The liklihood is now that Hillary Clinton will be the next Pres. of the USA.
But Bill Clinton will play quarterback and most things will go well.
At one of the big brokerage firms in New York, business is done as follows; one of the partners with his right hand sells $500 million asset-backed securites; which are rated top quality; same rating as a US goverment note; the commission could be 1% or 5 million. With his right hand he gets another customer to sell short $500 million asset-backed securites; commision again could be 1% or 5 million. He then goes home to his little estate in Long Island and tells his wife he had a good day at the office; it pays to speak with forked tongue.
We have had the bank stocks as undervalued for the past 4 years at least.
The returns have been excellent.
Remember that if the dividend goes up 10% so does the stock; everything else being equal.
Both the Dow and the TSE Composite are now at an all time high. Is it too late to get into equities ? No, it is not, but you have to pick undervalued stocks. We will tell you some high quality stocks that are still substantially U/V; just send us an email for our latest Report.
With 32 dead and 17 wounded one would think there had been a battle.
But no, it was just another day on a U.S. college campus. For some reason or other Americans are born with a compelling urge to eat , drink, and carry a gun.
Recently, we were playing golf, indoors, and the knee gave out. We went to the nearest Toronto hospital; emergency section. Under very uncomfortable conditions we waited 8 hours and 15 minutes to see a Doctor. This is simply unacceptable.