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November 29, 2025 | Trading Desk Notes for November 29, 2025

Leading global stock indices bounced back this week following the recent “excessive optimism purge” The S&P reached record highs on October 9, but tumbled on the 10th amid China’s threat to withhold essential rare earths (blue ellipse). The market rallied back on AI enthusiasm and gapped higher over the October 24/25 weekend (pink ellipse) to reach new record […]

November 29, 2025 | This Week in Money

November 28, 2025 | Pipeline Politics Meets Demand Reality

Alberta and Ottawa’s sweeping new energy accord, signed by Prime Minister Mark Carney and Premier Danielle Smith, is being framed as a nation‑building effort Alberta and Ottawa’s sweeping new energy accord, signed by Prime Minister Mark Carney and Premier Danielle Smith, is being framed as a nation‑building effort to position Canada as a global energy […]

November 28, 2025 | Why Your Portfolio Might Go Higher in December

Silver and Lithium streaking higher

November 28, 2025 | Is the Santa Claus Market Rally a Myth?

Why October inflation plunged

November 27, 2025 | Happy Thanksgiving

 

November 26, 2025 | Training AI vs. Inference AI

Artificial intelligence (AI) isn’t one big process – it’s like a two-part job: training (teaching the AI) and inference (using what it learned). Each part needs different computer hardware, called chips, which is why companies like Nvidia and AMD lead in some areas, while others compete elsewhere. For investors, understanding this split helps spot opportunities […]

November 25, 2025 | Connecting The Dots….Reveals A Dire Picture

Reflect on what happens when a terrible winter blizzard strikes. You hear the weather warning but probably fail to act on it. The sky darkens. Then the storm hits with full fury, and the air is a howling whiteness. One by one, your links to the machine age break down. Electricity flickers out, cutting off […]

November 24, 2025 | Happy Third Birthday, AI Mania

November marks the third anniversary of ChatGPT, OpenAI’s AI language model. Since the fall of 2022, competitor models have been released, including Claude (Anthropic), Gemini (Google), Copilot (Microsoft), Llama-based systems (Meta ecosystem), Mistral (Europe) and others. OpenAI and its partners have been pumping hundreds of billions of dollars into new data centers in the United […]

November 23, 2025 | Trump’s 28-Point Peace Plan

  Peace is on the table—my detailed outline for ending the Russia-Ukraine-NATO war has been read and received by Moscow and Washington. Peace only emerges when both sides have something to gain and nothing to lose by walking away from war. Washington is listening; the Trump Administration’s 28-point peace plan for Russia successfully changed the […]

November 22, 2025 | Trading Desk Notes for November 22, 2025

Volatile price action in leading global stock indices At Friday’s lows, the S&P was down ~6% from the October all-time highs, and the NAZ was down ~9%. Aggressive bullish sentiment and positioning in AI fuelled the run to October’s highs, but prices began to slip in November amid concerns about massive capex expenditures. Bulls were hoping NVDA […]

November 22, 2025 | This Week in Money

November 21, 2025 | Nvidia Earnings: Strong Results, Stronger Expectations

Nvidia once again reminded investors why it sits at the center of today’s market narrative. Late Wednesday, the chipmaker reported fiscal third‑quarter results that exceeded Wall Street’s expectations and offered a revenue outlook for the January quarter that was even more impressive.   Source: FactSet For the October quarter, Nvidia posted adjusted earnings per share […]

November 21, 2025 | Becoming Invisible, Part 18: Your Family Needs a “Safe Word”

Has anyone else been watching the 3I/Atlas story about the interstellar object passing through our solar system, igniting debate over whether it’s alien tech or just an ordinary rock? Some well-known scientists have appeared on YouTube, asserting that it’s clearly artificial. Except that it’s those scientists who are artificial. Most are AI-generated impostors saying things the real […]

November 21, 2025 | Fear of Major Market Correction

The hypocrisy at major environmental conference

November 20, 2025 | Governments to Begin Collecting DNA at BIRTH

  El Salvador passed a law that requires newborns to submit their DNA to a government-wide database. President Nayib Bukele claims genetic verification is necessary to ensure the paternity of the child. “This is not a law against women, but against lies: there will be no more fathers raising children who are not their own,” […]

November 20, 2025 | Conspiracy Theories, Cryptos, Canada Break Up, Q

Digital ID, WEF, Chemtrails, Dismantling The Deep State

November 20, 2025 | Rising Japanese Bonds Spooking Stock Market

Has Bitcoin run out of steam?

November 19, 2025 | US Collecting Biometric Data for Canadian Visitors

  Governments use national security as the premise for increased surveillance. Due to a law passed in April, Canadians visiting the US must submit biometric data in order to enter the US if they wish to stay longer than 29 days. Beginning next month, everyone will be forced to submit their data to the government. […]

November 18, 2025 | Inflation’s Hidden Impact: What Investors Need to Know Now

During the COVID-19 pandemic, inflation surged due to multiple factors. Governments worldwide shut down supply chains, drastically limiting the supply of goods. With fewer goods available and more buyers, prices rose. At the same time, massive government stimulus inflows, with the US alone distributing about $5 trillion, fueled demand further, accelerating inflation. Central banks also […]

November 17, 2025 | Why New York City Needs a Public Bank

from ScheerPost   We will build a city-owned bank — not to serve shareholders, but to serve you. A bank that invests in housing, in transit, in climate resilience. A bank that puts our money to work for our people.” — Zohran Mamdani, Victory Speech, Nov. 4, 2025 New York City has elected a mayor […]

November 17, 2025 | Incoming: Millions of Water Refugees from Iran

Tehran is at risk of becoming uninhabitable due to a severe drought that has led to a severe water shortage. The drought has been the catalyst to expose decades of government mismanagement that caused Iran’s water supply to run dry. Now, the government is prepared to issue a city-wide evacuation notice in Tehran if the […]

November 16, 2025 | New Book on Martin A. Armstrong – the Armstrong Economic Code

What if the economy wasn’t chaotic at all-but followed a hidden code? The Armstrong Economic Code reveals the powerful cyclical patterns discovered by legendary forecaster Martin A. Armstrong, whose Economic Confidence Model (ECM) has predicted every major boom, bust, and geopolitical shift for more than four decades. Compiled and expanded by Kerry Lutz, host of the […]

November 16, 2025 | ‘Affordability’ Will Be Trump’s Waterloo

The ‘affordability’ issue percolated to the top of the news last week, but in a peculiar way. On the right, the debate was not about whether things in general are becoming less affordable for most Americans, as they unmistakably are, but whether the left has blown the issue far out of proportion to create a […]

November 15, 2025 | Trading Desk Notes for November 15, 2025

Too much leverage? A couple of weeks ago, I wrote that “too much leverage in the market’s Achilles heel.” Google AI defines Achilles heel as: “a metaphor for a fatal weakness or vulnerability in an otherwise strong person or thing.”   I’ve traded futures and options for nearly fifty years. It’s a venue that offers exceptional opportunities for […]

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