Rich Diaz
π€ SpeakerAppearances Over Time
Podcast Appearances
It has about 40 different assets, including currencies, equity styles, commodities, bonds, and just regular equities or equity indices, I'd say.
The only two that are up
on the month are the dollar, DXY, and oil at 1% and 1.8% month to date, respectively.
The COPSE, the Korean Stock Exchange...
crushed this week 10 they had a halt i think a couple weeks ago we talked about it so just to pay it off but it's still don't worry it's don't worry folks in korea i know we have lots of listeners in korea it's still up 113 in the year but it is amazing that it was halted in trading meaning it like hit a circuit breaker so they had to stop the trading because it fell too much too fast so and what's fascinating about that run-up though that the the korean market had um
what is he thinking that the truthiness is uh what do you it's a lot of truth here there's a lot of truth here in time the loony hour will be right on this one um they will scrap all of this stuff whether it's it may not be this current administration but eventually all this stuff will go away that is my i don't know if i share that same optimism as you but
Keep in mind, Canada is 1.2%, 1.3%, 1.4% of global emissions, and that percentage is falling.
It's a compelling argument.
I'm the son of an immigrant.
There's a third way, which is, you know, eventually... So, like, again, I'm just an optimist, and I'm going to continue to be silly, so forgive me.
But, like, you know, five years ago, they had this EV mandate.
The inevitability of how stupid it was became so blindingly obvious to everyone that they had to walk it back, move the goalposts, and they'll continue to do it until it's no longer a thing.
You know, there was an opposition leader that put enough pressure on an un...
popular lead another unpopular prime minister such that they had to they eventually cut the carbon tax so there is a vend there is an avenue where you just eventually have politicians just slink away from what is otherwise a very useless policy so anyway i don't know again maybe i'm naive i know rich you and i were we're arguing about this over a couple pints at ben's cabin but like
I don't think mine is the likely outcome.
I just think it's possible.
How about that?
There you go.
Talk about walking back your views.
I just walked back my view.