The yen back then

August 19, 2024 |Mark Ryan
Good afternoon, Markets enjoyed a good week, but you may wonder why we’ve had such a bumpy August? The back-story may bore you or fascinate you. Why has August been not so august? The Yen Carry Trade – did it Miscarry? The Yen Carry Trade Simplified:...
Read more

Rivers Run

August 09, 2024 |Mark Ryan
Good afternoon, High Plains Drifters: The picture is my brother and me, circa 1975 (I’m on the right) at likely the most picturesque stop along the Chilcotin river. The updraft from canyon there is face-burning, a dusty opened over door of sweet hot sage...
Read more

National Treasures

August 01, 2024 |Mark Ryan
Good afternoon, Living in Prince George and north-central BC since 1991, Jasper has been among our family’s greatest joys. It’s the most beautiful park on earth, and I’ll debate that with anyone. Our eldest daughter worked in Yellowstone for a summer...
Read more

Peasants Revolt

July 24, 2024 |Mark Ryan
Good afternoon, It was a momentous week, made messier today as a global computer glitch from a security firm’s software update (of all places) temporarily took down several important online functions pretty well everywhere, RBC included. So far it’s been...
Read more

Bad Breadth

July 08, 2024 |Mark Ryan
Good afternoon, Nixing the near-Nixon narrative. With our US counterparts enjoying their July long weekend festivities, some of our usual weekly analysis is not available today, but there’s always something! Comparing today’s political and financial environment...
Read more

Canada

June 28, 2024 |Mark Ryan
Good afternoon, I can’t not comment on the impending Capital Gains Tax increase, but I’ll keep it short. I’ve written a few professional-sounding letters over the years, and I thought this one might contribute to a thoughtful discussion: Dear Minister...
Read more

Fat cats taxing hats

June 11, 2024 |Mark Ryan
Good afternoon, First, some slightly disturbing tax trivia: According to one researcher, around 600 years ago in the Kingdom of Kongo (around the 1400’s?) taxes were quite severe and arbitrary, including one tax which was triggered each time the king’s...
Read more

And there went May

June 04, 2024 |Mark Ryan
Good afternoon, And there went May. I don’t usually pass along our canned plain-text letters, but today I thought I’d give readers a sample of one of our weekly print bits. It’s a more corporatey, technical read, but feel free to let me know if you’d...
Read more

The New Real

May 28, 2024 |Mark Ryan
Good afternoon, Although he was well before my time, I grew up believing FDR was inarguably the compassionate rescue hero of the 1930’s depression which both of my parents lived through. My dad was literally an unemployed young adult hobo during the 30’s...
Read more

Shucking the schmucks

May 21, 2024 |Mark Ryan
Good afternoon, Important Tax Alert for CCPC’s: For some readers, I’ll soon be sending along an important, and somewhat lengthy piece on the proposed new federal capital gains tax. This is especially (but not only) important for owners of Canadian Controlled...
Read more