Category: Uncategorized
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The Will
will1 /wil/ verb That is the definition of the word will from Wikipedia. However, the will I want to ramble on about today is more “the will”. Canada faces a lot of problems. Just this week, the Toronto Police service was lambasted for suggesting that homeowners leave their keys by the door to make it…
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Jobs, Jobs, Jobs
This morning saw the release of the February jobs report on both sides of the border. The US Economy added 290,000 jobs in the month of February, with the unemployment rate ticking up to 3.90%. This was above the consensus of 190,000 jobs. Expectations were for a slowing jobs market in Canada with RBC predicting…
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Consider The Source
I have long held the belief that you should always consider the source whenever taking advice from anyone. God knows there are way too many internet bloggers giving out their opinions these days. Anyways……. Beyond considering the source of someone, we should also consider the source of some things. Today was an absolutely gorgeous day…
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April Showers
As the old saying goes ” April showers bring May flowers”. However this year, I don’t think there will be much on bloom….financially speaking anyways. April 16th is a very special day this year. First and foremost it is my birthday, but EVEN more importantly it is the day that the Finance Minister has set…
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What Do You Think?
Sometimes in life we need to change the way we think. Far too often, we as a society resolve to doing something a certain way simply because ” that is the way it’s always been done”. Back in the Victorian era, people used to cover their mirrors with a blanket while not in use, so…
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On Ice
Today was Canada’s GDP report, and while the results were mixed at best, it looks like any hopes for a rate cut next week were put on ice. While GDP did appear to grow, up 1% for the last 3 months of 2023, and above the consensus of .8%, again it comes back to PER…
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Out With A Thud
It seems everywhere you go, the talk of the world is AI, short for artificial intelligence. I don’t get the hype to be honest. I am still hoping they will perfect natural intelligence, before we move on to the artificial variety, but alas, here we are. AI is the tech boom of the 2020’s, akin…
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Above Average
They say the problem with being average, is that you are simply average. As I like to ask people ” Think of how dumb the average person is, and then remember that 50% are even dumber than that”. Yesterday saw the release of the Canadian January inflation numbers, and I have to be bearer of…
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W.T.F.
As we learned this week, WTF may not stand for what you think it stands for. The leader of the official opposition gave us an alternative meaning to WTF. Where’s. The. Funds. I am sure this will become part of some vernacular throughout Canada for a while, but it leaves me to wonder if there…
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Here a Creep, There a Creep
Another day with another data release. This time the US CPI is coming in a little hotter than anticipated. Calls were for CPI to increase .2% in January, but they came in +.3%. The annual rate of inflation moved to 3.1%. Inflation starting with a 3 handle is a lot bigger than inflation starting with a 2 handle. As…
Ryan Sims insights, thoughts, and analysis 