13 Replies to “Deja Nothing, All Over Again”

  1. “Seriously Justin, you want be a Prime Minister? Are you sure what are you doing? ”
    Thit could be a line from fictional Stephen Harper memoirs.

  2. goodie goodie goodie !!!!!
    world_______________wide____________RECESSION
    and poof! goes my enemy, inflation.
    bring on the guns and cockroaches !!!
    p.s., the chirese got trouble with a circuit breaker? isn’t it ‘common wisdom’ to just shove a penny in the panel? oh, wait, we don’t HAVE pennies anymore, because of, wait for it…..
    inflation !!!!
    (see whut I mean?)
    p.s., full disclosure, I just finished off my annual christmas bottle of Jamesons. LOL !!!

  3. It is not that easy, for now just increased volatility – not only in financial markets – in social, political arena most of all. The world is getting more crazy by the day.

  4. It isn’t that simple.
    This will be a bad week for all stock markets. There is no growth in China, there hasn’t been in a long while, and the world is starting to notice. All Canadians are going to be hard hit. Try and think of one product that we manufacture, or one commodity that we have, that cannot be bought or manufactured elsewhere, for a lower price. The list is very small. I am looking forward to my retirement! Right now “Freedom 85!” seems like a distinct possibility!

  5. Billionaire George Soros warned of a crisis-
    Its not so easy trying to control the worlds currency,
    Up yours Georgie…

  6. Ah, you people wouldn’t listen, so now a new approach to cooling the planet. Obungle at his finest, this is the O’s doing, ain’t it:-))

  7. Greg, no one is listening.
    Canada has a 3rd world economy of digging stuff out of the ground and selling to those who are smart enough to make it into useful goods. The rub is that our 3rd world economy is asked to pay for 1st world social benefits.
    Instead of building a “Heritage Fund” to benefit future generations we have spent the money and in fact saddled future generations with our debt.

  8. The Communist Chinese stock market is more roulette wheel, than Wall Street. Chinese investors behave like old women at the Indian Casino Pai Gow table.
    The Communist politbureau can only build just so many Ghost cities before “investors” take notice. Sorry, but Capitalism and Free market forces are as REAL as gravity. The FAKE Chinese economy ? not so much.

  9. Didn’t Justin the Canadian poster boy tell us that he admired China because their leaders can spin its economy around on a dime?
    spin its economy around on a dime,
    spin its economy around on a dime,
    spin its economy around on a dime, spin its economy around on a dime.
    The Chinese economy is still spinning, and the whole freaking world is getting dizzy..

  10. It’s considered a no brainer by many pros that dividend stocks, which investors flocked to in their search for yield, are still firmly in correction mode and will be for some time. My understanding is we will test lows all the way back perhaps to 2009. I was looking at buying a high dividend quality stock which kept rising in spite of the markets. Now it has caught the flu too because when the tide goes out, all boats go down, not just the poor quality ones. My buy target prices are up to 50% lower than at the peak, though my new favourite buy candidate will be attractive I think at about a 30% drop. If unsure I will deploy over time, which I plan to do while adding to the portfolio. This is when the real money gets made. I’m sitting tight for the time being though.
    I was thinking of starting to buy in November. I’m glad I waited but I tend to be an investor who buys businesses rather than just the stock, always seeking quality within a value framework with good dividend yields to reinvest. A TFSA is a good home for me given I don’t invest huge sums of money.
    A good investor buys near the bottom and sells near the top instead of trying to time things perfectly. Dollar averaging into a market hedges risk. I also plan to hedge the U$ against the Cdn buck which will surely continue to drop, given commodity deflation and rising US rates, with a US company that is highly undervalued which got beat up because it inadvertently sent the wrong message to shareholders. They have resolved that but I would be satisfied to make money strictly on the basis of a depreciating C$.

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