Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

June 14, 2025 | Trading Desk Notes for June 14, 2025

Israel attacked Iran – price action was subdued Nymex WTI futures spiked ~$10 on the news, to the highest prices since January, but closed the day (and the week) ~$5 below the highs. The setback from Friday’s highs may have been an excellent example of “buy the rumour, sell the news.” At Friday’s highs, WTI was up ~30% […]

June 14, 2025 | Tech Talk for Saturday June 14th 2025

The Bottom Line Volatility spiked in U.S. equity markets on Friday mainly due to the increasing military conflict between Israel and Iran. The VIX Index moved above 20.

June 13, 2025 | Canada Doubles Down on Defense

Guest Post – Canada has long been under pressure from its NATO allies to meet the alliance’s military spending benchmark of 2% of GDP. For decades, Ottawa has lagged behind, spending roughly 1.45% of GDP on defense. But in a surprising move, Prime Minister Mark Carney announced that Canada will reach the 2% target this […]

June 13, 2025 | Market Pulse – June 13/25

Today’s market action was driven by the ’black swan’ event of Israel attacking Iran. The escalation follows years of mounting tensions, covert operations, and open threats between Israel and Iran, particularly over Iran’s nuclear ambitions and Israel’s repeated warnings that it would act to prevent Iran from acquiring nuclear weapons. Israel’s Operation Rising Lion, launched […]

June 13, 2025 | Israel Attacks Iran to Stop Trump?

QUESTION: Mr. Armstrong, either the world is using Socrates, or this is always one hell of a coincidence, which I do not believe. The defense stocks moved days before the Hamas attack. You projected that the war would start in Ukraine more than a year in advance. When are you going to come clean and […]

June 12, 2025 | The Precious Metals Bull Market Enters “Normal” Territory

The past few years have been great for gold but “meh” for silver and precious metals mining stocks. At one point in April, gold was 104 times more valuable than silver, an extreme reading for a ratio that normally tops out in the 80s or low 90s. As for the miners, as “leveraged bets on […]

June 12, 2025 | US to Take Ukraine off Payroll

While domestic small businesses suffered under Biden-Harris, Ukraine saw a boost in their small business thanks to billions in grants that were paid for by the US taxpayer. USAID subsidized Ukrainian businesses through co-investment programs, interest rate compensation on loans, cashback incentives for leading equipment, and direct financial support. All in all, USAID’s “Investment for […]

June 12, 2025 | Bitcoin Owners Hide Crypto Codes Etched on Metal Cards in 4 Continents

All the hype about cryptocurrencies being more secure than conventional currencies and banks. How safe, secure and practical does all of this sound? See, ‘Bitcoin Family’ hides crypto codes etched onto metal cards on four continents after recent kidnappings: The family’s new system involves splitting a single 24-word bitcoin seed phrase — the cryptographic key that […]

June 11, 2025 | US Total Petroleum Stocks Rise 6.4 Mb Last Week. WTI Crude Prices Have Downside Risk Below US$60/b.

Summary: China and the US meeting in London has come out with an outline of a trade deal. This will leave US Tariff’s on China at 30% and China’s Tariffs on the US at 10%. The win for the US was that China would supply critical minerals (rare earths and specialized magnets needed for all […]

June 11, 2025 | World Bank Cuts Global Growth Outlook

The World Bank sharply cut its global economic growth forecast. It now projects the global economy to expand by 2.3% in 2025, down from an earlier forecast of 2.7% (below, courtesy of Bloomberg). This would mark the slowest rate of global growth, outside of a recession, since 2008. Growth is expected to recover modestly to […]

June 11, 2025 | Why Platinum Is In Our Portfolio

For most of the past couple of years, our gold, silver, and copper ETFs have done pretty well. But the lone platinum ETF in our Portfolio just sat there, hardly moving at all. Then, seemingly out of the blue, platinum’s price spiked, taking our ETF along for the ride: What Happened?   Several things combined to convert platinum from […]

June 10, 2025 | Wise To Be Wary

Worried about tariff-inspired inflation, the US Federal Reserve has held its overnight target rate steady at 4.25 to 4.5% since December, and markets have walked back easing expectations to just two 25 basis point cuts by year-end. At the same time, businesses are warning that constantly shifting trade policies are hindering their ability to plan […]

June 10, 2025 | The End of the Fiat Currency Experiment, in Seven Charts

Anyone with a grasp of human nature in 1971 would have understood that giving governments monetary printing presses untethered to anything real would produce a world awash in debt. And that’s exactly what we got: For a sense of the scale we’re now working with, consider the concept of “trillion”: A million seconds ago was May 23rd […]

June 10, 2025 | Every Single Democratic Governor Sided with the Professional Agitators

  “Every single Democratic governor agrees,” California Gov. Gavin Newsom posted on X along with a letter supporting the rioters. Every single Democrat received the memo that the plan to “fight Trump” entails permitting their minions to burn down another city. In addition to 4,000 National Guard troops, the White House has deployed a group […]

June 9, 2025 | State-Funded Chaos in California

   The Los Angeles riots exemplify the left’s ongoing approach to dissenting political policies—violence. Rioters are burning the city of Los Angeles to the ground, yet again, while Democrats clap and condemn the Trump Administration for causing the destruction. Dozens of innocent people have been injured. The financial toll of these riots has not […]

June 9, 2025 | We Got No Jobs

Happy Monday Morning! It was a tough week for mortgage shoppers in Canada. The Bank of Canada held rates for the second consecutive meeting. BoC’s Macklem emphasized a wait and see approach, noting, “The Bank’s preferred measures of core inflation as well as other measures of underlying inflation moved up in April. We will be […]

June 9, 2025 | The Housing Bust Is Here: Sellers Outnumber Buyers by 500,000

Here, in very short form, is how housing busts normally happen: A “seller’s market” evolves, where buyers have to pay up to get their first choice. Prices rise gradually, and then quickly, as buyers start to panic and sellers are emboldened to hold out for more. This boom continues until the average buyer can’t afford […]

June 9, 2025 | Bank of Canada Holds While The Economy Devolves

Canada’s unemployment rate has climbed to 7% from 6.2% a year ago, and up 210 basis points from 4.9% in June 2022 (chart below via The DailyShot). Excluding the pandemic, this is the highest unemployment rate since 2016 (Statscan report here). A 180-basis-point increase in the jobless rate over two years has historically been a […]

June 9, 2025 | We Are Being Amused And Abused To Death

“But we had forgotten that alongside Orwell’s dark vision, there was another—slightly older, slightly less well known, equally chilling: Aldous Huxley’s Brave New World. Contrary to common belief even among the educated, Huxley and Orwell did not prophesy the same thing. Orwell warns that we will be overcome by an externally imposed oppression. But in […]

June 8, 2025 | Ukraine on Fire – The Flatlining of a Country

    QUESTION: Marty, with so many markets all showing sharp rises in volatility of panic cycles in 2026, ahead of what appears to be a significant turn in 2027, the rumor is that your computer will be correct. According to my military sources, Ukraine is expected to fall by August or by 2026. They […]

June 8, 2025 | Summer Topping Process Could Get Messy

The stock market is in a topping process, brazenly manipulated by white-collar carnies who cut their teeth at Sloan, Wharton and Stanford. These newly trained ass-bandits have been working Microsoft shares to hold the broad averages aloft while they offload inventory to widows, pensioners and assorted other bag holders. I described in detail how this […]

June 8, 2025 | Good News and Creative Destruction

“We desperately as a country want to destroy more jobs. That is the only good outcome in the next 10 years…” Joe Lonsdale, Venture Capitalist and SIC speaker (Joe is right, but it is critical you understand why he is right if you want to understand the future. -JM) “The answer to the question “Where […]

June 7, 2025 | Trading Desk Notes for June 7, 2025

Silver surges to a 13-year high Comex July silver futures reached a 13-year high of ~$36.50 this week, up ~10% for the week and ~30% from the April 7 lows. Some analysts suggested that Chinese speculative buying of silver (now that gold is “too expensive”) fuelled the rally. Silver rallied to ~$50 in 2011, at the […]

Next Page »


Copyright © Howe Street Media Inc. 2002 - 2025. ALL RIGHTS RESERVED.