Mike's Daily Comment
I appreciate our politicians and most of the media don’t “do” economics but debt’s up $500 billion in 2 years – competitiveness ranking is down – capital investment at generational lows.
Guest host Victor Adair talks to Alan Oslie a long time realtor who explains what $1 million dollars buys on Vancouver Island, Josef Schachter discusses why he’s keenly focused on the shifting energy supply/demand picture. Featured guest Kevin Muir, from The Macrotourist modestly says that the only thing he brings to the party is 25 years of mistakes, hear what he’s learned from all those mistakes, plus Ozzie on why he’s concerned about under-reported and persistent inflation as the key driver on markets everywhere. And lastly Drew Zimmerman on a gold exploration company with one of the largest single land packages in Idaho.
Long passionate about markets, Kevin grew up in a household where his father was an equity research director. Being exposed to market talk as long as he can remember, Kevin’s true love was always macro. In fact, his first trade was in the US dollar index which promptly went limit-locked against him.
Not deterred, Kevin persevered and got a job on institutional equity desk for a big Canadian bank in the 1990s. Kevin moved into a proprietary group where he was in a charge of the equity derivatives book. Kevin had a ringside seat for the madness of the DotCom bubble, but in 2000, with a new young family, and the desire to no longer work for a bank, Kevin set off on his own. For the next 17 years, Kevin would trade his own account with another former co-worker, and a full-time computer programmer student they hired. Since then, Kevin has joined a well-establish prop group.
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With the election being called this Sunday Jagmeet Singh has already announced his platform and it’s largely aimed at taxing the rich.
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Inside Edge Pro Contributors
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Victor Adair
It’s THE Key Question in Evaluating Various Party Platforms
Posted by Michael Campbell
on Tuesday, 17 August 2021 6:43
And it relates to a question that I’ve never had an even remotely satisfactory answer to – even from the anti-capitalists – who can see Cuba and Venezuela for details.