Canada won't collapse but it shall take a hit like everyone else and that's to be expected. The market is focused on second round effects is the equivalent of individuals who say the stock market pricing is focused towards future growth. Both are ...

Building permits, May 2020

Can we stick to the topic at hand. This is about building permits no one cares for our opinions in regards to media. Also why keep complaining about the same thing unless you're about to open a media company and plan on taking out everyone who drops ...

Building permits, May 2020

Water is wet my friend.

BOE Vlieghe: We're in a recession now

Nothing is permanent but realistically speaking it doesn't matter how adaptable you are some businesses will just never come back online. They may have to reinvent themselves but NOT all of them will succeed.

41% Of Businesses On Yelp Have Permanently Closed As V-Shaped Recovery Implodes

So basically the opposite of what they said is true - the beauty of being a contrarian to media headlines. It's like when they state a currency will "surge" "plummet" "plunge" and a few weeks to months it does the exact opposite.

Morgan Stanley: Yes, A Second Wave Is Coming But It Won't Derail The V-Shaped Recovery

Did you not read what he wrote? He said both LIMIT freedom of speech.

China’s industrial firm profits increase for the first time in May

I agree with you mostly. I'm not touching bitcoin with a fucking pole whether it hits $1, $20k or $100k. The volatility on bitcoin is nauseating. Gold is definitely a safe buy in my opinion. I got on the gold train way too late when the price was ...

How a gamer caused a trillion-dollar stock market crash

That level is important waiting to see if it comes into scope this week. Last week was so slow with action. I was waiting for AUD/CAD for a breakout and it ranged even further the last 2 days or so literally moving like 30 pips. I'm hoping this week ...

Australian Dollar Outlook Bearish as Coronavirus Cases Spike

Yeah maybe the end of the year if AUD is lucky. I just don't see it especially since AUD wouldn't want the currency to appreciate that strongly in the near term. But I'm bias because I've been making money shorting AUD when it kept hitting newer ...

AUDUSD Trend Poised to End Soon?

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PBOC: Economy faces risks from global pandemic, efforts against domestic resurgence

Funny thing is that's almost to the tee of the same price area I'm watching for AUD/USD I put 0.67749 when looking at this pair last Saturday.

Australian Dollar Outlook Bearish as Coronavirus Cases Spike

It's in everyone best interest for them to broker a deal. But politics may stand in the way sadly.

Johnson Reiterates Threat to Walk Away From Brexit Trade Talks

I expect it to continue the trend downwards especially as we close out the month like you alluded to I think this initial move is more profit taking for the 2nd quarter. Now we are definitely encroaching no mans land soon and I'm expecting ...

Florida COVID-19 cases rise 7.8% vs. previous 7-day avg. 4.1%

This is a market things don't go straight down/up in a straight shot. We have pauses, corrections, and retraces. The USD can be going up for a # of reasons unbeknownst to us. It doesn't matter why it's going up/down as long as we ride the elevator ...

Florida COVID-19 cases rise 7.8% vs. previous 7-day avg. 4.1%

On top of almost every other developed nation is QE as well so it's like picking the least smelling trash out the dump basically.

A collapsing US dollar and China’s monetary strategy

Did he also factor all the businesses that'll never resume again? I doubt that. It's also very ease to come back strong if you were nearly offline.

White House Adviser Kudlow: US Economy Is Not Going To Be Closed Down Again

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US Targets $3.1B of EU, UK Products For New Tariffs

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A new GOP bill would give each taxpayer $4,000 to take a vacation anywhere in the US through...

I live in NYC and know personally more than 10 people that passed away from it so I'm not understanding your point. Don't make a large generalization just because you aren't seeing/witnessing it yourself. People in NYC are trying to get on with ...

Monthly new residential sales, May 2020

Yeah if you're expecting that V shape to be in a few years then sure. If you realistically think that USA economy will be back to where it was before in a short time then good luck with that. Especially since the USA economy before all this already ...

US economic downturn eases markedly in June as lockdown lifts