April 18, 2026 | Trading Desk Notes for April 18, 2026
The leading stock indices surged to new record highs this week S&P futures closed green for 14 of the past 15 trading days, rising ~13% to new all-time highs. Half of those gains came this week. The market gapped down 100 points on Sunday afternoon following “no agreement” at the Islamabad peace talks, but then soared […]
April 18, 2026 | This Week in Money
- Ross Clark: Stock Markets, Gold, Silver, Oil, USD, Canadian Dollar, Bitcoin.
- Ted Dixon: (9:34) Iran War, Canada, AI.
- Jim Willie: (42:48) Canada, Greenland, Cuba, Oil, Gold, Copper, Cryptocurrencies.
April 17, 2026 | The Hang Seng index is in a unique bear market
Remember the investors who saw what nobody else could see in 2007? There may be another moment like that unfolding right now — this time in Hong Kong. The Hang Seng Tech index is dirt cheap today and the companies leading it are doing well in their businesses even as they trade at extremely low […]
April 17, 2026 | Home Ownership vs Rent and Invest
The history of super equity bubbles and collapses
April 16, 2026 | The Rise of AI in Payments Is Not About Convenience
Visa has just unveiled a new suite of artificial intelligence tools designed to overhaul how credit card disputes are handled, and once again this is being presented as a simple evolution toward efficiency and improved customer experience, yet when you step back and examine the scale of what is unfolding, this is clearly part […]
April 16, 2026 | Silver and Copper Have Huge Potential Growth
Is Oil actually still “cheap”?
April 15, 2026 | Canadian Bank Regulator Cites Rising Loan Defaults as Number One Risk
As of January 2026, 3.1 million Canadian mortgages, or 52 percent of all outstanding, were due to renew by the end of 2027, according to the latest report from the Office of the Superintendent of Financial Institutions (OSFI). Of these renewals, 1.3 million are fixed-rate mortgages or variable-rate mortgages with fixed payments that will be […]
April 14, 2026 | Used EV Market Exposes the Cracks
Reports indicate that a wave of used EVs is beginning to hit the market as leases expire, forcing automakers to rethink how they handle pricing and inventory. What was once sold as the inevitable future is now a dud cause with minimal demand. When those vehicles return to the secondary market, they must compete on […]
April 13, 2026 | Shortages Create Gluts
Happy Monday Morning! As we have highlighted previously, the rental market is undergoing a significant correction, and it appears poised to continue. The city of Vancouver saw 2300 purpose-built rental units completed in 2025, the highest in four decades! Source: Daily Hive Keep in mind this is completions. We still have a pipeline full of […]
April 13, 2026 | The Quiet Rise of Capital Controls in America
What most people fail to understand is that governments do not lose control overnight. They lose it gradually, and then they respond in stages. First comes rising debt. Then comes higher taxation. When that fails to produce the expected revenue, the next step is not reform. It is restriction. We are now entering that […]
April 12, 2026 | AI Layoffs: Prisoner’s Dilemma + Red Queen = Unavoidable Depression
Academia is starting to analyze “AI layoffs,” and the result is not pretty. A recent study seems to conclude that another Great Depression is unavoidable. From an X post summary, with a few links added for context: Two researchers from UPenn and Boston University just published a paper called “The AI Layoff Trap”. They proved something terrifying.. Every […]
April 12, 2026 | Prop Desk Crooks Take an Unscheduled Breather
It is neither bulls nor bears who move the markets, but crooks, mostly. Spectacular but fleeting rallies draw nearly all of their buying power from panicky short covering that is easily triggered and deftly harvested. I have previously discussed this phenomenon, which is most visible when stocks take unseemly leaps at the opening bell. Although […]
April 11, 2026 | Trading Desk Notes for April 11, 2026
Global stocks surge higher as Iran war escalation risks fall At the end of March, the S&P was down ~10.5% from January’s record highs (blue ellipse), but has since rallied over 7% as the market priced in a reduced risk of escalation in the Iran war. Notably, the market began to rally five days before Trump’s latest escalation […]
April 11, 2026 | This Week in Money
- Victor Adair: Stock Markets, Oil, Gold, Silver, Currencies.
- Josef Schachter: (11:11) Energy Market, Iran War, EV’s, Lithium-ion Batteries, Private Debt Market.
- John Rubino: (51:51) World Economy, Oil Prices, Solar Energy, Electric Vehicles, AI Data Centres.
- Hilliard MacBeth: (1:15:39) Iran War, Canada’s Condo Market.
April 10, 2026 | Energy Protests in Ireland
Ireland is now confronting a full-scale energy protest movement that has gone far beyond symbolic demonstrations. What began as opposition to rising fuel costs has escalated into coordinated nationwide disruption, with farmers, haulers, and transport operators blocking major motorways, fuel depots, and even the country’s only oil refinery. The scale is unprecedented, with convoys […]
April 10, 2026 | All Wars Are Bankers’ Wars: Iran and the Bankers’ Endgame
From Scheer Post “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.” —Prof. Caroll Quigley, Georgetown University, Tragedy and Hope (1966) In […]
April 10, 2026 | Strategies to Deal With Market Downturn
How long for economy to follow a market decline?
April 9, 2026 | Europe Begins Energy Rationing as the Crisis Moves Into Daily Life
Europe is now removing any doubt about the seriousness of this crisis, because governments do not tell millions of people to stay home from work unless there is a genuine shortage forming beneath the surface. The European Union has begun urging citizens to work from home, drive less, reduce speed limits, and cut overall […]
April 9, 2026 | Why Stock Traders Should be Optimistic
It might take quite some time for Gold to bounce back.
April 9, 2026 | Too Much Focus on Oil Hiding Stock Market Problems
Will higher fuel prices revive the EV sector?
April 8, 2026 | The Hormuz Ceasefire Looks Like Good News for Oil. It Isn’t — Not Yet
Don’t Pop the Champagne: Why the Hormuz Ceasefire May Be a Head Fake for Energy Investors When I appeared on This Week in Money on April 2, I warned that a ceasefire headline would trigger exactly this kind of knee-jerk drop in oil prices — and that investors should not mistake it for the all-clear. Six days […]
April 7, 2026 | Recession Watch: Everything All At Once
Tech layoffs have become front-page news… And the picture for this year’s class of graduating coders is apocalyptic. From Tech Layoff Tracker: Computer science professor at a major state university just finished the worst faculty meeting in 32 years of academia Department head dropped the placement statistics like a bomb at 2:47 PM on a Wednesday 2023: 89% […]
April 6, 2026 | A Little Less
Happy Monday Morning! Last week we wrote a piece titled ‘Vulture Funds’ in which we highlighted the quasi bailout of the construction industry via sweeping policy changes from the Ontario government and the federal government. The immediate removal of the HST tax, the taxpayer backed vulture fund used to acquire unsold condos, and now the […]
April 5, 2026 | A Dreadful ‘What If’ Could Turn the Bear Savage
Did you fade the Dow’s 1100-point rally on Tuesday, or the nearly 500-point follow-through the next day like I told you to? I’d written here a few weeks ago that shorting into strength these days offers the best odds bears have gotten in decades. Stocks had spent four months building an obvious top, and finally, […]
April 4, 2026 | Trading Desk Notes for April 4, 2026
Bear market rally in the S&P? The S&P closed at an 8-month low on Monday (blue ellipse), after closing lower for five consecutive weeks, and then rallied nearly 4% to Thursday’s close, even though Trump threatened to hit Iran very hard over the next 2 – 3 weeks in his Wednesday evening speech. The nearly 300-point […]















