Category: Politics
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5 Reasons your blue-chip stocks are tanking – and no – it’s not the corona virus
The recent blood-bath in blue-chip stocks was catalysed by the spread of the coronavirus, but there are 5 underlying causes that have made it so dramatic and ugly.
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Coronavirus freak-out: global markets just paid $3 trillion for a bowl of weak peacock soup
A Wuhan market price list offers 112 types of wild critters including peacocks, foxes, giant salamanders, snakes, rats, porcupines and camel meat.
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Long and Short (Ep 2): The rate cut and what it means
For the first time since 2008, the Fed cut rates by 25 basis points to boost economic growth. In a perfect world, a lower cost of borrowing would’ve made the market soar. But stocks fell yesterday, and they fell today. It’s complicated. Let’s get into it: Interest rates and the economy The interest rates set…
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Crippling student loan debt – a Canadian story
Democratic hopeful Bernie Sanders declared war on his country’s $1.6 trillion student loan debt problem by promising that he was going to tax Wall Street transactions and use the proceeds to pay it down if elected. “This proposal completely eliminates student debt in this country and ends the absurdity of sentencing an entire generation, the…