Shocking Stat

Quote & Shocking Stat of the Week

Quote of the Week
Two former central bankers warn that history shows that the Fed Reserve and Bank of Canada can’t just turn inflation on and off.

Shocking Stat of the Week
Lots of talk about transitioning to renewables and EVs but not much about the astounding cost. Sit down when you hear this.

Mike’s Comment – Oct 23rd

I know we shouldn’t say it but it’s deja vu all over again with COP26 ready to go in Glasgow – lots of agreements but no practical plans.

Oct 23rd Episode of MoneyTalks

Get the poison pens ready for Mike’s editorial on COP26. Kyle Green on mortgage moves as rates rise. Keystone’s Aaron Dunn recommends 3 stocks. Note: his top recommendation from his last appearance in Feb is up 51%. Plus two central bankers on why you should be worried about inflation, and the ugliest secret in Canadian business in the Goofy.

Coming Up on Tomorrow’s Show

We’re diving into the implications of interest rate hikes – to your mortgage, your portfolio and the economy. One report from Scotiabank projects EIGHT hikes in the next two years. Plus some ideas for income and dividend stocks from Aaron Dunn – also likely to be impacted by rising rates. A Goofy, a wild Shocking Stat and much more. All starting right here at 8:30am pacific Saturday Oct 23rd.

Quote of the Week & Goofy Award

Quote of the Week
Let’s all pretend there are no consequences to the moves governments make. Hint: better no look at energy prices.

Goofy
Their act never gets old as 25,000 get set to descend on Glasgow for the latest climate fest but few people see what’s coming next.