Tuesday, January 5, 2021

Forever Blowing Bubbles: Yes the Markets Are in Dangerous Territory and David Rosenberg Makes it Plain as Day For You

 https://financialpost.com/investing/investing-pro/david-rosenberg-behold-the-most-speculative-and-momentum-driven-market-on-record

"...It is difficult to believe we could have experienced such human misery and see the Nasdaq soar 44 per cent in 2020 and the S&P 500 by 16 per cent.

The Nasdaq has now enjoyed a 94-per-cent two-year surge, something that last happened in 1998-99. Take that for what it’s worth, but do remember that 2000 ushered in a completely different environment altogether and the same commentary then is in vogue today, which includes all the reasons why we are in a new era and stock prices can never go down.

As was the case then, memories are very short. This is the most speculative and momentum-driven market on record. Tesla Inc. rose 743 per cent in 2020. Bitcoin soared 305 per cent. More than 200 special-purpose acquisitions companies (SPACs) raised more than US$80 billion. This is pure speculation

Lunacy of the Day: Bill C-231 and Restrictions on How CPP is Supposed to Pay for Canadian Pensions

 Your friendly neighbourhood NDP

https://financialpost.com/diane-francis/diane-francis-re-politicizing-cpp-would-be-a-disaster

"...The bill would prevent CPP from investing in Canada’s largest exporting industry, as well as in the 10 biggest companies on the Toronto Stock Exchange, he added. “The NDP considers (corporate) profits unethical.… Excluding profitable companies from the pension plan’s portfolio guarantees the impoverishment of Canada’s pensioners.”..."

A Recovery Benefit or Vacation Pay? Paid Recipients Abke to Leave Canada

 https://nationalpost.com/news/canada/feds-weigh-cutting-covid19-benefit-for-travellers-as-canada-surpasses-600000-cases

Up until now, it appears Canada was giving vacation pay to some 


"...The Canada Recovery sickness benefit was launched in the fall to help Canadians who are unable to work because they must quarantine during the pandemic. It pays $500 per week to a maximum of two weeks.

But Employment Minister Carla Qualtrough said the government is “actively looking at all options” in the face of questions over whether Canadians who have travelled abroad should be allowed to collect the money..."

Monday, January 4, 2021

Brookfield Property Partners (BPY-U:TSX): Timing of Announcement and Last Month's Downward Trading Trend Too Fishy

 As Brookfield Asset Management (BAM:TSX) is now ready to pull the trigger after Brookfield Property Partners has already hit its pandemic peak of $21.70 at the end of March, yet steadily decreased over the last month.  Then, COINCIDENTALLY the BAM announcement of taking BAM private.  US$2.00 of premium missing. 

Head shaking emoji.  

@Brookfield_BPY

@Brookfield_Prop



More Lottery Based Systems for Canadian Immigration of Highly Skilled Workers? No....40,000 Grandparents and Parents

 https://www.cicnews.com/2021/01/canada-immigration-a-preview-of-2021-0116663.html#gs.p50gzc

".. IRCC has confirmed that the Parents and Grandparents Program (PGP) lottery for the 2020 intake will occur in early 2021, most likely this month. Up to 10,000 applicants will be invited to submit sponsorship applications to bring their parents and grandparents to Canada. Sometime later this year, IRCC will open the 2021 PGP intake window, and will hold another lottery to invite up to 30,000 applicants to sponsor their parents and grandparents...."

@CitImmCanada 

Sunday, January 3, 2021

A Year Later and Still No Answers Breach of Security at Winnipeg Lab

https://www.cbc.ca/player/play/1750217795564/

Is Rock Music Dead? Ask The Biggest Icons About It

 KISS continues to soldier in the world of rick with a recipe that has stood the tests of time. However, they are a shrinking breed

https://loudwire.com/kiss-world-record-pyro-gene-simmons-rock-is-dead/

"...For Simmons, one big difference he harped on was the ability of an artist to write their own songs and play their own instruments. "You know, the modern artists rely so much on technology. You may not be able to recognize the artist if they record themselves singing in the shower. You’d be shocked," explained the KISS icon, "And none of the rappers play instruments. Don’t write songs. They write words. But chords, melodies, harmonies and stuff. It doesn’t mean that rap isn’t important. It’s very important. But it ain’t the Beatles."..."