We believe that Canada and the United States are facing very difficult economic times that will affect the stock markets and inflation. It will not be pleasant. Overspending and paying too high prices for many stocks coupled with too much debt are the main culprits. They will take a harsh toll. Keep in mind that years ago the brokerage industry was created to offer a liquid market to buy and sell (invest) for the companies and for the investing public. However today it has been primarily for the benefit of the banks and the brokerages. Much has been lost due to that priority.  Generally, the research from the major brokerages was inaccurate and of poor quality. It was and has been primarily a sales tool. Few will admit that.   The officers and directors of the publicly traded companies in Canada and the U.S. are required to report any of their personal purchases and sales within three business days. Failure to report is a serious offence. While the graph in Barron’s for insider transactions seemed to be positive by its gauge of total transactions to be bullish for the market, Yet if we add up the dollar value for the transactions. It is extremely negative. Recently for the U.S. listed stocks there was a total value of $41,000,000 (forty-one million dollars) of insiders (officers and directors) purchasing their own companies’ shares!  Yet, that very same week, the insiders sold $309,000,000 (three hundred and nine million dollars) of their own companies’ […]