Industrial Revolution?

There is no going back. Like the diseases that came before it, COVID-19 is accelerating global socioeconomic change. The change we are witnessing will usher in the 4th Industrial Revolution. The version of capitalism we knew four months ago (pre-pandemic) has evolved rapidly. It is now placing more emphasis on “biosafety,” software, and it appears […]

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COVID-19 Could Change Canadian SME Financing

small business owner working

COVID-19 could permanently alter how Canadian SMEs (small and medium-sized enterprises) get financing. RBC CEO David McKay stated in an interview with BNN Bloomberg, “It [future COVID-19 business loans] would have to come in a forgivable form, the way it came in did in the [Canada Emergency Business Account], for [businesses] to be interested.” McKay […]

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How This Federal Reserve Economist Saw a Modern Pandemic Playing Out

U.S. Federal Reserve

Back in 2007, Thomas Garrett, Assistant Vice President and Economist for the Federal Reserve Bank of St. Louis, published a report titled, Economic Effects of the 1918 Influenza Pandemic: Implications for a Modern-day Pandemic. In it, he explores historical data as well as a variety of papers regarding the Spanish Flu to determine the potential […]

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COVID-19 Casts Spotlight on Mental Health Technology

model of 3D brain technology

COVID-19 is taking its toll on global mental health, and it could spark renewed interest in innovative mental health technologies. According to a recent survey conducted by the Angus Reid Institute, “. . .half of Canadians say their mental health has gotten worse during the COVID-19 pandemic, with 10 per cent reporting it has deteriorated […]

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Covid-19 Economic Recovery Will Not Go as Planned

We hate to be the bearer of bad news, but there is no ‘V-shaped’ economic recovery coming. Not in the U.S., and especially not in Canada. Last week, Canadian Prime Minister Trudeau stated, “. . .We’re facing a unique challenge. But I know that if we pull together, our economy will come roaring back after […]

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Member ‘Brent Cranwell’ Leads in April 2020 Stock Challenge

Week 1 of the April 2020 Stock Challenge

The April 2020 Stock Challenge has begun, and so far it’s off to a much better start than March; 122 of 219 Stock Challengers are currently in the green as opposed to 15 by last month’s end! Member ‘Brent Cranwill,’ who doubled down on Sona Nanotech Tech Inc. this month, is currently leading in first […]

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Premiums on Silver Eagles Jump Almost $8 | Selling for $21.86 per Ounce

silver eagles are flying off the shelves at record premiums

Just an hour ago I was quoted $21.86 to buy one ounce Silver Eagle coins – a near $8 premium! People are scrambling to buy what gold and silver is available as central banks unleash trillions in new currency to stave off a depression. Max Keiser and Stacy Herbert are back to discuss the end […]

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Governments “deliberately pushing the world economy down”

mervyn king says what central bankers must do

Former Bank of England Governor, Mervyn King, believes what happens next will depend on people’s behavior. The ongoing Covid-19 crisis has brought forth uncertain, volatile times. The Dow soared more than 10% – its biggest single-day gain since 1933. For a market that is falling faster than it did during the 1929 crash, it was […]

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Why the Fed Can’t Stop Covid-19 & Economic Fallout

federal debt is about to explode

As soon as I saw the ticker tape, I knew it wouldn’t last. Dow and other U.S. index futures were down 5% Sunday, before yet another emergency Fed meeting. While the intial headlines reversed sentiment and saw exchanges up 1-2% before the open, the relief rally failed. All indices are now in the red, down […]

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