Equities: Nasdaq – down 330.65 points or 3.02% The Nasdaq Index represents the tech sector and includes the world’s foremost technology and biotech giants such as Apple, Google, Microsoft, Oracle, Amazon, and Intel. No surprise to subscribers, this index has blown the doors off all other indexes as these stocks have been the market leaders […]
The markets opened down on fears of COVID-19 spreading again, the gridlock in Washington, and of course fears that the results of the US election won’t be known for weeks, or even months after the election. In addition, word was out that a number of major financial institutions, including JPMorgan Chase, HSBC, and Deutsche Bank, […]
The average human life span is clearly on the increase, with the United Nations predicting there will be 3.7 million people over 100 (centenarians) by the year 2050. Many developed countries are reporting more supercentenarians every year, they being people over the age of 110. Since 1900 the average human life expectancy has risen from […]
Dealing with COVID-19: An open letter to Canada’s prime minister and provincial and territorial premiers Date: July 9, 2020 Authors: Robert Bell, David Butler-Jones, Jean Clinton, Tom Closson, Janet Davidson, Martha Fulford, Vivek Goel, Joel Kettner, Onye Nnorom, Brian Postl, Neil Rau, Richard Reznick, Susan Richardson, Richard Schabas, Gregory Taylor, David Walker, Catharine Whiteside, Trevor Young Dealing with COVID-19: A balanced response COVID-19 is a serious public health threat and will remain so until […]
The Canadian government just released its updated deficit projections and they were mind boggling. The government now projects the federal deficit for this fiscal year to be $345 billion. That is approximately 18 times larger than the 2019 deficit. PM Justin Trudeau then made this statement. “As a Federal Gov’t we decided to take on […]
Soon after the discovery of electricity there were many related discoveries and inventions that enabled the generation and storage of electricity. It was Ben Franklin who, in 1749, coined the word “battery”. However, it was the work of Luigi Galvani and Allesandro Volta that led to the first battery produced in 1800. Galvani noticed that […]
In yesterday’s update we discussed how the US Federal Reserve pledged to maintain at least the current pace of asset purchases and projected interest rates will remain near zero through 2022. We also showed how most indexes were overbought based on the RSI. Overnight the market had a chance to digest that commitment from the […]
US Fed sees 0% rates through 2022 The US Federal Reserve pledged to maintain at least the current pace of asset purchases and projected interest rates will remain near zero through 2022, as Chairman Jerome Powell committed the central bank to using all its tools to help the economy recover from the coronavirus. “We’re not […]
As each generation of cell phone networks is developed there is a leap-frog phenomenon with the technologies that enable them. Faster, more efficient networks depend on faster, more efficient components from end to end. There are many components in a cellular network, but one of the basic components is the antenna, and there is no […]
In a recent blog we discussed the importance of having a hedging strategy. It’s a way to protect your portfolio, and protection is often just as important as appreciation. Since February 21st, we have seen a significant stock market crash, with the S&P 500 dropping 35% from the high, blindsiding most investors. Fortunately for subscribers […]