ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
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 […]
February 28, 2025 | Trump is Wrong To Impose Tariffs on Canada
Tiff Macklem, Governor of the Bank of Canada, outlined the likely economic impact of new U.S. tariffs on Canadian exports announced by President Trump. These 25 percent tariffs on most Canadian goods are expected on March 4. Canadian energy and electricity would incur tariffs of 10 percent. How much economic degradation is coming? Is Trump […]
February 28, 2025 | Evaluating Greenland’s Role in a Tight Global Uranium Market
Investors fearing that uranium mining in Greenland might depress market prices should consider several critical factors, including the current global supply shortfall, and an expanding supply-demand gap, Addressing Investor Concerns About Greenland’s Uranium Impact on Prices Current Uranium Market Dynamics The uranium market is grappling with a pronounced supply deficit. In 2024, production reached only […]
February 28, 2025 | GMO’s Jeremy Grantham: Stock Bubble To Be Crushed
Merryn Somerset Webb interviews GMO co-founder and notorious caller of market bubbles Jeremy Grantham. Grantham, who also serves as the firm’s long-term investment strategist, leans into his more than five decades of investing experience to explain the current “super bubble” in the markets. He comments on when we’ll see a correction, the fate of the […]
February 28, 2025 | Art of the Collapse, March 2025
Lots of disclosures are being promised…but there’s a bit of skepticism out there: POV: Elon Musk and DOGE arriving at Fort Knox for the audit. pic.twitter.com/Zgl599XMXy — Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) February 17, 2025 NSA Agents Horrified People Spying On Their Personal Conversations (Babylon Bee) – A group of federal employees expressed feelings […]
February 27, 2025 | Britain’s Possible Return to the EU
There are calls for Britain to rejoin the European Union, with Parliament expected to debate matters on March 24. Nigel Farage worked tirelessly to protect Britain from Brussels. The latest proposal for Britain to rejoin the European Union is nothing short of economic suicide. This is not about what’s best for Britain—it’s about the EU’s desperate attempt […]
February 27, 2025 | Government Spending Cuts Further Headwind for Real Estate and Economy
The good news is that shelter prices are finally retreating; the bad news is that this has significant knock-on effects for existing owners, debtors, lenders, and many other feeder sectors. Thousands of Canadians are missing mortgage payments — especially in Ontario and B.C. — as the affordability crisis stretches household budgets to the limit despite […]
February 26, 2025 | Gold Visas – Attracting Wealthy Immigrants
The United States is looking to attract wealthy immigrants looking for US citizenship through a new “gold visa” program. “It’ll be people with money,” Trump said outright, noting the visa is “something akin to a green card, but with a higher level of sophistication.” The new path to citizenship will replace the current EB-5 visa […]
February 26, 2025 | WTI Breaches US$69/b. A New Energy Sector BUY Signal Should Occur in March
In early April we will see if President Trump is going to add stiff tariffs to Mexico and Canada and others around the world. It appears that he is using the hammer against his closest neighbours and then taking the plan against Europe and the rest of the world with trade surpluses with the US. […]
February 26, 2025 | Weirdest Housing Bubble Ever
Real estate is cyclical, which means it has its booms and busts, each of which differs slightly from the last. But today’s US housing market is so outside the norm that its strangeness has become the story’s main theme. Consider: Numerically speaking, housing used to be driven by young families buying starter houses. But today, […]