Comments on: Technical Analysis of Global Stock Markets

By: zivs

zivs — Mon, 18 Mar 2019 22:51:12 +0000

BTW it’s worth noting that despite EWC going nowhere, there are a ton of names that have done exceedingly well if you were able to stock pick or even ETF pick into particular sectors specifically commercial banking, asset management, consumer staples/discretionary, and the limited number of tech stocks we have ($SHOP, $GIB.A, etc.) The Canadian market isn’t particularly diversified, you’d probably say that it’s a commercial banking and commodities market with a $SHOP, $BAM.A, and MJ sector kicker haha.

By: zivs

zivs — Mon, 18 Mar 2019 22:47:10 +0000

Don’t worry, Randy, we’re all in the quantitative easing twilight zone. Canada’s worse off than the US except maybe on the public debt stage since our public debt to GDP ratio is only 89.7% whereas the US is @ 103.8%. We just saw a 0.1% GDP contraction last quarter with a massive housing bubble bursting, major debt bubble (avg Canadian home has a 175% debt/annual income level a lot of that housing meaning a lot of negative housing equity), major HELOC bubble, lower central banking rate at 1.75%, substantially underfunded social benefits and pension programs with boomers retiring, a commodity-driven economy … and our $1 and $2 coins are called the “loonie” and “toonie” so really who’s taking us seriously. Can’t see things suddenly getting better in this Keynesian hellhole we’re trapped within, just going to have to sacrifice and make ourselves financially independent. Never much cared for relying upon the government for most things.

By: barr105

barr105 — Mon, 18 Mar 2019 20:22:14 +0000

good history lesson