ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
July 4, 2025 | Clean Energy Reclaims Market Leadership
At the start of the year, the narrative was straightforward: fossil fuel producers stood to benefit from supportive domestic policy, while clean energy—out of favour politically and commercially—looked set to lag. Markets had priced in a resurgence in drilling, with investor consensus leaning heavily toward traditional hydrocarbons. That view hasn’t aged well. Six months on, […]
July 4, 2025 | Happy Fourth of July
Today marks the anniversary of a revolution—not merely against a king, but against tyranny in all its forms. The Founding Fathers didn’t establish a democracy; they created a constitutional republic, understanding full well that democracy often devolves into mob rule and eventually leads to tyranny. As always, Socrates is tracking the path ahead. The […]
July 4, 2025 | BRICS Digital Currency, Gold Standard
Bloated BC Mayor pay “evil”.
July 4, 2025 | US Interest Rates Will Drop When This Happens
How long will equity market records continue to be set?
July 3, 2025 | Recession is Here?
David Rosenberg, founder and president of Rosenberg Research, believes recession odds are higher than 2022 despite nobody expecting one, pointing to Fed staff forecasting 50% recession probability and the most downbeat Beige Book since 1980. Rosenberg criticizes Powell for calling the economy “solid” while real GDP has been negative sequentially in 2 of the past […]
July 3, 2025 | Lower Oil Prices Good for Stock Market
Bitcoin testing new highs.
July 2, 2025 | US Crude Product Inventories Rise 9.6 Mb Last Week As US Gasoline Consumption Falls Materially
Summary: President Trump wants to sign his ‘BIG, BEAUTIFUL BILL” on Independence Day – July 4th but the alternative Senate and House bills need to be reconciled and then voted upon again before being sent to the President. Big differences on Medicaid access, the SALT deduction for high tax states (I.e. Blue Democratic States with […]
July 2, 2025 | The Economic Confidence Model v the 80-Year Cyclical Theory
The concept of cycles is becoming accepted in Western culture. Recently, people have been focusing on what they deem the 80-year cyclical theory, which marks a significant shift in humanity. While this may be true, as it takes a few generations to change society, they are not incorporating the additional nuisances associated with the […]
July 2, 2025 | Why the Gold Bull Market Has Legs, in Six Charts And silver…
There are a lot of “xx priced in gold” charts floating around, most of which show that stocks, houses, and pretty much everything else aren’t actually going up in real (i.e., gold-adjusted) terms. They only appear to be in bull markets because we’re measuring them with declining fiat currencies. Here’s an unusual example: The Porsche […]
July 2, 2025 | Chinese Economy Disappointed in June
Leland Miller, China Beige Book CEO, joins ‘Squawk Box’ to discuss the state of China’s economy, impact of U.S.-China trade negotiations, how much leverage the country has over the U.S., and more. Here is a direct video link.
July 1, 2025 | 43% of Americans Near Poverty Place Essential Purchases on Credit
The PYMNTS Intelligence report “Financial Lifestyles Shape Credit Reliance” revealed that American consumers are struggling to afford the basic essentials. Prices have been elevated since the worldwide pandemic shutdown the global economy and have not gone down in a meaningful way. The study found that 43% of American households who are a paycheck away from […]