Showing posts with label @bloomberg. Show all posts
Showing posts with label @bloomberg. Show all posts

Wednesday, March 20, 2019

Surprise, Surprise! A Federal Budget For Everyone! Spend, Spend, Spend! More Debt, More Debt, More Debt!

More taxes to come down the road to pay for all of this.  It makes striving to be a teacher or a governemnt worker looking like the only way to "get ahead" in Trudeau terminology with a decent pension at the end of the day rathter being in the private sector and being taxed to pay for Canada's largest employer - Canadian Government.

https://www.bloomberg.com/news/articles/2019-03-19/trudeau-spends-budget-windfall-on-laundry-list-for-voters?srnd=premium-canada

https://business.financialpost.com/news/economy/liberals-leave-themselves-little-wiggle-room-in-the-event-of-a-recession?video_autoplay=true

https://business.financialpost.com/news/economy/this-years-federal-budget-is-built-for-voters-not-business?video_autoplay=true

https://business.financialpost.com/opinion/another-sprawling-unfocused-budget-and-so-little-to-show-for-all-the-red-ink?video_autoplay=true

https://business.financialpost.com/transportation/autos/federal-budget-2019-electric-car-buyers-get-boost-with-5000-incentive-for-consumers-and-tax-write-offs-for-business

https://nationalpost.com/opinion/chris-selley-a-federal-budget-2019-from-a-government-that-has-abandoned-its-poetic-phase?video_autoplay=true

https://nationalpost.com/opinion/andrew-coyne-this-budget-is-a-testament-to-the-pleasures-of-endless-growth-federal-budget-2019?video_autoplay=true

https://nationalpost.com/news/politics/federal-budget-2019-everything-you-need-to-know?video_autoplay=true

https://nationalpost.com/news/politics/jobs-for-dogs-safe-space-regulatory-sandboxes-and-other-curiosities-from-the-2019-federal-budget?video_autoplay=true

https://nationalpost.com/news/politics/liberals-promise-billions-for-dairy-chicken-farmers-affected-by-trade-deals?video_autoplay=true

https://nationalpost.com/news/canada/federal-budget-2019-offers-first-time-home-buyers-a-break-with-1-25-billion-in-mortgage-relief?video_autoplay=true

Saturday, August 4, 2018

Apple Apple Apple...Let's Not Forget What It Really Means in the Dow Jones (Biased) Index

With every news reporter thinking that the recent recent run up to $1.0 Trillion market capitalization for Apple is going to have an impact or is going to be the bellweather for markets, and trying to look smart my making broader market predictions, this (see below) needs to be held in front of their faces.  Boeing (9.4%), at almost twice the weighting in the Dow Jones Industrial Average index, has more of an impact than Apple.  Followed by United Health Group and (of course) Goldman Sachs.

Traders "wanted" to take Apple to US$1.0 Trillion out of spite and drove it up accordingly.  Now we will see if this valuation is real. 

(I think it is a short)