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Mike's Daily Comment

"The Worst Deal Ever Made"

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on Friday, 03 February 2017 09:18

While the focus has been on Mexico, in the free trade deal with the US, Canada has been the more important trading partner. Now that agreement may undergo re-negotiation as soon as May this year and the implications for Canadian business is profound.

....also from Michael: For Canada the Trump Effect Is Unavoidable

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Mike's Daily Comment

The Undermining of Our Social Programs

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on Thursday, 02 February 2017 08:29

The most vocal supporters in Canadian Society ignore the fact that it has to be paid for. Economic growth is the only way to achieve that, yet the irony is that those that most support social programs are quite often found protesting the very economic developmen that's needed to pay for them.

....also in Michael's Mid-Week Update: For Canada the Trump Effect Is Unavoidable

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Mike's Daily Comment

One Really Positive Byproduct of Trump's Policy Announcements

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on Wednesday, 01 February 2017 08:01

As Donald Trump forges forward with tax, regulatory change, immigration and trade pronouncements, he's certainly got everyone's attention. Michael on why that is a good thing.

....speaking of government: A Perk You Can Only Dream of

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Mike's Daily Comment

Buffett's Big Trump Era Bet

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on Wednesday, 01 February 2017 06:58

957061-14858803421037476Summary

Berkshire buys $12 billion of stock since election.

This move was largely Buffett’s.

Walgreens recuts Rite Aid deal.

Berkshire Hathaway

Berkshire (BRK.A/BRK.B) substantially grew its equity portfolio after the US presidential election. They had slightly over $100 billion in shares before the election and increased it by over 10% with new purchases since then. Next month, we will go through the specific securities purchased. The new purchases could be new positions or increases of current ones.

....read more HERE

...also:

The Next Big Milestone



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Mike's Daily Comment

Guess What? The Mexican Wall Became US Senates Law in 2006

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on Tuesday, 31 January 2017 08:17

The refugee backlash has been percolating in the US and Europe for some time. Governments inability to integrate immigrants & refugees on both social and economic terms satisfactory to the voting public is clearly an explosive issue.

...also: Looking for Yield, Ozzie's Got Some Ideas

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Mike's Daily Comment

When Will It Be Okay To Blame Technology for Job Losses

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on Monday, 30 January 2017 12:00

Prime Minister Trudeau just completed a cross country tour where technology as a cause of job loss wasn't talked about. Meanwhile John Kerry in Davos Switzerland said 85% of job loss in the last decade was due to technology.

....also from Michael: The Great Divide - Thinking With Your Head vs Knowing with Your Heart

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Mike's Daily Comment

First Class Access

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on Friday, 27 January 2017 09:59

Every country in the world would like to have the access to US Markets that Canada has through Free Trade. Just imagine what will happen to Mexican factories if Donald Trump follows through with a 20% tax on Mexican good crossing the border. That's how Trump is going to get Mexico to "pay" for the wall.

...more from Michael on Donald Trump: The Next Big Milestone

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