3 Stocks to Hold for the Next 20 Years
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What Is a Stock Market Crash?
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May 11, 2021 | The Reentry
Garth Turner A best-selling Canadian author of 14 books on economic trends, real estate, the financial crisis, personal finance strategies, taxation and politics.
Nationally-known speaker and lecturer on macroeconomics, the housing market and investment techniques. He is a licensed Investment Advisor with a fee-based, no-commission Toronto-based practice serving clients across Canada.
Fourteen months ago this pathetic blog said pandemics are temporary. They suck hard. Then they pass. None has ever been permanent. Just wait. Stay invested. Wear your mask. Chill.
This one’s now in the process of cresting and retreating. Vaccines 1, bug 0.
But back in March of 2020 nobody seriously thought Toronto would still be locked down in May of 2021, that the RCMP would manning roadblocks in BC or pastors would be handcuffed in Alberta for holding a service. Meanwhile most Canadians look like alpacas because all the damn barbers are closed.
MacroBusiness
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at 9:00 am on May 5, 2021 | 6 comments
It began in mid-February this year as markets woke with a start to an imminent burst of US inflation. That awakening triggered a back-up in bond yields and the rest follows automatically. Equities were forced to reprice on factors that weighed against growth stocks with long-duration returns in favour of more reliable short-term duration value-stock returns.
We saw a reprieve in this trade in April as the bond back-up eased:
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But last night Granny Yellen let the cat out of the bag: