Mid-term election and stock market

The recent US mid-term election has been fascinating because the result almost shocked everyone. Some called it historic because it is better than historic norm for the President’s party who usually loses a lot of seats in Congress. One interesting comment I heard quite often is that a divided government is better for the stockContinue reading Mid-term election and stock market

Inflation? Whose fault is that?

Bank of Canada said the way to fight inflation is to raise interest rate to crush demand. It sounds like people have too much money in their pockets, so the central bank needs to make it harder for them to buy stuff. Some even blame the covid relief fund. Perhaps they should talk to thoseContinue reading Inflation? Whose fault is that?