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Beware the Rally

*At the time that I wrote this markets had just finished several positive sessions, however by the time it was ready markets had once again changed directions! I’m going to potentially embarrass myself and go on the record as saying we shouldn’t place too much trust in the current market rally, though the upturn is […]

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The Mystery of Market Volatility

This past week markets had a sudden and sustained sell off that lasted for two days, and though they bounced back a little on Friday, US markets had several negative sessions. The selloff in US markets, which began on Wednesday and extended into Thursday, roiled global markets as well, with extensive selling through Asia and […]

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America Is In Great Shape; Be Afraid!

All year people have been expecting a correction in the US Markets. For most of the year I have listened to portfolio managers discuss their “concern” about the high valuations of American companies. I have also listened to them point out that America remains the strongest economy and the most likely to see significant growth […]

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Don’t Be Surprised That No One Knows Why The Market Is Down

Last Friday I watched the TSX start to take a precipitous fall. The one stock market that seemed immune to any bad news and had easily outperformed almost every other index this year had suddenly shed 200 points in a day. Big sell-offs are common in investing. They happen periodically and can be triggered by […]

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Is the Internet Making Business Weirder?

If there is any doubt about whether the internet is changing how we do business I think it is best summed up in the above chart from Statista.com, which highlights both how Amazon continues to grow its sales while simultaneously losing money. The point here is not to criticize Amazon’s business practices. Its an enormously […]

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