December 19, 2024 | Stock Markets, Cryptos, Due for Big Correction
The Dow Transports are giving a warning sign. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
December 18, 2024 | The Energy Sector Is Closing In On A Major BUY Signal In The Coming Weeks. More Bargains Are Appearing Daily
Canada’s political circus and slowing economy has dragged the C$ to below US$0.70 (now US$0.6980). It would not surprise me to see it fall to the low of US$0.68 seen in early 2020 or the same level seen in early 2016. Our worst low from the data going back to 1980 was US$0.6186 in early […]
December 18, 2024 | Is Bitcoin 1929 or DOT.COM Bubble All Over Again?
QUESTION: Marty, is it possible we are witnessing the greatest financial trap to unsuspecting global citizens as they ‘build a digital prison’ as many opine OR is this the perfect monetary system that will give opportunity to impoverished nations to rise out of the ashes? We see kids, millenials to Gen X, buying it like […]
December 17, 2024 | Are We Back to “Higher For Longer”?
The Fed is expected to cut interest rates today. But that might be it for a while. Consider: Consumer spending is exceeding expectations: Motor vehicles, online purchases boost US retail sales in November (Reuters) – U.S. retail sales increased more than expected in November amid an acceleration in motor vehicle and online purchases, consistent […]
December 16, 2024 | Optimists Say Don’t Worry About Bubbles, That’s Bad Advice
A house on our street recently sold for $8 million to a buyer in his early 40s. Our mutual tradesperson had the scoop: the guy made his money in Bitcoin. This is his summer house; he lives in Hawaii. On closing, he installed lifts in the garage, stacked them with exotic cars, and put a […]
December 15, 2024 | Which Will Crash First: Stocks or Bitcoin?
I’ll trash bitcoin in a moment — my new hobby — but first a yellow alert for everyone who thinks the stock market’s inevitable collapse is most likely to happen shortly after the first of the year. Although that seems quite plausible, fulfilling popular expectations is not how Mr Market usually works. Think how many […]
December 14, 2024 | Trading Desk Notes for December 14, 2024
What would a turning point in Irrational Exuberance look like? Well, for a start: Some analysts say that retail is the most bullish ever. I don’t know how you measure that, but yeah, it feels that way, and retail is gambling on all kinds of crap – exchange-listed or otherwise. The COT data as of […]
December 14, 2024 | This Week in Money
- Ross Clark: Stock Markets, Dow, S&P, Gold, Oil, Canadian Dollar. Special Offer! 25% Off New Annual Subscriptions!
- Hilliard MacBeth: (10:23) Bank of Canada Rate Cut, Canadian Economy, Real Estate, Canada Joining the USA.
- Martin Straith: (36:49) S&P, Investing, Trump Tariffs and Inflation. Special Offer!
December 13, 2024 | Beware Last 2 Weeks of December – Something is Not Right
QUESTION: You said the computer does not support a bullish view of Trump taking office. Do you know why the computer is showing so many indexes are rolling over to the downside? John ANSWER: I strongly suggest that this is the time to pay close attention to Socrates, for this clearly shows that something is seriously […]
December 13, 2024 | Bitcoin Breaks $100K: What’s Next?
We’ve received a flood of questions about Bitcoin this past week after it shattered the psychological $100K barrier. As most investors are aware, Bitcoin’s rally gained momentum following Donald Trump’s vocal support for cryptocurrency earlier this year. Back in July, Trump addressed the Bitcoin 2024 Conference in Nashville, unveiling plans to establish a strategic national […]
December 13, 2024 | Historically – How Have Tariffs Worked Out?
US small business optimism spikes after Trump election
December 12, 2024 | Human Nature is Prone to Self-Harm in Financial Bubbles
Twenty-four years ago, I was studying to become a financial analyst while working at a stock brokerage. Equity markets and animal spirits were soaring; the Nasdaq doubled in 1999 alone. Nortel was Canada’s pride and joy, accounting for over a third of Canada’s TSX stock index. In September 2000, Nortel was trading at C$124 a […]
December 12, 2024 | What to Bet On or Against Under President Trump
Rare Earths shine in looming US vs China trade war
December 12, 2024 | Should You Be Taking Stock Profits Now?
Are the US and Canada already in recession? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
December 11, 2024 | Trump Trolls Trudeau – Bank of Canada Takes Note
US-Canada relations under the Trump Administration are beginning on tumultuous footing. Trump has promised to slap Canada with 25% tariffs on ALL imports if it fails to curb illegal immigration and drug trade from the northern border. Trudeau is now threatening to retaliate with tariffs of his own. The Bank of Canada has factored in […]
December 10, 2024 | Undermining the Debt Creates Recessions and Depressions
Many mistakenly look to the stock market as the leading indication of economic security. The true culprit is the DEBT market, not the stock market, that leads to depressions and recessions. A recession, in comparison to a depression, is merely a minor impact that could be isolated to one nation. Unemployment will typically rise up […]
December 9, 2024 | Ellen Brown: How to Escape the Federal Debt Trap
By Ellen Brown / Original to ScheerPost The U.S. national debt just passed $36 trillion, only four months after it passed $35 trillion and up $2 trillion for the year. Third quarter data is not yet available, but interest payments as a percent of tax receipts rose to 37.8% in the third quarter of 2024, […]
December 8, 2024 | The Herd Is Even More Fearless than in 1929
Skittish about the stock market’s manic climb? Consider moving some of your savings into T-bills, which are currently yielding around 4.25%. You could do worse. Some of my friends are reluctant to take even a little money off the table because 2024 was such an incredible year for them. One is a retired lawyer who […]
December 7, 2024 | Trading Desk Notes for December 7, 2024
Tech stocks led the indices higher this week. AAPL hit new record highs, up ~11% in a month and ~50% in eight months. TSLA had another good week, up ~56% since the election and 2.8X in the last eight months. AMZN is at record highs, up ~15% since the election and ~50% in the last four […]
December 7, 2024 | This Week in Money
- Ross Clark: Stock Markets, Gold, Oil, USD, Canadian Dollar. Special Offer! 25% Off New Annual Subscriptions.
- Victor Adair: (11:15) Stock Markets, President Trump Election, Bonds, Gold, Oil, Uranium.
- John Rubino: (41:37) Trump Effect on the Markets, Europe, Bitcoin.
- Robert Campbell: (1:22:10) Real Estate, Is Life Fair?
December 6, 2024 | Volkswagen Protests – The Contagion Begins
Tens of thousands of Volkswagen employees have halted production to protest proposed pay cuts. The German automaker has stated it will need to close three manufacturing plants due to rising labor expenses, material shortages, and, most importantly – the climate change agenda that has demonized fossil fuels. Over 120,000 workers now face a 10% pay […]
December 6, 2024 | How Long Can Stock Markets Keep Climbing?
Will Bitcoin eventually crash and burn?
December 5, 2024 | Bitcoin & the End of Money
QUESTION: Mr. Armstrong, I just had to write in to say thank you for explaining that Bitcoin was just a trading asset, not some new currency that would replace the dollar. I understand that money must be elastic to grow with society in economic booms and population. I just read a quote reported by […]
December 5, 2024 | What Could Bitcoin’s Short Term High Be?
Are the markets setting up for a recession next year? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.