When Wall Street traders take advantage of the system, it’s called capitalism, but when outsiders do it, it’s called manipulation. Strange times…
Thursday news reads
If Canada can survive four years of Trump, it can navigate the new Buy American Joe Biden’s White House has more in common with Canadians than Trump ever did, but a new “Made in America” buy American plan puts our mutual economic recovery at risk. (On Site)
No going back: The abrupt turn to technology on construction job sites looks unstoppable The global pandemic, which accelerated the construction industry’s drive to adopt technology throughout 2020, may have been an aberration, but the widespread embrace of new tech tools on job sites is here to stay. It has also been a long time coming. Much of the industry has been integrating an increasing level of technology for the past decade. (On Site)
Top 10 Canadian construction trends to watch in 2021 After a turbulent 2020, which forced the industry to adapt on the fly to a series of new on-site safety protocols and an abruptly altered building market, contractors are facing volatility in the year ahead, with growth predicted in some segments of the market and decline in others. (On Site)
How can we stop the bleeding of youth fleeing a wounded Calgary? The flight of young talent is bad enough. The suggestion that there are few opportunities beyond traditional industries is even worse (Calgary Herald)
Causes for cautious optimism Uncertainty abounds, but 2021 promises opportunities in equities markets (Investment Executive)
This Is The Power Gap he first equal pay legislation in Canada passed in 1951, making it illegal to pay men and women in the same job different salaries. Women overtook men among university graduates three decades ago. Today, women represent just under half of the workforce. And yet, men still dramatically outnumber, outrank and outearn women. (Globe and Mail)
Investing in a Bubble: Spotting Bubbles is Easier than Investing through Them The S&P 500 index soared 38% in 1995. This sharp increase, following four years of steady gains, made some of the smartest investors on Wall Street begin to grow wary of a bubble in the making. We found that the investors we studied almost all perceived the market to be in a bubble, but almost all of them were too early in making the call. It’s easier to predict what will happen, it turns out, than when it will happen. (Verdad)
The Triumph of Dumb Money: It may be a “digital boiler room,” but Robinhood mostly won 2020. Does a reckoning await? (Institutional Investor)
History Has a Warning for GameStop Traders The SEC can take steps right now to curb the day-trading frenzy and help safeguard the investing public. (Bloomberg)
How Does This End? Let’s have an honest conversation about GameStop. (DealBook)
GameStop Corp Percent of Shares Outstanding Short % Change
