Timing & trends

The Skeptical Investor – September Update

Posted by Mark Jasayko

on Friday, 30 August 2013 19:03

Produced by McIver Wealth Management Consulting Group

Mark Jasayko, CFA,MBA, Portfolio Manager with McIver Wealth Management of Richardson GMP in Vancouver.

www.McIverWealth.com

Q3 profits slide.

Strength on the capital markets helped most of the country’s biggest banks report improved third-quarter results, but combined profits at the top five banks slipped to $7.63 billion.

A year ago, Canada’s big banks — Royal Bank, TD Bank, Scotiabank, CIBC and Bank of Montreal combined to earn $7.8 billion in the same period.

The decline was due to lower third-quarter earnings at Scotiabank and TD Bank.

We cannot preserve our own liberty by destroying someone else’s

Posted by Andrew Ruhland, Integrated Wealth Management

on Thursday, 29 August 2013 21:39

Ruhland Andrew - compressed tie horzI am not a pacifist, as I believe there are certain situations (like true self-defense) when violence is necessary. But if war were truly the solution to the problems they are supposed to solve, would not the hundred and hundreds of previous wars have already solved all these problems?

Unfortunately, wars do serve to distract the population from its own domestic problems, employs some of the youth temporarily, and creates profits for those who build the weapons, rebuild what the weapons have needlessly destroyed, and of course those who help finance the whole escapade.

We cannot preserve our own liberty by destroying someone else’s.

http://www.zerohedge.com/news/2013-08-29/us-finally-admits-what-ron-paul-said-nobody-knows-who-launched-chemical-attack

http://dailybail.com/home/the-essence-of-banking.html

Grandich on the markets

Posted by Peter Grandich

on Tuesday, 27 August 2013 21:24

Grandich and OGrady

Hugh Hendry Closes Yen Short, Says Emerging Markets Show Cracks

Posted by ValueWalk

on Monday, 26 August 2013 16:19

hugh-hendryFamous China bear, Hugh Hendry is out with his commentary for July. The hedge fund managed by Hugh Hendry had another rough month, but Hendry thinks many emerging market countries have further troubles ahead, and he still is short certain countries. Below is the full commentary for hendry’s Eclectica fund.

CLICK HERE to read more