We are watching, increasingly worried, as geopolitical dynamics change. Tensions are facing off, and the world could be dividing in two, a division akin to the cold war.
Even simple ideas can lead to profits. This is not a game where the highest IQ wins. This is a game where emotional stability and rational thinking rules.
On the one hand, American consumers benefit from cheap Chinese imports. On the other hand, this put a whole lot of US dollars in the hands of Chinese.
Last Thursday, Bloomberg unleashed a damning report on the US’s tech industry. They documented and catalogued a range of evidence that seemingly proved China is spying on us.
New tariffs will make it more expensive for China to import waste material from the US to recycle. Yet this comes at a time when the recycling industry is already in trouble.
A lot of Canadians are ready for legalisation of recreational pot. They expect the industry to be worth several billion dollars. That’s nice. But it’s small potatoes. The real prize is in the US.
You probably know about Enron. Like most companies lured by returns, the company got greedy and took risks they couldn’t afford.
The number of Americans 65 plus going bankrupt is soaring. Low salary growth, debt and increasing healthcare costs are all starting to become a burden.
Just how much is political risk priced into stock markets right now? It’s an impossible question to answer. Things are about to get very interesting.