October 5, 2024 | This Week in Money

• Ross Clark:  Stock Markets, S&P, Nasdaq, Oil, Gold, Uranium.  Special Offer! 25% Off New Annual Subscriptions.
• John Rubino: (13:42) World War III, Financial Markets, Oil, Energy.
• Robert Campbell:  (49:24) Real Estate, Interest Rates, War.    

October 4, 2024 | Canada is Falling Behind The U.S.

Canada is falling behind the U.S. in economic growth. Up until a few years ago, Canada and its huge neighbour to the south grew by about the same annual rate. But since 2022 Canada is falling behind by most measures. What happened? The Economist wrote an article on September 30, 2024 titled “Why is Canada’s economy falling […]

October 4, 2024 | How Realistic is the BRICS’ Proposed Gold Backed “Unit”?

China’s stock market hit by a wave of FOMO buying

October 3, 2024 | Canadian Rough Patch Getting Rougher

Canadian businesses are closing at one of the fastest rates in history. See: Canada Just Saw One in Twenty Businesses Close in a Month, Biggest Wave Since the Pandemic. Since the vast majority of private sector job growth is driven by small—to medium-sized companies, it’s not surprising that job vacancies (blue line on the lower right […]

October 3, 2024 | Canadian Businesses Closing at an Alarming Rate

Will China’s effort to fire up a lagging Economy work?

October 3, 2024 | Will China’s Stimulus Blitz Help US Markets?

Do you hold onto oil stocks for the long term or trade daily? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

October 3, 2024 | What is Making Commodities a Hotter Prospect?

Middle East tension driving oil higher?

October 2, 2024 | Iran’s Threat To Use It’s Largest And Most Lethal Ballistic Missiles To Attack Israel Lifted The Crude Oil War Premium by US$5/b

The first major issue to be concerned about is the Middle East:  Israel’s multi-phased removal of the top military and leadership of the terrorist group Hezbollah has moved the northern Israeli war front to a more deadly phase. Starting with the killing of longtime Hezbollah leader, Nassan Nasrallah (believed to be a direct descendant of […]

October 1, 2024 | China Launches Next Wave of Asset Propping Efforts

2024 has seen the most aggressive central bank easing globally since the 2020 pandemic and 2008-09. Whatever ‘stimulus’ impacts may flow from this will filter into the economy over the next few years. In the nearer term, the 22-fold tightening cycle of 2022-2023 will continue to weigh on borrowing and spending ability over the next […]

September 30, 2024 | Housing Downturn Intensifies with Motivated Sellers

Nationally, the supply of new one-family homes in America (shown below since the 1960s) has only been higher in the 2005 housing bubble peak. As more existing homes come on the market from stretched households and investors, home supply is rising in most areas. The median price of a new single-family home fell by 4.6% […]

September 29, 2024 | You Don’t Need a Weatherman To Know Which Way The Wind Blows

Twenty years of schoolin’ And they put you on the day shift Look out kid They keep it all hid Bob Dylan – Subterranean Homesick Blues As we accelerate towards whatever disastrous outcome awaits our debt-ridden, delusional, decadent, despairing society, I seem to be drawn to the anti-establishment lyrics of Bob Dylan, written during the […]

September 28, 2024 | The Trading Desk Notes for September 28, 2024

Traders are more interested in the market’s reaction to news than the news itself. This week’s news flow felt like a tsunami after the dog days of summer, but for the markets I trade, the big news was the monetary and fiscal stimulus in China, the acceleration of Israeli attacks on Hezbollah, and the shift in […]

September 28, 2024 | This Week in Money

• Ross Clark: Stock Markets, Fed Interest Rate Cut, Lithium, Uranium. Special Offer! 25% Off New Annual Subscriptions.
• Eric Hadik:  (14:05) 17 Year Cycles, Stock Markets, Currencies, Gold, Silver, Energy, Earthquakes and Volcanoes.
• Mark Leibovit: (42:05) Gold, Silver, BRICS, Digital Currency, Fed Rate Cut. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

September 27, 2024 | China Moves into Panic Mode

China entered full panic mode, announcing stimulus measures to counteract the deflationary impact of weak property prices. But those policies may not be enough to lift the economy to the 5 percent growth target. This week China announced several measures to stimulate demand in a weak economy, a last-ditch effort to meet GDP growth goals […]

September 27, 2024 | Nuclear Energy Back in Vogue

US Consumer Confidence suddenly plunges

September 26, 2024 | WTI Crude Down Over US$1/b On Concerns About China Demand

Weak US and China economic data continue to be the focus of investors. Central Banks in each country have lowered interest rates and in China’s case lowered banks reserve requirements so they can lend more and support companies in need of credit to keep from failing. The urgency of both Central Banks to stimulate their […]

September 26, 2024 | Why Fed Rate Cut Not Positive for US Economy

Is Gold really a safe haven in a market downturn?

September 25, 2024 | Rate Cuts Offer Less Ease Than Many Need

The Federal Reserve finally began an easing cycle last week, and hopes spring eternal that this will be enough to arrest an ongoing deleveraging cycle, shrinking employment, asset deflation, and economic contraction. Time will tell, but the odds aren’t good. Lest anyone forget, central banks aggressively eased monetary conditions throughout the 2007-09 and 2000-03 downcycles, […]

September 24, 2024 | Consumer Confidence – Biggest Crash Since 2021

COMMENT: Marty, it is amazing that the world is not focusing on your model. Consumer confidence in the US took a nose dive, which was the largest decline in more than three years. The ECM turns, and central backs began to cut rates within weeks, and you explained that recessions are born when people lose confidence […]

September 23, 2024 | Watch the Housing Bust Play Out in Real-Time

Most asset classes have their own unique, repeating cycles. For housing, it usually looks like this: Demand for homes rises faster than sales, causing prices to increase. Seeing this, would-be sellers hold off to see how much more they can get a year or two hence. Would-be buyers note the rising prices and shrinking supply […]

September 22, 2024 | Sell the News

The stock market went bonkers following the Fed’s first rate-cut since March 2020, but it’s more than a little tempting to sell the news. A return to easing had been rumored for the last couple of years, but with a pitchfork mob threatening to descend on the Eccles Building, Fed Chairman Powell finally gave in […]

September 21, 2024 | Trading Desk Notes for September 21, 2024

The Fed cut 50; here’s a quick take on how different markets reacted The Notes will be brief this week. I’m hosting the Moneytalks show and playing in the Oceanside Special Olympics golf tournament, and we’ve got a houseful of guests who will be golfing with me.   The golf tournament is fully booked, which […]

September 21, 2024 | Why the Fed Cut Rates

    The Fed cut the Fed Funds rate by 50 basis points on Sept 18th. Why the Cut? It was NOT because the markets (stocks and real estate) have started to roll over and head south.  They are both at record highs. Nor was it because the economy is in recession.  Atlanta Fed’s GDPNow […]

September 21, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Fed Rate Cut, Dow, S&P, Nasdaq.  Special Offer! 25% Off New Annual Subscriptions.
• John Rustad:  (11:45) Economic Plan for BC.
• Hilliard MacBeth:  (40:39) Real Estate, Changes to Canadian Mortgage Rules.