Hello
The top ten starts with a couple links that focus on such an important topic in Canada, which is the Bank of Canada tightening rates to levels we have not seen since 2001.
A strategist with an independent firm, Jim Thorne, disagreed with a senior economist with a big 5 bank on whether this is the right move.
The Scotiabank economist also weighed in and used the word ‘fiction’ with the BoC forecasts.
Despite these higher rates, David Rosenberg thinks our equity market is dirt cheap.
The challenges of these higher borrowing costs and other expenses is hurting many Canadians and MNP provides commentary on how desperate Canadians are.
LNG 2023 is the major event happening in Vancouver this week and Stewart Muir provided a brilliant summary. Yes, Nat Gas and LNG is the focus of the energy ‘trilemma’ that is a key part of the conference. Yes, our energy minister was no-show.
Brad Hayes is brilliant looking at the different energy sources and he looks at hydrogen this time and is not so positive.
The great people at Doomberg look at the water system in the western US, as it has gone from drought to a lot of rain to its current state this past year.
Many Canadians are looking at other places to live these days and guess which country is ranked number 1. A CNBC report explains why Mexico is top ranked.
Big NATO meetings this week and Peter Zeihan gives his take on Zelensky’s quest.
Finally, the movie Oppenheimer is starting next week, and many are looking forward to it. I included the trailer and some friends are reading The American Prometheus.
https://www.amazon.ca/American-Prometheus-Triumph-Tragedy-Oppenheimer/dp/0375726268
Have a great weekend.
David
Number 1 - Panel reacts to Bank of Canada raising rates to the highest level since 2001
Jim Thorne, chief market strategist at Wellington-Altus Private Wealth, and Robert Kavcic, senior economist at BMO Capital Markets, joins BNN Bloomberg for their instant reaction to the Bank of Canada’s 25bps hike.
Number 5 - Stewart Muir: Energy diplomats ponder the best paths ahead in the shadow of a Disney cruiseliner
The LNG2023 conference in Vancouver contends with the energy ‘trilemma’
Number 6 - Hydrogen: the ultimate path to net zero, or a whole lot of wishful thinking - Brad Hayes
https://big-media.ca/hydrogen-the-ultimate-path-to-net-zero-or-a-whole-lot-of-wishful-thinking/
Brad closes: “But hydrogen? Industry has drilled millions of wells in sedimentary basins around the world and has found no large reservoirs full of nearly pure hydrogen. There are only traces. Where hydrogen has been detected in higher concentrations, there are no reservoirs. Either way, there is no gold hydrogen. Green, grey, and blue hydrogen are going to have to meet the challenges of the energy transition on their own, while the pursuit of naturally occurring hydrogen should be likened to fool’s gold.
I encourage readers to subscribe to this independent news site that is doing such great things. https://big-media.ca/
Number 7 - Doomberg – Wet Blanket
https://doomberg.substack.com/p/wet-blanket
“If there is magic on this planet, it is contained in water.” – Loren Eiseley
https://schneiderwealth.ca/wp-content/uploads/2023/07/Wet-Blanket-Doomberg.pdf
Number 8 - The No. 1 destination to live and work abroad, according to expats
Expats in Mexico are some of the happiest in the world, according to a new report from Internations, the global community for people who live and work abroad Mexico ranks No. 1 as the top destination for expats, with 90% of people saying they’re happy with their lives abroad in the country, compared to 72% globally.
Number 10 - Oppenheimer | New Trailer
https://www.youtube.com/watch?v=uYPbbksJxIg
Written and directed by Christopher Nolan, Oppenheimer is an IMAX®-shot epic thriller that thrusts audiences into the pulse-pounding paradox of the enigmatic man who must risk destroying the world in order to save it. The film stars Cillian Murphy as J. Robert Oppenheimer and Emily Blunt as his wife, biologist and botanist Katherine “Kitty” Oppenheimer. Oscar® winner Matt Damon portrays General Leslie Groves Jr., director of the Manhattan Project, and Robert Downey, Jr. plays Lewis Strauss, a founding commissioner of the U.S. Atomic Energy Commission. Academy Award® nominee Florence Pugh plays psychiatrist Jean Tatlock, Benny Safdie plays theoretical physicist Edward Teller, Michael Angarano plays Robert Serber and Josh Hartnett plays pioneering American nuclear scientist Ernest Lawrence. Oppenheimer also stars Oscar® winner Rami Malek and reunites Nolan with eight-time Oscar® nominated actor, writer and filmmaker Kenneth Branagh.
Oppenheimer | Opening Look
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