Lack of Energy Logistics Costs Canada Billions in Lost Revenue

Lack of Energy Logistics Costs Canada Billions in Lost Revenue 

Canada has lost $117B due to pipeline woes, says McKenna

With a Canadian Government that can ensure Energy Logistics and International Market Access for Resources and one that can help diversify Canadian Exports to Asia (India and China) the Canadian Economy and Canadian Dollar would greatly benefit.

Market Focus to Shift to 1Q2018 Business Results from Geo Politics

Market Focus will Shift to 1Q2018 Business Results from Geo Politics as companies start the reporting season for the latest quarter. The earnings growth is expected to be significant due to the reduced US Corporation Tax Rate and continued revenue growth in the Technology Sector.

As earnings increase in 2018 the market multiple which has seemed elevated over last 12 months would likely trend to a more reasonable range.

Netflix Is Now Worth Almost As Much As Disney

Netflix Is Now Worth Almost As Much As Disney.

After reporting impressive first-quarter subscriber growth that drove its stock higher more than 9% on Tuesday, Netflix Inc. (NFLX) is now worth nearly as much as the much older and larger Walt Disney Company (DIS) .

Netflix, which went public in May 2002, ended the day valued at just under $146 billion, compared to Disney's market cap of $153.6 billion. Disney's revenues dwarf those of Netflix's, having made $55.7 billion in the last 12 months compared to just $11.7 billion for Netflix. But Netflix has been growing significantly faster and is consequently valued much more highly by investors. Netflix's forward price-to-earnings ratio is 78, according to Thomson Reuters, versus just 14 times future earnings for Disney. 

Netflix shares have soared 75% this year alone, compared to Disney's 5% decline, and as Netflix nears Disney's market cap, it is gearing up for a head-to-head streaming battle with the Mouse House.

Brookfield GGP Bid Financing - Brookfield Gets Calpers, TIAA Financing for GGP Deal

Brookfield Property Partners LP has lined up a slate of heavyweight backers to help finance its planned takeover of GGP Inc. The California Public Employees’ Retirement System, a CBRE Group Inc. unit, Future Fund and TIAA affiliate TH Real Estate have agreed to invest in select GGP malls, according to people with knowledge of the matter. The properties weren’t identified.

Expect BPY to close GGP deal by Sep 2018 and if things go well it may be feasible by Jun 2018.