September 9, 2021 noon eastern time

As of mid-day Friday markets are about unchanged. Thursday they were down modestly.

Penny stock RIWI was up yesterday and is up another 12% today although on low volume of trading.

lululemon is up 11% today after releasing a strong earnings report.

Yesterday the Bank of Canada indicated it will continue to buy government bonds each week for some time yet. This bond buying is part of what is suppressing interest rates and pushing up the values of stocks and houses and other assets. Government as well as personal and commercial borrowing (greatly encouraged by the low rates) is directly adding to the money supply and is inflationary for all goods and services. When this will end, no one seems to know.

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