January 31, 2023 | Irrationally Exuberant January Comes to a Close

The US Fed’s next rate announcement is due on Wednesday, and the consensus expects a 25 basis points (bps) increase, raising base rates in the banking system to 4.25 to 4.75% from 0 to .25% one year ago. Lest anyone forget, the Fed is also reducing assets on its balance sheet (QT) by $95 billion […]

January 31, 2023 | The Most Splendid Housing Bubbles in America, January Update: Now Phoenix, Las Vegas, San Francisco, Seattle, San Diego Plunge Fastest

Housing Bubble 2 continues to deflate relentlessly, no matter what data set we’re looking at. Today we got the S&P CoreLogic Case-Shiller Home Price Index for “November,” which is a three-month moving average of home sales that were entered into public records in September, October, and November, reflecting deals made largely in August through October. Prices in all […]

January 30, 2023 | Europe will be Destroyed over Ukraine

While Chancellor Olaf Scholz has been pushing back against demands of Ukraine for fighter jets now after the tanks, there have been those in Germany eager to support Ukraine to destroy Russia. They have filled their heads with such propaganda that Russia will conquer all of Europe if it is not completely destroyed NOW, they […]

January 30, 2023 | Finding a Bid

Happy Monday Morning! As expected, one and done from the BoC this past week. Here’s Tiff Macklem, “With today’s modest increase, we expect to pause rate hikes while we assess the impacts. To be clear, this is a conditional pause. Its conditional on economic developments evolving broadly inline with our outlook.” For those playing along […]

January 29, 2023 | Can Forecasting be Infallible?

  QUESTION: Do you think that Socrates will ever achieve infallibility? KJ ANSWER:  I have only shown our Global Market Watch model at conferences. It is a pattern recognition model that is learning every day. I have pointed out that nothing is infallible but if anything can achieve that, it will be this model. Right […]

January 29, 2023 | Growth Pains

In stock investing there’s a management style called “growth at a reasonable price” or GARP. It seeks to achieve steadier results by avoiding both expensive growth stocks and beaten-down value stocks. We can apply a similar idea to economic growth. Everyone wants the benefits of higher GDP. How much inflation, unemployment, and market losses are […]

January 28, 2023 | Pfizer – A Clear & Present Danger to the World?

  Of course, YuuTube removed it to protect Pfizer. They are part of the media that has been targeting free speech and wants nothing but to sell humanity down the river. Here is the link to Project Veritas off the record with Pfizer. In the video, there is a question if they are engaged in “gain of […]

January 28, 2023 | Trading Desk Notes For January 28, 2023

FOMO Alert! The Nasdaq had its highest weekly close yesterday since September, up ~13% from the 27-month lows made last October. This week’s close was 28% below the All-Time High made in November 2021. Inflation is falling and is expected to keep falling, so the Fed is expected to increase short rates (only) 25 bps this […]

January 28, 2023 | This Week in Money

• Ross Clark – Stock Markets, Tesla, Gasoline, Gold, Oil, USD, Canadian Dollar
• John Rubino  – (11:52) US GDP, Inflation, Gold, Silver
• Allan Mark Angell –  (37:43) High End Real Estate in Vancouver

January 27, 2023 | The Bank of Canada Hikes Rates Again But Promises An End To The Pain

The Bank of Canada (BOC) met expectations Wednesday with a 25-basis point increase in rates, and hinted that it might go on hold. This was the eighth consecutive interest rate increase from the BOC. Markets expect inflation to fall quickly allowing the BOC to cut rates, perhaps as soon as the middle of 2023. Until […]

January 27, 2023 | The Fed Trying to Cure the Inflation It Started

EV Mania could collapse like any other mania

January 27, 2023 | The Recall of David Eby and Bill 36

• James Davison, Founder / Marcella Desjarlais, Co-Founder  Stand United BC –  Mainstream Media Ignoring Recall of BC Premier.  Bill 36 puts BC Healthcare at risk! Recall David Eby

January 27, 2023 | California Wealth Tax to be Applied to Anyone Whoever Worked in the State

Some people have written in and said I am just a Republican and I hate California. Sorry, I consider myself in the middle. I disagree with a lot on the Republican side as well. Simply put, the government should NOT be in the business of trying to manipulate society any more than the Investment Banks […]

January 26, 2023 | Tightening Will Continue To Bite Through 2023/2024

As we’ve noted many times, changes in monetary policy—tightening or loosening—move through the economy at a lag of one to two years. For this reason, the record tightening done by central banks in 2022/2023 will slow the economy into 2024, and any easing efforts in late 2023/24 will not fully be felt until 2024/2025. In […]

January 26, 2023 | Bank of Canada: “We’re Pausing to Assess Whether We’ve Done Enough,” Hikes by 1/4% to 4.5%, QT Continues

he Bank of Canada hiked its policy rates by 25 basis points on Wednesday, the 8th rate hike in a row, totaling 425 basis points in 10 months, bringing the target of the overnight rate to 4.5%. QT will continue and “is complementing the restrictive stance of the policy rate,” the BOC said in the […]

January 26, 2023 | NATO the Greatest Threat to Civilization

COMMENT: Hi Marty, I wonder if the downside of the US occupation of Europe since WW2 and US subsidization of military aid has produced a culture of pacifism. Germany’s reluctance to supply tanks to Ukraine suggests other motives. The media focuses more on Russia and internal dissent against Putin. One reads about defections and men trying […]

January 26, 2023 | Gold, Silver, US Dollar, Gasoline

Crude Oil, Natural Gas

January 26, 2023 | Crude Oil, Gasoline, The Fed, US Dollar

Employment Numbers, Solar. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

January 26, 2023 | Stock Markets, Inflation, Interest Rates, US Dollar

“Gougeflation” a major factor in higher prices

January 25, 2023 | The Coming Great Global Default

QUESTION: Dear Martin Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system? Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension systems. I assume, there might be big differences between countries. Many thanks and best regards, R. ANSWER: The monetary […]

January 25, 2023 | Timeless Advice: Don’t Buy Stuff We Don’t Have The Cash For

This clip is ten years old and timeless. Funny because so painfully apropos at every income level. (Thanks, John, for sending this one from the archives). On the other side, of course, we have all the credit pushers brainwashing the masses with assurances that we “deserve credit” and are “richer than we think.” Make it stop! Here’s a direct video […]

January 24, 2023 | Unfinished Business

Over the past year or two, I discovered that Bank of America had built up an absolutely massive short derivatives position in silver in the over-the-counter market (not COMEX) of one billion ounces or more. The position was the result of a silver lease transaction with JPMorgan lending the silver to BofA. JPM knew in […]

January 24, 2023 | The Debt Ceiling Hits Pi – $31.4 Trillion

The debt ceiling has currently hit $31.4 trillion (Pi), representing borrowing that the Treasury undertakes to fund its financial obligations, ranging from safety-net benefits such as Social Security. Is this coincidence, or is the magic number where the government starts to lose control? As Socrates has been forecasting, this is the end of the road for our Republican […]

January 24, 2023 | ECRI: A Recession Really is Coming

Lakshman Achuthan and Anirvan Banerji are co-founders of the Economic Cycle Research Institute (ECRI), which determines recession dates for 22 economies around the world. Their latest findings are summarized in Don’t be fololed! A recession really is coming: Recession concerns in the US are widespread these days. Yet, some economists argue that the strength of the labor market […]