Its fascinating to revisit perspectives from some time ago, and conclude that it was either prescient, brilliant, smart or just plain dumb. As you know we always say that "We don't follow, we lead" while our thoughts are often a little too far ahead.
We also mention to connect dots and obvious be your own editor with the myriad of opinions that are generated on an ongoing basis.
Was it smart or not smart to ramp up the production of oil, to lower prices, to alter economies, to effect change.
Agreed there is already a good portion of a "cloud" (hard drives are so passe by now) somewhere full of opinions from pundits, analysts, experts on the impact of oil.
Oil has reshuffled the world order be it for the right or wrong reasons. As the current price of oil increases it will recalibrate the reshuffled order. With folks looking back and saying "we told you so" while others will look ahead and also say "we told you so".
The reshuffling has impacted Canada, created a new order, that will be recalibrated in the months and years to come.
Another portion of a cloud is full of various thoughts on the recent federal election in Canada. Which campaign resonated, which one missed the mark. Who had momentum, who was disconnected, and so on.
At Strada we connected a few dots...
For years CMS (Citizen Main Street) was encouraged to increase the level of debt they carried to support the Canadian economy, that was powered by oil and consumer debt. Oil got reshuffled, while consumer debt had reached its rational (or is it irrational) maximum.
In the meantime the government is balancing the books, offering more of the same. While the oil situation is not really sustainable, and the debt situation is at the end of its rope.
We all know the outcome "real change" carried the day. When it came time CMS made a brilliant decision "we collectively have our asses on the line, we need a government that will also puts its ass on the line".
Record year on top of a record year, its never been seen before in Canada. The 3rd largest auto market in Canada (Alberta) is struggling and its still a record year.
Yes...there is the surge in utility vehicles, and the continuing free flowing money from banks.
Lets not forget that "premium economy" is reshuffling segments of the market.
While CMS is inexorably migrating from an ownership to a mobility model.
From car (sedan) to utility, from ownership to mobility.