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.
September 20, 2024 | A Close Call Between Recession and a New Bubble
On Wednesday September 18, 2024, the U.S. Federal Reserve cut 50 basis points off its benchmark rate, making the first move to lower rates in four years. History shows that economic cycles and stock market outcomes after the first cut are divided. Either this is the start of a deep recession and a stock market […]
September 20, 2024 | What Will The Fed Rate Cut Do?
Most affordable way to get into the Gold Market.
September 19, 2024 | WTI Crude Bottom Is In Place But May Test Those Lows Over The Coming Weeks. BUY Energy Stocks When This Test Occurs
Fed day and then the Chairman’s press conference saw the announcement of an aggressive 50 BP decline in the Fed Funds rate to a range of 4.75 – 5.00%. This cut was hoped for by the markets so investors rejoiced and lifted the Dow by 125 points. We wonder if the Fed is seeing some […]
September 19, 2024 | Is The Fed Rate Cut A Warning?
How could Gold and Crypto react in a stock market crash? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
September 19, 2024 | Will Fed Cut Save Stock Market from Correcting?
Does Gold still have room to go higher?
September 19, 2024 | Why Did The Fed Cut Rates?
Canada’s Mortgage rule changes and the expanding Debt Bubble.
September 18, 2024 | Supplemental Poverty Measure on the Rise
The latest Supplemental Poverty Measure (SPM) found that at 12.9% of American households currently rely on government assistance, up from 12.4% one year prior. The figure was at 11.8% in 2019 and has risen every year under Biden-Harris. The data only factors in US households and not the tens of millions of illegal aliens […]
September 17, 2024 | Countries Grow Weary of United Nations
The majority has always accepted the United Nations as a world governing force. Sentiment may be changing according to a new Pew Research Center survey that found support for this global conglomerate waning across the globe. Of the 35 countries surveyed, 58% still have positive sentiments about the organization, but 31% see it as […]
September 16, 2024 | Koo: China’s Balance Sheet Recession
Once real estate bubbles bust, prices typically fall for years, and paying down debt becomes the priority. In the process, slashing interest rates does not entice the hoped-for revival of borrowing, and it takes years to rebuild balance sheets. This is now underway in the world’s second-largest economy. Et tu, Canada? Richard Koo, senior adviser […]
September 15, 2024 | The ‘Wealth Effect’ Is a Delusion and a Fraud
The so-called ‘wealth effect’ is the Tulipmania of this era on steroids, creating untold sums of money from speculative spume. If materializing vast quantities of spendable cash is the goal, a revved-up wealth effect makes the Fed Open Market Committee look like a ladies’ luncheon club. Indeed, it can take long months or even years […]
September 14, 2024 | Trading Desk Notes for September 14, 2024
The S&P had its best week of the year this week; last week, it had its worst week in 18 months. Do you want to bet on next week? The S&P fell ~4% last week and bounced back ~4% this week. The S&P ended last week right on its lows. It rallied back on Monday […]
September 14, 2024 | This Week in Money
- Ross Clark: Stock Markets, Gold, Silver, Oil, USD and Canadian Dollar. Special Offer! 25% Off New Annual Subscriptions.
- Gerald Celente: (11:26) Who Will Win the Election? Gold, USD, World Leaders.
- Sean Brodrick: (36:40) Uranium, Gold, Silver, High Tech.
September 13, 2024 | China Property Meltdown
China continues to experience a significant collapse in its property sector, which is weighing heavily on Chinese families. Numerous attempts at stimulating the sector have failed. When will China’s property sector start to recover? There is a view suggesting that Beijing has lost control of the property market, which could be very damaging to the […]
September 13, 2024 | Chinese Bust Cycle is Contagious
From 2019 to 2022, rounds of “free” money courtesy of central banks and governments fuelled gullibility and blind risk-taking in many countries. The effects were particularly short-lived in China, the world’s second-largest economy, where consumer confidence has been moribund over the past three years (below since 2016). Hampered by relatively low household incomes and […]
September 13, 2024 | Gold, Gold, Gold
Will BRICS Squash the US Dollar?
September 12, 2024 | Biden’s Attempt to Restrain the Supreme Court Warns the End is Near
This partisan part-time political hack we call President Biden has had the blatant gall to call for term limits on Justices of the Supreme Court only because the Democrats want the Court to rule as they see fit – not according to the Constitution. In HARRIS v. McRAE, 448 U.S. 297 (1980), a pregnant woman […]
September 12, 2024 | If Jim Willie was President
Debate, White Hats, Leaving Urban Areas
September 12, 2024 | “Prepare to Stand” Tour: What You Should Know
- Laura-Lynn Tyler Thompson: Canadian Rights on the Brink of Extinction? Prepare To Stand Tour Tickets
September 12, 2024 | How Trudeau’s Contradictory Energy Policies are Hurting You
Why does the Government hate Small Businesses?