ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
March 10, 2025 | DOGE Uncovers Another $3B Wasted on Climate Change
Sunnova Energy, a solar panel company based in Texas, has filed for bankruptcy. It is not shocking for a solar panel company to go under as the demand is simply not there. Upfront costs could range into tens of thousands and it takes years to see actual savings. The Biden Administration spent more than […]
March 9, 2025 | It’s All About Buying Those Dips
I’ve written here before about how the broad averages have struggled to go lower during what could turn out to be the initial phase of a bear market. Many traders, particularly greenhorns too young to have never experienced a bear market, appear to be buying each step of the way down. They could do so […]
March 9, 2025 | Europe Preparing for War To Conquer Russia
The European Parliament President Roberta Metsola has completely sealed the fate of Europe and its desire for self-destruction. She is now claiming that it is Ukraine that is defending Europe against a full-scale invasion by Russia. Ukraine is fighting for the security of Europe. This is the image that Metsola is promoting to […]
March 8, 2025 | Trading Desk Notes for March 8, 2025
Current positioning: On Friday, March 7, I bought the S&P and shorted the Yen, Gold and T-Note calls. I held those positions into the weekend. See the short-term trading section below for more detail. A weaker US Dollar and a weaker US stock market The S&P (my favourite risk barometer) closed lower for three consecutive weeks, […]
March 8, 2025 | Rhyming History: The 1990s Dot-Com Bubble
After World War II, the US and its allies were worried about staying in touch during a nuclear war. So they (I’m vastly over-simplifying here) created networking protocols and tools that eventually became the Internet. At first, these links were limited to scientists and the military. But as the tech was refined, it became clear […]
March 8, 2025 | Top Ukrainian Journalist Calls for Assassination of Trump
Even the NY Times is starting to report that Ukrainian media paints a winning image of their war to kill every Russian on the planet. This is Karp;iak’s TV show which spurts out nothing but Ukrainian lies and propaganda. This is a war no different than World War II, when the Ukrainians were engaged […]
March 8, 2025 | Tech Talk for Saturday March 8th 2025
The Bottom Line Seasonal weakness in U.S. equity markets continues: Analysts continue to lower earnings estimates for large cap U.S. companies. A possible temporary shutdown of U.S. government finances looms prior to expiry of the debt ceiling on March 14th. Seasonal influences historically have bottomed in the second half of March. Technical signs of a […]
March 7, 2025 | About That: Canadian Debt and Defaults
Despite cooling inflation, a falling interest rate and steady employment numbers, more and more Canadians are missing payments on their loans and mortgages. Andrew Chang explains what’s going on. Here is a direct video link. Also worthwhile, see Can the US Auto Industry Survive without Canada? President Donald Trump says he wants every car sold in the […]
March 7, 2025 | President Trump is Demanding More Defense Spending from NATO Countries
President Trump mused recently that NATO members should be spending 5 percent of their GDP on defense. This new goal is a large increase from the current target of 2 percent of GDP. Trump has also claimed that NATO member countries have failed to pay their dues to NATO. But countries do not “pay money […]
March 6, 2025 | The JFK Files Released
https://www.archives.gov/research/jfk
March 6, 2025 | Germany Chooses Inflation. Bond Investors Say “No Thanks”
Germans are known for their aversion to monetary instability, with good reason. They were victims of an epic hyperinflation in the 1920s, and don’t want to go back there. See: Rhyming History: Weimar Germany’s Hyperinflation. Now fast forward to the 2010s, when Germany was widely seen as both the best-run major country and the financial bedrock of […]
March 6, 2025 | Hoisington Q4 2024 Review and Outlook
Well before the rising layoffs and economic disruptions in the first quarter of 2025, the global economy was registering a recessionary rise in unemployment and excess capacity, along with an accelerating decline in world dollar liquidity (WDL). Hoisington’s Q4 2024 Review and Outlook explains the historical significance of these key indicators. Here’s a taste: Factories across the […]
March 5, 2025 | Hungary and Slovakia to Vote Against Ukrainian Aid Package
The war in Ukraine has disproportionately hurt Hungary and Slovakia. To add insult to injury, Zelensky declined to renew a gas line deal that was providing the two European nations with essential energy. Hungarian Prime Minister Viktor Orban and Slovakia’s Prime Minister Robert Fico have once again broken ties with the European Union and […]
March 5, 2025 | Significant Decline in Crude Oil has Triggered a New Buy Signal
President Trump teased the markets last week with misdirection of when he planned to put on his tariffs. He mentioned early April to add stiff tariffs to China, Mexico and Canada and then the next day changed again. We hit all three on Monday March 3rd with various high tariffs. This shocked the stock markets […]
March 5, 2025 | Tit for Tariff Policies Weigh Heavy by Design
Economic conditions today are more fragile than in March 2018 when Trump 1.0 signed a memorandum instructing the United States Trade Representative (USTR) to apply relatively modest tariffs of $50 billion on Chinese goods. As RBC chief economist Frances Donald points out: “In 2018-19, tariff policies raised the average import duty from 1.5% to approximately 3%. As […]
March 4, 2025 | Dems Want Taxes on Tips and Overtime
The party of war voted in unison against ending taxes on tips and overtime work. Only one Republican voted against these measures, with 217 in favor. The Democrats are NOT the party of the working class and have been actively working to undermine the people for years. Ending taxes on tips and overtime was one […]
March 4, 2025 | Can China (and other Countries) Avoid Japan’s Lost Decades?
China followed Japan’s bubble-boosting playbook from the 1980s, and Canada followed China along for the ride through levered capital flows into commodities and our real estate market. The bust part is less fun. Low bond yields, weak inflation and a struggling property market have raised fears China may see its own version of Japan’s 1990s […]
March 3, 2025 | Trump Pauses all Funds to Ukraine – About Time!
I have been stating all along all of my sources say the same thing. Zelensky is just a puppet of the Neocons. He takes his orders from them and they do not want peace. They have invested so much into this war to conquer Russia that they are not about to walk away. I said […]
March 3, 2025 | Limping Across the Finish Line
Happy Monday Morning! The Canadian economy expanded at a stronger-than-expected 2.6% annualized pace in the fourth quarter, far exceeding the Bank of Canada’s estimate of 1.8% and the 1.7% median estimate from economists in a Bloomberg survey. However, under the hood, the details left more to be desired. According to Statistics Canada, GDP per capita […]
March 2, 2025 | The Bull’s Eye Matrix: Updated
Bull’s Eye Investing was published on January 1, 2004. It quickly became a bestseller. The main thing that people still ask me about was a trifold spread color chart of stock market returns since 1900. Returns were color-coded so readers could see the ebb and flow of returns over time. That remarkable representation of market performance […]
March 2, 2025 | A ‘Formula’ for Preparedness
You’ve heard from ‘Formula382’ before. A longtime Rick’ Picks subscriber, he manages wealth in the Ozarks, using puts and calls aggressively, with a dollop of good timing, to keep clients happy. He has also shown uncanny skill at rotating out of sectors just before they peak. In a recent chat room discussion, Formula wondered whether […]
March 2, 2025 | 36% of Americans in Favor of Socialism
Socialism has become a trendy topic in the US in recent years. Progressive politicians paint it as a utopia where everyone is treated equally and thrives under the protections of big government. A new Pew Research poll found that while most view capitalism favorably (57%), around 36% of Americans have a positive view of […]
March 1, 2025 | Trading Desk Notes for March 1, 2025
Current positioning: My short-term trading account began this week long TNotes and Yen, short the S&P. I covered the Notes and S&P for good gains mid-week and was stopped for a slight loss on the Yen. I bought the S&P on Friday and held that into the weekend. Equities The S&P touched all-time highs on February 19 (blue […]
March 1, 2025 | Zelensky Shows the World He is no Diplomat
QUESTION: How did you know today would end this way, with Zelenskyy making a fool of himself? SL ANSWER: Zelensky is believing his own BS, and the press loves him because of the Neocon propaganda. To refuse a cease-fire, claiming you need a security deal first, was not just BS, but it was based […]
March 1, 2025 | Tech Talk for Saturday March 1st 2025
The Bottom Line The period of seasonal outperformance by the TSX Composite Index came to an end last week. Contributions into RRSPs until February 28th are a major reason for outperformance relative to the S&P 500 Index. Technical breakdowns below intermediate support last week by the Dow Jones Industrial Average, S&P 500 Index and NASDAQ […]