When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing signs it’s entering the establishment its creators sought to subvert.
— Read on www.reuters.com/article/us-crypto-currencies-futures-analysis/is-bitcoin-growing-up-regulated-futures-boom-as-investors-seek-a-safer-ride-idUSKCN1TE0IB
Category: Blog
India Overestimated Economy GDP Growth From 2011-17: Study – Bloomberg
India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade.
— Read on www.bloomberg.com/news/articles/2019-06-11/world-s-fastest-growing-economy-may-not-be-so-fast-after-all
Learning From OPEC: Alberta’s Oil Supply Cuts Find a Sweet Spot – Bloomberg
Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months.
— Read on www.bloomberg.com/news/articles/2019-06-10/learning-from-opec-alberta-s-oil-supply-cuts-find-a-sweet-spot
Canada `Blew’ Its Chance to Be World Pot Leader: Cannabis Weekly – Bloomberg
Canada “blew it” on cannabis legalization and is rapidly losing ground to the U.S. as a result, according to the founder of one of the top investment bankers to the industry.
— Read on www.bloomberg.com/news/articles/2019-06-09/canada-blew-its-chance-to-be-world-pot-leader-cannabis-weekly
BREAKINGVIEWS – Hong Kong risks its future as global business hub – Reuters
(Reuters Breakingviews) – Carrie Lam’s government could squander Hong Kong’s privileged position in the eyes of foreign governments. A bill that would allow extradition to the mainland prompted hundreds of thousands to protest on Sunday. If the chief executive ignores the message, Washington, Brussels and others may reconsider their relationship with the territory. That would hurt both Hong Kong and China.
— Read on www.reuters.com/article/us-hongkong-extradition-march-breakingvi/breakingviews-hong-kong-risks-its-future-as-global-business-hub-idUSKCN1TB0D4
Infographic: How the Tech Giants Make Their Billions
Collectively, the Big Five tech giants combine for revenues of $802 billion, which is bigger than Saudi Arabia’s economy. Here’s how it breaks down.
— Read on www.visualcapitalist.com/how-tech-giants-make-billions/
Bank of Canada will likely join ‘rate-cutting party’ in 2020, CIBC says – BNN Bloomberg
Bank of Canada will likely join ‘rate-cutting party’ in 2020, CIBC says – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-will-likely-join-rate-cutting-party-in-2020-cibc-says-1.1270281
Canadian Large Cap Dividend Payers
- Sun Life Financial (slf-t)
- Suncor (su-t)
- Cenovus Energy (cve-t)
- Sherritt International (s-t)
- Home Capital (hgc-t)
- Thomson Reuters (tri-t)
- Russel Metals (rus-t)
- Baytex Energy (bet-t)
- Scotiabank (bns-t)
- Freehold Royalties (fru-t)
- Cibc (cm-t)
- Autocanada (acq-t)
- Td Bank (Td-t)
Key metrics for energy picks for sustainable dividend payments
- Debt to cash flow 2x
- Payout Ratio
- Oil Demand Strong
- $60 a barrelled equals oil at $40 at .75 cents at exchange rates
Infographic: How the Modern Consumer is Different
We all have a stereotypical image of the average consumer – but is it an accurate one? Meet the modern consumer, and what it means for business.
— Read on www.visualcapitalist.com/how-the-modern-consumer-is-different/
Microsoft’s stock surge lifts market cap above $1 trillion, more than $100 billion above Amazon and Apple – MarketWatch
Shares of Microsoft Corp. surged 2.8% toward a record high, enough to pace the Dow Jones Industrial Average’s gainers and to push the software giant’s market…
— Read on www.marketwatch.com/story/microsofts-stock-surge-lifts-market-cap-above-1-trillion-more-than-100-billion-above-amazon-and-apple-2019-06-07