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2 Aug 2023 5 minute read 3 comments SweptOverNiagara
While most people are distracted by mainstream news (or cool video games), a new development is brewing in the financial world that will most probably impact our lives, one way or another and could come as soon as within three weeks, later this month...
21 Jun 2023 3 minute read 2 comments SweptOverNiagara
By now, the mainstream media has made sure their followers are biting their nails over this missing 5 person submersible that's gone AWOL a few days ago about half way into a descent to tour the wreckage of Titanic which is about 3,800 meters or 12,5...
20 Jun 2023 4 minute read 5 comments SweptOverNiagara
On Sunday, I got an email from Costco titled, '1Day Only - Spend and Save Event'. Maybe you got the same email? The title though, threw me off a bit because it got me thinking how on Earth can I save any money if I spent it on something, anything. I...
19 Jun 2023 3 minute read 5 comments SweptOverNiagara
I got word on the weekend that the U.S. national debt has just surpassed $32T. For a few months, the markets were on edge because the debt limit had been reached and Treasury Secretary Janet Yellen repeatedly reminded Congress to raise the debt ceil...
17 Jun 2023 5 minute read 5 comments SweptOverNiagara
I live about a two hour's highway drive from Windsor, Ontario, a Canadian city that borders Detroit, an American city that once thrived as the 'Motor City', home to the Big Three automakers, General Motors, Chrysler and Ford. It was on the streets of...
15 Jun 2023 3 minute read 1 comment SweptOverNiagara
It's that time of the month again. Yesterday afternoon, we got word of a pause in rate increases from the Federal Reserve (which is not federal and has zero reserves). After ten hikes in a row, rates were held at 5 to 5.25% but included hawkish state...
14 Jun 2023 3 minute read 7 comments SweptOverNiagara
I live in south-west Ontario, Canada, nestled in a spot where three of the Great Lakes are easily accessible within an hour or so which include Lakes Erie, Ontario and Huron. Up until a couple days ago, we've gone without rain for almost three weeks....
7 Jun 2023 1 minute read 2 comments SweptOverNiagara
I just got word that the BoC has increased its key lending rate by another 25 basis points after pausing during the previous two meetings. Going against expectations, the bank raised the lending rate to 4.75%. Darn, that means everyone here in Canada...
2 Jun 2023 7 minute read 10 comments SweptOverNiagara
I've been away from writing for a couple of weeks as I've been busy in the garden. It's time for a follow-up on my winter garden that has now morphed into a spring garden and is soon to morph again into my summer garden. Gardening has its challenges,...
3 May 2023 3 minute read 1 comment SweptOverNiagara
The markets were on the edge of their seats all week awaiting today's decision from the FOMC meeting. The FED raised rates as expected by 25 basis points although there were polls suggesting 85% of participants expected a pause while the remaining 15...
