January 25, 2024 | China Prohibits Shorting Stocks

Some of the Magnificent 7 are taking hits.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

January 24, 2024 | Real Rates Rise After Central Banks Stop Hiking

Well-documented policy lags suggest that central banks have done more than enough to reverse the inflationary impulse over the next 12 to 24 months. As the rate of inflation comes down, real interest rates (overnight rate less CPI) rise (better for savers but worse for borrowers) and crimp the economy even after central banks pause […]

January 24, 2024 | US Supreme Court Votes AGAINST the People – Invasion Continues

  The Supreme Court issued a 5-4 ruling permitting the federal government to stop any attempts to control the crisis at the US-Mexico border. The initial case was in regard to the razor wire Texas implemented at its southern border, which now must be removed based on this ruling. This is an establishment issue that […]

January 23, 2024 | Recession Watch: Doom Spending and Frozen Real Estate

Stocks are melting up while government officials claim credit for a soft landing. And yet… The US Index of Leading Economic Indicators (LEI) continues to predict a slowdown while GDP, which normally tracks the LEI, remains strong. Which one is right? The December index of business conditions in the New York Fed’s territory plunged to -43, the […]

January 23, 2024 | China Canary Warns About Global Economy and The Downside To Euphoria

Remember in 2007-08 when bulls were all in love with China and projecting endless growth and outsized investment returns as far as the eye can see? It turns out the business cycle was not repealed, and high valuations and euphoric consensus remain a reliable precursor to mean reversion and capital losses. Chinese stock prices have […]

January 22, 2024 | Alex Soros is a Nut Job – Implies Assassinating Trump

an insanity, funding the prosecutions against Trump, funding the case in Colorado to remove Trump from the ballot all in the name of democracy? They ignore culture, religion, and even family, force their view upon the world, and assume only what they know is best. Both he and his father think their Open Society promotes […]

January 22, 2024 | No solutions, Only Trade Offs

Happy Monday Morning! Tiff Macklem and the Bank of Canada are on deck this week. While they’re largely expected to remain on hold, Canadian households suffocating under the weight of higher interest payments will be looking for clues for when relief can be expected. The real estate market will be doing the same, it has […]

January 22, 2024 | Clamp Down on Short-Term Rentals

Limiting short-term rental properties increases housing inventory for primary occupancy, pressuring long-term rents and sale prices lower. This is a necessary part of helping to abate the housing affordability crisis. But it comes at the expense of highly leveraged owners and lenders who were banking on prices only going up. B.C.’s new laws on short-term […]

January 22, 2024 | Health Prepping, Part 4: Vitamin D Seems To Prevent Dementia

Vitamin D pops up in pretty much every general discussion of health maintenance and disease prevention. Having enough of it seems to help while having too little seems to cause — or at least associate with — everything from cancer to heart disease. So keeping lots of vitamin D in one’s bloodstream is kind of […]

January 21, 2024 | Trump Speaks Out Against CBDC

The leftist media cutaway Donald Trump’s victory speech after his Iowa victory. Some, such as Rachel Maddow who has no credibility, said it would be dangerous to air a live statement from the former president due to January 6. The truth of the matter is that they wanted to censor what he had to say, […]

January 21, 2024 | DoubleLine Markets Outlook 2024

The first 57 minutes of this presentation are a worthwhile macro overview. (The final 17 minutes are a micro dive into individual debt types for US investors and less accessible for Canadians and lay people). In his annual “Just Markets” webcast presented Jan. 9, 2024, DoubleLine CEO Jeffrey Gundlach among other outlooks shares his forecast […]

January 21, 2024 | Clashing Crises

“Two is better than one” is a nice saying, but it really depends on what you’re describing. Two hurricanes or earthquakes aren’t better than one. Just one disaster at a time will suffice, thank you very much. The same holds true for man-made crises like the debt fiasco we’ve been discussing. Last week in No Way […]

January 21, 2024 | Onward and Upward for Perhaps a Little Longer

When forecasting stock prices, it helps to view the market as a crazed creature driven by fear, greed, and most of all, stupidity. Of course, everyone but the “theme”-obsessed chimpanzees who purport to manage your money understands that the stock market’s heedless ascent into horrifying news is rock-bottom stupid.  In this case, the very bad […]

January 20, 2024 | The Fix is In – Trump Goes to Prison

Let me explain something very important. George Soros’ son has come out and said that Trump would not go away unless he is in prison. I am not at liberty to say at this time, but the FIX IS IN and Trump will be imprisoned in the Washington, DC case. That is the plan. Soros […]

January 20, 2024 | Trading Desk Notes For January 20, 2024

NDVA, MFST and META surge to new all-time highs; various other stocks also rise NVDA is up ~20% since the end of 2023 with a current market cap of ~$1.5 Trillion, or roughly half that of AAPL and MSFT.   The powerful rally in Big Cap Tech took the Nasdaq 100 and the S&P to new all-time […]

January 20, 2024 | Employment Cycling Down

Unemployment spikes as recessions begin, but before that, early warning signs are fewer job openings and a shorter work week. The latest December jobs report showed spreading cyclical weakness. Year over year, Indeed job postings fell 15% in 2023. See Finding a New Job is Getting Harder.Under the hood, postings for lower-paying positions increased while higher-paying […]

January 20, 2024 | This Week in Money

• Ross Clark: Stock Markets, S&P, Nasdaq 100, Bitcoin ETF
• Gerald Celente:(11:26) Stock Markets, Interest Rates, USD, China, Germany, Recession
• Victor Adair: (40:04) Stock Markets, Bonds, Gold, Oil, Uranium

January 20, 2024 | Tech Talk for Saturday January 20th 2024

The Bottom Line Led by the technology sector, U.S. equity indices (notably S&P 500 Index above 4818.62 and NASDAQ 100 Index above 16,767.86) moved to all-time highs on Friday.

January 19, 2024 | DOJ Admits Laptop From Hell was NOT a Conspiracy

The Department of Justice finally acknowledged that the Laptop From Hell did indeed belong to Hunter Biden. Apple provided the DOJ with information from the laptop years ago after compiling data from Hunter’s iCloud, leading to a multi-year propaganda campaign from the White House. This scandal is far more significant than the president’s son engaging […]

January 19, 2024 | Armed Conflicts Have Yet To Hit Markets

Investors are coping with a high degree of uncertainty in the world, with at least three armed conflicts active now. The Israel/Hamas war was the top concern. But now the Houthi situation in the Red Sea, related to the Gaza conflict, has become top-of-mind. And what about Russia and Ukraine? Will these conflicts spread? How […]

January 19, 2024 | Yield Curve Signals Recession in 2024

The US 10-year Treasury yield has been below the 3-month yield since November 2022 (14 months and counting). This rare yield ‘inversion’ has preceded each recession (grey bars) since 1982, with no false signals. As usual, equity bulls perpetually bet this time will be different.   In past cycles, the US Fed stopped hiking when […]

January 19, 2024 | Why the US Won’t Go Into Recession in 2024?

Where are the people fleeing California going?

January 19, 2024 | More Indications of China’s Declining Economy

Lower energy prices should see more profitable gold mining

January 18, 2024 | Canadian Home Prices and Rents Amid Much Needed Mean-Reversion

Canadian home prices are retreating. In previously hot areas, properties are selling up to 20% below 2022 prices, but nationally, the average sale price was just -11.4% in the latest quarter. After an outrageous 59% average price increase nationally between Q1 2020 and Q1 2022, the mean-reversion prospects remain big from here. As shown below, courtesy […]