Mike's Daily Comment
Michael declares if he is Bullish or Bearish the Markets after the Global Stock Market smashup. Also, its impact on the Economy, Jobs and pensions….
Spending and the Economy – The historical evidence is conclusive. When you cut tax rates, employment always goes up says Nobel Prize Winning Ecomomist John Prescott. Even the NDP…..
Declining Commodities & The Federal Election – Governments in Canada have been getting about 26 Billion from the resource industry, 18 Billion from Oil alone. The smashup in the commodity markets, the Stock Market in the last few days should change the Federal Election. Here’s why…..
Watching the market plunges – Michael’s up to the minute thoughts on the 8% drop in China and the 3rd consecutive day of declining North American markets, includng the 1000 drop at the open.





Creating a Debt Crisis – The fear at Central Banks they’ve lost control is behind the Stock Market crashes. Frightened that deflation and falling commodity prices are the trigger for the next leg of the debt crisis. Raising taxes is deflationary, yet in the Canadian Election promises are being made…..