April 30, 2022 | Trading Desk Notes For April 30, 2022

Stocks down – US Dollar and interest rates up Leading American stock indices fell to their lowest levels in over a year this week while the US Dollar Index hit a 20-year high. The Fed will launch an extended run of tighter monetary policy at their meeting next week. Stocks From All-Time Highs in January 2022, the S+P […]

April 30, 2022 | Financial Nightmare? Broker/Dealers: Where Dreams Are Exchanged For Commissions

Broker/Dealers (XBD) is an index representing the mechanics of the financial markets. After an outstanding run it has rolled over and is breaking down – taking three months.

April 30, 2022 | This Week in Money

• Bob Hoye – Bubble is over Bull Market is done
• Rick Ackerman –  US Dollar, Crude Oil, Inflation, Deflation
• Mark Leibovit –  Russia/Ukraine Conflict, Markets.  Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
• Zarko Meseldzija – CTO of American Manganese Inc. on Company Showcase – American Manganese CTO Zarko Meseldzija Answers Listener Questions. Read the Latest News.  Read PR Newswire Article – “Lars Carlstrom Announces Launch of Statevolt to Develop 54GWh Gigafactory in California“.  Read Bestmag Article – “Italvolt Signs MoU To Drive Plans for Italy’s First Lithium-ion Battery Gigafactory“.  Read Reuters Article – “Recycling Needed to Meet Europe’s Green Metals Needs-Study“. See AMY Lithium-ion Recycling Technology – Updated Dec. 2021.  

  Watch AMY’s Video – “Our Revolutionary Lithium-ion Battery Recycling Technology”.

  Questions?  Email Larry or Phone: 778.574.4444

April 29, 2022 | The Fed: To Hike – or Not to Hike in May

    To fight inflation, the Fed hiked short-term interest rates by 0.25% in March – and they are expected to hike rates by another 0.5% when the Fed meets next on May 3rd.   Does the Fed keep raising rates because inflation is at 8.5% and rising? Or does the Fed stop raising rates […]

April 29, 2022 | Battery Costs for Electric Vehicles are Soaring

Worldwide demand for battery electric vehicles is soaring. The cost of materials needed for vehicle batteries is rising even faster. Will the cost of batteries bring the electric vehicle revolution to a sudden halt? In some countries, such as Norway, the conversion to battery-electric vehicles (BEVs) is very advanced. With punitive taxes on internal combustion […]

April 29, 2022 | Bill Blaine: April Exposes Markets to Some Brutal Truths

by Bill Blain on Blain’s Morning Porridge: Sometimes the penny takes an awful long time to drop. April 2022 has been one of the most interesting months I’ve seen in nearly 40 years messing around in markets. 30 days have confirmed a massive and diametric shift in thinking is underway. Take a look at the […]

April 29, 2022 | NYSE Margin Debt and Recessions

Typically in bubbles, the recession starts when stock speculation fails.

April 29, 2022 | Is Recession Just Around the Corner?

Is China’s economic downturn everyone’s problem?

April 29, 2022 | American Manganese CTO Zarko Meseldzija Answers Listener Questions

Read the Latest News. Read PR Newswire Article – “Lars Carlstrom Announces Launch of Statevolt to Develop 54GWh Gigafactory in California“. Read Bestmag Article – “Italvolt Signs MoU To Drive Plans for Italy’s First Lithium-ion Battery Gigafactory“. Read Reuters Article – “Recycling Needed to Meet Europe’s Green Metals Needs-Study“. See AMY Lithium-ion Recycling Technology – Updated […]

April 28, 2022 | Crisis is Shutting Down – Capital Flows Begin

QUESTION #1: Now that Canadian banks have proven themselves completely compromised by Trudeau and his bootlickers, is there a “safer” haven for $CAD? US$ accounts held by Canadian banks are available but are they really any better? D QUESTION #2: Dear Mr. Armstrong, Thanks to your Blog I learned a long time ago that Europeans […]

April 28, 2022 | Owing More and Affording Less

Home price appreciation has far outstripped any median disposable income gains (after tax) in Canada over 20 years, particularly since 2020. Nationally, the relative home price change to the end of 2020 (on the lower right in blue, source) can be compared with disposable income gains (grey line) since 1975 and the much smaller overshoot in […]

April 28, 2022 | David Haggith: US Economy Crashes Headlong into Recession!

s it too extreme to say an annualized GDP growth number of minus 1.4% this quarter puts us in recession in THIS quarter, and is it too extreme to call that a “crash?” It is not in the least extreme, and I’ll tell you why, even though the standard definition of a recession is two […]

April 28, 2022 | Why Gold Miners Are So Attractive

Will the Fed back off its inflation battle?

April 28, 2022 | US GDP Negative Growth a Warning?

Household debt

April 27, 2022 | The Useless Class

Yuval Noah Harari, a self-described historian and one of Schwab’s loudest mouthpieces, believes that we will see the rise of the “useless class.” Harari noted how during the industrial revolution, people went from working on the farm to working in a car factory. He described it as transferring from one low-skilled job to another low-skilled […]

April 27, 2022 | Foreign Money To Stop Fossil Fuels Pouring into Canada

April 27, 2022 | Bubble Prices and Rising Rates are a Deflationary Force for Home Prices

BUSY WEEK!!! Where to start!? Let’s start with the most widely held and highly leveraged asset globally, housing. In the past few months, bond prices have dumped (spiking their yields) to discount for a whopping 3% of central bank rate hike plans over the next year.  The carrying cost of fixed-rate loans (which rise with […]

April 27, 2022 | Kitco News: Unintended consequences of U.S. dollar ‘weaponization’

by Anna Golubova on Kitco News: Are we witnessing a reversal in globalization? What are some unintended consequences of sanctions against Russia and the weaponization of the world’s reserve currency — the U.S. dollar? With uncertainty still the dominant theme going into the second quarter of 2022, the main beneficiaries in this environment are safe-haven […]

April 27, 2022 | Mortgage Volume Gets Crushed by Spiking Interest Rates: What it Means for Future Home Sales and Consumer Spending

Spiking mortgage rates multiply the effects of exploding home prices on mortgage payments, and it has taken layer after layer of homebuyers out of the market for the past four months. And we can see that. Mortgage applications to purchase a home fell further this week and were down 17% from a year ago, hitting […]

April 27, 2022 | Using Comparison Analysis For An Edge

Multi timeframe, as well as comparison analysis, have many benefits. As traders, we tend to utilize the shorter-term time frames to enter our trades and place our stops. But the BIG money is made from gleaning information from the longer-term charts. We would classify long term as monthly or weekly while short term would be […]

April 26, 2022 | Trudeau Admits He Does Not Understand Basic Math

In an old video that has resurfaced from Justin Trudeau’s days as a West Point Great Academy teacher, the now prime minister admitted that he struggles with basic math. “I have a slight learning disability…that was never addressed,” the 29-year-old teacher stated. “I am dysnumeric,” Trudeau said after self-diagnosing why he cannot understand small math […]

April 26, 2022 | Lew Rockwell: Using War to Assault Freedom

by Andrew P. Napolitano at Lew Rockwell: Most judges and lawyers agree that the war on drugs in the past 50 years has seriously diminished the right to privacy guaranteed by the Fourth Amendment. Now a small group of legal academics is arguing that the war in Ukraine should be used to diminish property rights […]

April 26, 2022 | Stocks are Behind the Curve (as usual)

The S&P 500 and the US government bond index are now down about 12% from their highs (similar to Canada’s treasury bond index). A big difference is that while this has been the largest drawdown for government bonds in 40 years (shown below since 1974), stocks are only about halfway to a -20% bear market […]

April 25, 2022 | Musk v Gates

Elon Musk destroyed Bill Gates over the weekend after texts between the two were leaked to the press. This may be the first time someone has put Bill Gates in his place and publicly shamed him for his hypocrisy. Per usual, Gates had his hand out looking to “discuss philanthropy possibilities” with a fellow billionaire. […]