Hello,
Financial markets have continued their recent volatility at the beginning of this month, prompting discussions about Canada’s underlying structural issues. In his latest commentary, Jim Thorne delves into these concerns, drawing parallels to the political climate in the U.S. as well. He suggests that both the Biden administration and the Trudeau administration appear more focused on advancing their progressive agendas than on addressing budgetary balance and inflation concerns, drawing inspiration from Shakespearean tragedy.
David Rosenberg, the president, and chief economist of Rosenberg Research & Associates Inc., recently engaged in a conversation with Larysa Harapyn of the Financial Post. They explored the significance of listening to the messages conveyed by financial markets, with Rosenberg advocating for allowing the markets to guide decision-making.
Turning to Canada’s housing and mortgage challenges, Steve Saretsky has provided valuable insights into this ongoing issue. He suggests that these challenges are likely to persist for the foreseeable future.
Doomberg, known for its insightful analyses, recently participated in an interview discussing its philosophy and why it has garnered a dedicated following. The interview provides an inside look at the publication’s core principles and methods.
Daniel Yergin, Vice Chairman of S&P Global and author of “The New Map,” appeared on the Smarter Markets podcast, offering a comprehensive overview of global energy markets. Yergin also highlighted instances of perceived hypocrisy in Europe, particularly in relation to African countries seeking improved living conditions.
In recent years, Portugal has been a popular retirement destination for many Canadians due to its favorable weather and tax incentives. However, new legislation in Portugal may curtail those tax benefits for foreign residents.
One of my favorite writers has a new book on Sam Bankman-Fried. Michael Lewis’s book comes out a time when the all-time great fraudster is on trial.
The first round of the MLB playoffs is over, and it is another quick exit for the Blue Jays. Four great ball players are retiring, and we highlight them including Canadian Joey Votto.
The debate surrounding motorists and urban transportation issues has gained attention, with Matthew Crawford providing a philosophical analysis of why drivers are pushing back.
Finally, the entertaining as usual Ryder Cup in Rome is summarized uniquely by Bruce Dowbiggin.
Wishing you a great weekend ahead!
David and Gina.
Number 1-Jim Thorne October MI: Is Something Rotten in the State of Canada?
Some points: I tackle the Elephant in the room. With Joe Biden going on the picket lines of the UAW the interpretation from many on Wall St. is that its now evident that the Biden administration, and the Trudeau administration, are more concerned about implementing their progressive policies then are concerned about Balancing the Budget or fighting inflation. I use Shakespeare to look at the real time tragedy taking place.
Number 2-Rosenberg with Larysa
President and Chief economist and strategist of Rosenberg Research & Associates Inc., talks with Financial Post’s Larysa Harapyn about how investors should listen to the message markets are sending. “Let the markets do the thinking for you,” he says.
https://financialpost.com/investing/listen-message-markets-sending-david-rosenberg David Rosenberg
Number 4-Doomberg-Diving Into Content Creation, Energy, And Finances With Doomberg
(Another brilliant interview and as my friend Stewart Muir explain it is ‘Inside baseball for Doomberg nerds’. Doomberg’s articles are so insightful, and they cut thru the bs that seems to so prevalent)
When Richard Jacobs of the Finding Genius podcast invited us to come on his show, he proposed to discuss “the ‘Energy Economy’ and the future of energy systems.” Instead, the odiscussion had an energy of its own, taking us for a 35-minute tour into the inner-workings meter of this publication—our mantras, methods, and measures.
Number 5-Daniel Yergin, Vice Chairman of S&P Global and Author of “The New Map”-Smarter Markets
“There isn’t a one-size-fits-all when it comes to the energy transition, but it’s going to be multidimensional. It’s going to take different shapes and different timings in different countries.
https://www.smartermarketspod.com/the-september-sessions-episode-4-daniel-yergin/
Number 9-Matthew Crawford: The global war on motorists
UnHerd’s Freddie Sayers meets Matthew Crawford in San Francisco. Listen to the podcast: https://plnk.to/unherd?to=page
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.
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