On Tuesday, markets were higher with the S&P 500 up 0.5% and Toronto up 0.2%.
Penny stock RIWI was down 7.7%. The market has lost a lot of faith in this little company.
AutoCanada was up 4.5% and despite volatility has had an amazing recovery.
As of Wednesday morning, markets are down modestly. But oil is up once again with West Texas at U.S. $73.75.
Warren Buffett is out with an interesting letter on the subject of his philanthropy and also the philanthropy of everyday people. Well worth reading. The headline is that he resigned from the Gates foundation. He has resigned from all Boards except for Berkshire. It’s not entirely clear if this is to distance himself from Bill Gates but it probably is in part especially considering that Gates (quietly?) resigned from the Berkshire Board in March (I had failed to see that nrews until now).
https://www.berkshirehathaway.com/news/jun2321.pdfhttps://www.berkshirehathaway.com/news/jun2321.pdf