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Top 10 Observations: Week of Mar 29th, 2024

By March 28, 2024 No Comments

Hello,

 

We kick off the top ten with noteworthy remarks from David Rosenberg, who emphasizes the urgency for interest rates to drop before it’s too late. This sentiment is echoed by a Bloomberg story highlighting concerns from a Bank of Canada official regarding our declining productivity levels amidst exploding debt levels.

 

For those interested, J.P. Morgan’s 14th annual energy report offers comprehensive insights into various sectors, including nuclear power, China, hydrogen, “net zero oil,” and Gaza’s energy future. With grid system questions looming, this report proves timely for industry and government leaders alike.

 

The car industry faces challenges, as evidenced by images of a massive car lot filled with unsold Ford trucks and Stellantis’s unconventional approach to employee layoffs via a surprise zoom call.

 

Apple, a ubiquitous presence in many lives, faces scrutiny from the US Government, particularly regarding competition laws and practices aimed at maintaining iPhone customer reliance. The Daily delves into this contentious topic.

 

Wayne Gretzky’s unexpected appearance at Brian Mulroney’s funeral sparked curiosity, with the hockey legend sharing touching stories befitting a Canadian icon.

Reports from the CBC shed light on the challenges Canadians face in finding doctors, exploring the multifaceted reasons behind this issue.

 

The tragic bridge accident in Baltimore reminded communities like Vancouver (and Victoria) what’s at stake.

 

As baseball season commences, Bruce Dowbiggin examines the evolving Ohtani story and the growing presence of gambling in sports. He also revisits a significant NHL gambling incident involving a current coach and their spouse.

 

Wishing you a fulfilling day ahead and wonderful long weekend.

 

David..

Ps…my rant made it in the TC as we all want municipalities to be more responsible, and ‘fair and consistent’

https://www.timescolonist.com/opinion/comment-victoria-council-is-not-being-fair-or-consistent-8509264

Number 3- Electravision-Eye on the Market-14th Annual Energy Report- J.P. Morgan

The predominant vision for the future involves the electrification of everything, powered by solar, wind, transmission and distributed energy storage. This vision primarily relies upon the greater efficiency of electric motors and heat pumps vs their fossil fuel counterparts. While the grid is getting greener, electrification is advancing at a much slower pace for reasons related to chemistry, physics, cost, politics and human behavior. Our 14th annual energy paper takes a closer look, and also includes sections on nuclear power, China, hydrogen, “net zero oil” and Gaza’s energy future.

 electravision-amv

 

Number 6- The United States vs the iPhone

https://open.spotify.com/episode/5lK54F2WV37UpuaXkQJjbQ

https://www.nytimes.com/2024/03/26/podcasts/the-daily/apple-lawsuit.html

Last week, the Justice Department took aim at Apple, accusing the company of violating competition laws with practices intended to keep customers reliant on their iPhones. David McCabe, who covers technology policy for The Times, discusses the latest and most sweeping antimonopoly case against a titan of Silicon Valle

We hope you found the Top Ten interesting this week, and are looking forward to another selection of articles, stories, and commentary next week. If you know of anyone else who would be interested in receiving our weekly note, please let me know.

 

Schneider Wealth Management is a trade name of Aligned Capital Partners Inc. (ACPI)* –  ACPI is regulated by the Investment Industry Regulatory Organization of Canada (www.iiroc.ca) and a Member of the Canadian Investor Protection Fund (www.cipf.ca). David Schneider is registered to advise in securities and/or mutual funds to clients residing in British Columbia, Alberta, Manitoba  and Ontario. This publication is for informational purposes only and shall not be construed to constitute any form of investment advice. The views expressed are those of the author(s) and may not necessarily be those of ACPI. Opinions expressed are as of the date of this publication and are subject to change without notice and information has been compiled from sources believed to be reliable. This publication has been prepared for general circulation and without regard to the individual financial circumstances and objectives of persons who receive it. You should not act or rely on the information without seeking the advice of the appropriate professional. 

 

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