Description: We have officially entered the largest wealth transfer period in history. Here are three key ways to prepare yourself for the Great Wealth Transfer and improve our financial position. Source: Entrepreneur.com Date: Sep 27, 2022 Link: https://www.entrepreneur.com/money-finance/3-ways-to-prepare-yourself-for-the-great-wealth-transfer/434715?utm_source=newsletter&utm_medium=email Questions for discussion: What does the report say about “the great wealth transfer” and how to prepare… Read more »
Posts Categorized: Governments & Regulators
Micron to spend up to $100 billion to build a computer chip factory in New York
Description: Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate New York, the state said on Tuesday. Source: CNBC.com – video report Date: Oct 04, 2022 Link: https://www.cnbc.com/2022/10/04/micron-to-spend-up-to-100-billion-to-build-new-york-chip-plant.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Why is this announcement so significant? What are the implications of this development… Read more »
How to survive the worst bear market of all time
Description: In Tom Wolfe’s famous essay about the 1970s, “The Me Decade,” he wrote about how Americans had abandoned communal thinking in favour of personal wealth. “They took their money and ran,” he wrote. In fact, there wasn’t much money to take. Source: Yahoo.Finance.com – video report Date: Sep 24, 2022 Link: https://finance.yahoo.com/news/how-to-survive-the-worst-bear-market-of-all-time-120034754.html Questions for… Read more »
How Banks Crowd Out Commercial Lending During Real Estate Booms
Description: Banks love housing booms because they offer attractive returns on investment. But they also get preoccupied with real estate during those boom times at the cost of lending to other parts of the economy, according to research by Wharton finance professor Itay Goldstein, Miami Business School finance professor Indraneel Chakraborty, and Virginia Tech professor Andrew MacKinlay. Source:… Read more »
LNG Canada CEO says case for doubling export capacity ‘very strong’
Description: Massive export terminal under construction in Kitimat B.C. on track for first deliveries by middle of decade Source: FinancialPost.com Date: Sep 29, 2022 Link: https://financialpost.com/commodities/energy/oil-gas/lng-canada-kitimat-export-liquefied-natural-gas Questions for discussion: What does the article say about the future of the industry? Do you agree with this analysis and projection for the future? What would you advise… Read more »
Mohammed El Erian on how policymakers can avoid stagflation
Description: When Federal Reserve officials called inflation ‘transitory’ (or temporary) in 2021, Mohamed El-Erian warned investors that the data didn’t back up their claims. Source: YahooFinance.com – video report Date: Sep 20, 2022 Link: https://finance.yahoo.com/news/mohammed-el-erian-policymakers-avoid-110000027.html Questions for discussion: Summarize the analysis presented by Mohamed El-Erian, his advice to governments and his predictions. Do you you agree with… Read more »
The loonie has fallen to its lowest level in almost two years — here’s why
Description: Loonie fell to near 75 cents US on Friday and analyst says it could go as low as 73 cents US soon Source: CBC.ca Date: Sep 16, 2022 Link: https://www.cbc.ca/news/business/canadian-dollar-1.6585291 Questions for discussion: Why is the Canadian dollar declining in terms of the US dollar but rising against other currencies? What should investors do… Read more »
Inflation is ‘nowhere near’ the Fed’s goal, strategist says
Description: New York Life Investments Economist and Portfolio Strategist Lauren Goodwin joins Yahoo Finance Live to discuss the August CPI report, inflation, the likeliness of a 75-basis-point rate hike, volatility, and the expectations for the Fed’s upcoming FOMC meeting. Source: YahooFinance.com – video report Date: Sep 14, 2022 Link: https://finance.yahoo.com/video/inflation-nowhere-near-fed-goal-140441438.html?.tsrc=fin-srch Questions for discussion: Summarize the… Read more »
Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit
Description: After that CPI shock earlier in the week, Wall Street is fielding a fresh batch of data on Thursday, with the headline retail sales number coming in stronger than expected. And a disastrous rail strike may be inverted. Source: MarketWatch.com Date: Sep 06, 2022 Link: https://www.marketwatch.com/story/ray-dalio-says-watch-out-for-rates-hitting-this-level-because-wall-street-stocks-will-take-a-20-hit-11663239288?siteid=yhoof2 Questions for discussion: What is the basis for… Read more »
David Rosenberg: A Canadian recession is ‘all but set in stone’
Description: As the COVID-19 pandemic ramped up in early 2020, leading to widespread lockdowns and a plunge in economic activity, the Canadian government, like virtually all its peers, flooded households with extra cash to supplement cascading income. As a result, even though employee compensation fell 9.2 per cent, a whopping 30.5 per cent surge in… Read more »
