ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
November 7, 2022 | Slower Growth for China is Paradigm Shift for World Economy
Unverified online posts about the potential reopening of China continue to inspire periodic rebounds in commodity and stock prices. After nearly two years of disappointment and $6 trillion of losses, last week, Chinese stocks soared on frenzied speculation that a bottom has finally arrived. Then, on the weekend, bullish dreams were dampened once more as Chinese Health officials […]
November 6, 2022 | Dangerous Assumptions
Historically speaking, this phase of life we call “retirement” is a new concept. The idea you could stop working at a certain age was unknown until quite recently. People worked as long as they physically could, then died quickly unless they had family or servants to care for them. That was normal and accepted. Now, […]
November 5, 2022 | This Week in Money
- Ross Clark – Markets, Canadian Dollar, Gold, Oil
- Robert Campbell – (10:41) Inflation, Interest Rates, Housing Bubbles
- John Rubino – (1:09:03) Gold, Silver, Electrical Grid, Economic Collapse
November 4, 2022 | Tesla Reports Record Production But There are Hints of Bumps in the Road
Tesla reports another record quarter of production but there are hints of some bumps in the road ahead. The company is generating huge amounts of free cash flow, even while building out two new factories. But a weak stock market and looming recession could affect Tesla. In full disclosure I have owned and driven a […]
November 4, 2022 | Gold, Stocks, Bonds, Commodities
Nuclear, Coal, Wind, and Solar Power
November 3, 2022 | What Went Up Must Come Down
Yesterday, Fed chair Jerome Powell reiterated his commitment to combating inflation (lagging indicator) at the expense of economic growth, employment and asset prices (leading indicator). Stocks didn’t like the message. In an abrupt reversal, every market sector tumbled into the close, with 474 of S&P 500 members ending in the red. There’s a point of […]
November 3, 2022 | Will Interest Rate Hikes Fix Inflation?
Crude Oil, Gold, Supply Chain
November 3, 2022 | Are Fed Rate Hikes Inflationary?
Dow, Supply Chain, Geo-cosmic Events. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
November 2, 2022 | If You Believe
If you believed they put a man on the moon Man on the moon If you believe there’s nothing up his sleeve Then nothing is cool REM – Man on the Moon The REM song Man on the Moon, released in 1992, is a haunting melancholy tune, with Andy Kaufmann and his life and death […]
November 2, 2022 | Poisoned, Election Fraud, 5G, Ukraine
Interest Rates, US Dollar, Gold
November 1, 2022 | Twitter – The New Wild West for Free Speech
All eyes are on Twitter after Elon Musk acquired the company for $44 billion. Musk took Twitter public but plans to make it available to shareholders in another five years as he believes he can reach one billion subscribers by that time. The eccentric billionaire began his takeover by bringing an actual kitchen sink to […]
November 1, 2022 | Runaway Freight Trains
The Bank of Canada raised rates by another 50bps this past week, pushing prime rate to 5.95% and inflicting more pain on variable rate mortgage holders. We’ll circle back to that in a second. What’s important to note here is markets were fully pricing in a 75bps rate hike from the Bank of Canada and […]
October 31, 2022 | Say Hello to 7%
30-Year Fixed-Rate Mortgages climbed above 7% in October – up from 3.18% 12 months earlier. This is the first time they have been above 7% since 2002. As my followers know, I used technical analysis to correctly forecast this rise in rates in my January 2022 Timing Letter. Furthermore, even though rates have more […]
October 30, 2022 | Zelensky Wants WWIII Bringing Death & Destruction to the Entire World
With most con artists, you need to count your fingers after shaking hands. With the President of Ukraine Volodymyr Zelensky, you have to make sure you still have your arm. He wears the same clothes to project he is at war raising some to hope he at least takes it off to wash. Both Germany […]
October 29, 2022 | The First Rule of Money
Investors over-estimate their tolerance for risk. It’s easy to feel like a genius in a bull market – but it’s only after you lose big money will you understand what it’s like to be on the wrong side of a market. It’s not just the financial loss you take – it’s the emotional toll […]
October 29, 2022 | This Week in Money
- Ross Clark – Stock Market Rally, US Dollar, Canadian Dollar, Oil, Natural Gas, Gold
- Rick Ackerman – (11:24) Recession, Interest Rate Hikes. Special Offer Free 14 Day Trial!
- Martin Straith – (32:39) Interest Rates, Government Debt
- Wolf Richter – (55:33) Autos, Real Estate, Tech Stocks
October 28, 2022 | Bank of Canada Wavers
The Bank of Canada blinked first as recession looms and the economy continues to adjust to much higher interest rates. The BOC hiked interest rates only 50 basis points on October 26 when the market expected 75 basis points. Is the Bank of Canada signaling that rates are high enough now? Source: MacBeth MacLeod Partners […]
October 28, 2022 | Choppy Markets But Precarious
Xi’s hard line regime chasing investors from China
October 27, 2022 | The Climate Change Zealots are Coming for Your Pets
The climate change zealots have found a new scapegoat to blame for changes in the weather – the family pet. CNN has dubbed the term “carbon pawprint” and is urging owners to switch their pets over to insect-based diets or lab-grown meat and reconsider future animal adoptions. There was a 2017 study entitled “Environmental Impacts […]
October 26, 2022 | “No Easy Outs to Restoring Price Stability”: Bank of Canada Hikes by 50 bpts to 3.75%, More Hikes to Come, QT to Continue, as “Unsustainable” Home Prices Plunge, GDP “Stalls”
The Bank of Canada hiked the target for its overnight rate for the sixth time in a row, today by 50 basis points, to 3.75%, the highest since 2008, following the 75-basis-point hike in September and the 100-basis-point hike in July. Since it started the rate-hike cycle in March, the BOC has jacked up its rate […]
October 26, 2022 | Will the Fed Hike Rates?
No transition plan to ease push to EV’s. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
October 26, 2022 | Is the Bank of Canada Deliberately Aiming for Recession?
Household debt, mortgage foreclosures, China home prices
October 25, 2022 | Alberta Premier Danielle Smith Fighting Back Against WEF
This is big news. Alberta’s new Premier Danielle Smith is the first government leader to apologize for vaccine mandates. Taking it a step further, she directly criticizes the World Economic Forum (WEF) and Schwab; she has “no interest in being involved with them.” During her first day in office, Smith immediately apologized for the vaccine […]
October 25, 2022 | The Beatings Will Continue
Inflation in Canada slowed less than expected, growing by 6.9% year-over-year in September, economist expectations were at 6.7%. A small miss that will have big ramifications. Markets immediately repriced Bank of Canada rate hike odds for October 26th, now expecting another jumbo 75bps rate hike. In other words, the beatings will continue until morale improves. […]
October 24, 2022 | Can Society Ever Learn for its Mistakes?
QUESTION #1: Hi Martin Do you ever wish Socrates was wrong? Sometimes I do! All the best Maria QUESTION #2: Marty; I have been following you since the Nineties. You have never been wrong, or should I say, Socrates. I also know how you have saved many companies since I was there at the board […]