The largely friendly U.S. neighbor who gave us Bob and Doug McKenzie and Tim Hortons’ doughnuts is bearing less welcome gifts as of late —- yellow New York skies and a rate hike that sparked a Fed meeting rethink. So it may be a grind between now and next week’s CPI data and Fed decision.
“Even idiots understand golf is a perfect business – like drugs. Donald Trump owns a couple up in Scotland, but uniquely, they are absolute money black holes,” he notes. Blain points out that following last season’s Formula One FWONK racing, he found himself buying books on F1 engineering, reawakened by TV and media coverage. Expect the Netflix documentary “Full Swing” about pro golf players to help out, he said.
For more market updates plus actionable trade ideas for stocks, options and crypto, subscribe to MarketDiem by Investor’s Business Daily. New York plans to distribute 1 million free N95 masks Thursday amid hazardous smoke levels from Canadian wildfires, that has created the worst air quality in the world.