Monthly Archives: July 2011

DEBT CRISIS? It’s a RED HERRING!

The U.S. debt crisis? Yes, it’s a red herring. Today Obama went on television to calm America and was no doubt hoping to convince financial markets to relax. He said there will be a compromise…and meant it. What he didn’t … Continue reading

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Gold & the gold stocks – the Great Divide!

I heard an analyst on a business talk show say that the price of gold (just north of $1600) is not being reflected in the prices of gold stocks.  No kidding!  He figures the stocks are being priced as if … Continue reading

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US stocks show promise; Canada not so much!

Once (or perhaps I should say “if”) the political bickering about the U.S. deficit is resolved, it should take very little time for the stock market south of the 49th to rally. Fundamentally, things are looking pretty good. As you … Continue reading

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Networking – when were your Glory Days?

Social and professional networking has very few hard and fast ‘rules’ but there are a few odd behavioural patterns that have emerged.  Did you ever notice that in an elevator people will move around to maximize the distance between one … Continue reading

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China, Commodities, Oil – buy when bad is bad and good is bad!

From Bloomberg: “A Chinese leading indicator climbed for the third straight month, adding to evidence that the world’s second-biggest economy is withstanding Europe’s debt crisis and faltering growth in the U.S.” As crazy as it seems, lately no matter what … Continue reading

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Markets, jobs – wild ride in ‘momentum’ economy!

Let’s talk about momentum in markets first, and then get into the philosophy of ‘growth’ for growth’s sake and it’s impact on the job markets and on the economy. If we look at what’s driving stocks right now, it’s all … Continue reading

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Debt rating agencies – worse than short sellers for corrupting markets!

Experience teaches you that dramatic initiatives to remedy errors (reactive) occur long after they can have any effect. Also one learns that the enthusiasm to impose remedies causes massive inefficiencies. The problem is that the imposition of new ‘preventative’ measures … Continue reading

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