US Government Shutdown The theatrics of negotiations between Democrats and Republicans over excessive spending continue at the White House this weekend. A coalition between House speaker and McCarthy (who speaks about himself in press sessions) and the Democrats reached a short-term measure to keep the US government open as did the more recent one with…
Friday’s Stock Market Action The debt talks continue with President resisting negotiation as he leaves the US. Given these negotiations are critically important for the nation, travelling is sending some very bad signals about a successful negotiation Nevertheless, futures are all up this morning with the NASDAQ leading the way with a .31% gain and…
When will we see another Bull Run for the Stock Markets? Now getting past the elections, we didn’t get the results we hoped for, but the win for GOP in taking the house should help to prevent the Dems from damaging the economy too heavily. There is some hope they won’t be able to raise…
Oil Companies Bid on Gulf Oil Field Rights The big news is President, fresh from his trip to Europe to push anti-oil policies, extra taxes and anti-development ideas to the world (including poor countries who can’t afford EVs), is selling massive oilfield drilling rights in the environmentally sensitive Gulf of Mexico. Yes, this the same…
Where is Canada’s Economy Headed? A new report on Canadian GDP has more people taking a closer look at the Canadian economy and perhaps reconsidering how they’ll vote in this coming snap Federal election. StatsCan says Canada’s GDP shrank 1.1% in the 2nd quarter of 2021 and has dropped by .4% in July. According to…