https://www.aier.org/article/capitalism-saved-sweden Some delusional morons will say how successful socialism is. Really? We are seeing the current disaster in Venezuela and have seen its historical failures in Europe. We should learn from them.

Commentary of Robert Brusca, FAO Economics, New York The stalactites on the chart above tell a tale of Canada flirting with some very large deficits for some time, though 2016 and into 2017. After a short hiatus the deficit erosion seems to be back.  While exports and imports both rose this month, and exports did rise more than imports, the trends for exports and imports remain unfavorable to Canada’s trade condition. Exports have been slowing from a 3.1% pace over 12-months to an annual rate of -14% over 6-months to an annualized pace of -17.2% over 3-months. This progressive deterioration has deep roots in trends for farming and fishing exports, Industrial machinery exports, motor vehicles and parts exports as well as all other exports. None of these trends are Canadian ‘friends.’

We have said many times, odd as it may seem, bull markets do not end due to overvaluation. They end with 1- interest rates rising, 2-often with a decline in the money supply and 3-an economic slowdown. But note well that risky market tops are usually accompanied by overvaluation. We are seeing none of the three above ingredients at present. Yet we are seeing extreme overvaluation in far too many popular heavily recommended stocks. Today, full service brokerages can no longer afford to cover companies on a comprehensive research basis. Thus, they focus on, over-promote and hype a limited percentage of stocks. That is a major impediment to investment success for the retail investing public and institutional investors as well. Investors and often brokers are guided by often inaccurate inept analysts into their over-touted, over promoted and overvalued stocks rather than the many overlooked and undervalued stocks. Yet in North America there are numerous stocks that are extremely undervalued. Today, we can find many cheap stocks with heavy insider buying (and no selling)in the gold industry and other commodities related stocks. INSIDER SELLING… Over the last six months, we have seen the LARGEST AMOUNT in dollar value of officers and directors selling their personally owned shares at the highest rate and dollar value in market history. Last week we saw the largest dollar value totals of officers and directors selling their own personally held shares in the companies where they are employed.  Last week’s insider stock sales totaled an astounding […]