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 22, 2024 | Whites in America are Doomed by 2045, Abortion Rules, & Western Culture Declines
QUESTION #1: Is it true that Socrates has projected that the White population will be the minority by 2045? Eric COMMENT #1: Why do Democrats hate children and promote abortion, always claiming incest and rape when all the statistics show rape accounts for just 1% of abortions and incest is 0.5% of abortions? Then […]
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 21, 2024 | Tech Talk for Saturday September 21st 2024
The Bottom Line All-time highs were recorded by the S&P 500 and TSX Composite Index following the FOMC’s decision to lower its Fed Fund Rate by 0.50%. Positive technical action following the decision contributed to strength. “Risk on” sectors (technology, materials, industrials and Consumer Discretionary) led the advance. History calls for a volatile/mixed trend for […]
September 20, 2024 | EU Parliament Issuing a Virtual Declaration of War on Russia
The European Parliament has adopted a resolution calling on EU countries to lift all restrictions on Ukrainian strikes deep into Russia immediately. The US has just issued warnings to Americans on their travel advisory. They now warn Americans to be cautious about traveling to popular European destinations like Italy and the United Kingdom. You should […]
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 | Art of the Collapse, October 2024
This series is monthly, which means the next one was scheduled to drop on October 1. But the first 19 days of September have produced so much absurdity that we have to go a little early this time around to avoid being swamped. Let’s start with a tip o’ the hat to those alarmists who […]
September 20, 2024 | What Will The Fed Rate Cut Do?
Most affordable way to get into the Gold Market.
September 19, 2024 | Global Chaos, Part 1: Things Exploding Everywhere
Not so long ago, the coming financial crisis looked more or less manageable. Currencies would plunge, inflation would spike, the monetary system would be reset, and something resembling normal life would return (though of course with gold bugs as the new financial elites). Then the past few years happened, and now what’s coming looks a […]
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 | Dodging Bullets vs Dodging Interviews
While this joke has been circulating around, sad to say, it is true. The debate was clearly rigged and Kamala came off articulate and not the typical random reasoning that leaves you wonder what the hell is she talking about. This is a clip from overseas dated August 4th, and they said there that […]
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 18, 2024 | Fed Cuts Unlikely to Prevent Spreading Strife
Rising unemployment has overtaken inflation as the dominant fear, and today is expected to bring the Fed’s first rate cut of a new easing cycle. Like Pavlovian dogs, stocks typically rally in anticipation of Fed easing. However, unemployment continued to surge in the eight recessions since 1969, and stock markets eventually fell an average of […]
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 17, 2024 | Gundlach’s September Macro Outlook
In his webcast titled “1984” in remembrance of George Orwell’s dystopian novel, DoubleLine Founder and CEO Jeffrey Gundlach on Sept. 10, 2024, dives “into the subject of the Fed and some of the variables that will likely underpin their logic and their thinking” at the Sept. 18 meeting of the rate-setting Federal Open Market Committee […]
September 16, 2024 | Geologic Hydrogen – the Next Gold Rush?
Around 96% of hydrogen is produced from fossil fuels, with around 1% derived from renewable sources. Global demand for hydrogen is on the rise and will increase to 95 million tonnes by 2022. As over 150+ nations have committed to reducing green policies, hydrogen production has been met with challenges and uncertainty, which is […]
September 16, 2024 | Connecting the Dots
Happy Monday Morning! Today we’re going to play a game of connect the dots. As we already know, the resale condo market is weak, particularly in Vancouver and Toronto. Rates went up a lot, basically destroying the math behind owning rental properties in these two cities. Condo investors are suddenly faced with rising mortgage payments, […]
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 15, 2024 | The Revolt of the Public
“All over the world, elite institutions from governments to media to academia are losing their authority and monopoly control of information to dynamic amateurs and the broader public. This book, until now only in samizdat (and Kindle) form, has been my No. 1 handout for the last several years to anyone seeking to understand this […]