Day: September 5, 2018

Bloomberg Markets: Tony Scherrer on Banks

‘Amazing Numbers’ at Canadian Banks Are No Match for U.S. Tax Cuts By Doug Alexander For more information go to www.bloomberg.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no

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Big Tech’s Three Identical Strangers

The U.S. government must determine how to deal with the negative consequences of some of the last decade’s most successful internet-based businesses. Google, Facebook and Amazon grew up as strangers and have developed monopolies in search, social media and in e-commerce. The stock market has been very excited about the control over people they have attained and the “big data” they use in advertising and e-commerce. In many ways, these tech behemoths are “three identical strangers.”

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