November 23, 2024 | Tech Talk for Saturday November 23rd 2024

The Bottom Line Quiet week for North American equity markets this week! Historically, U. S. equity indices have moved higher on the day before and the day after the U.S. Thanksgiving day holiday. That’s when market makers are on holidays and individual investors have greater influence on equity prices. Thanksgiving Day in the U.S. is […]

November 22, 2024 | President-Elect Trump’s Tariffs will Hurt More Than They Help

President-elect Donald Trump believes in tariffs, and he plans to implement higher tariffs as soon as he takes office. Most economists think that is a really bad idea. Will Trump’s tariffs help or hurt the economy? Donald Trump has been a promoter of tariffs for a long time. He is on record in 1989 telling […]

November 22, 2024 | European Leaders Determine to Destroy Europe – There Goes The Euro

The skies are darkening over Europe’s economy and politics, all thanks to their determination to wage war against Russia. The euro is plummeting to its lowest level in two years. Will the Euro stop at 85 cents in the year ahead? European leaders know that the Eurozone is crumbling, and instead of reform, they have […]

November 22, 2024 | Bird’s Eye View of Price and Risk

This week, we learned that the US index of leading economic indicators (Conference Board LEI) contracted to 99.5 in October—the 32nd consecutive month of contraction and the longest since at least 1957 (all shown below courtesy of The Daily Shot). The only LEI items that expanded in October were stock (green) and credit (pink) prices. […]

November 22, 2024 | Are the Stock Markets Getting Too Hot?

Moody’s downgrades Mexico to negative growth

November 21, 2024 | Crude Oil War Premium Expands As Ukraine Fires Longer Range US Missiles Into Russia

President elect Trump is moving quickly to nominate his cabinet full of loyalists that want to reign in the size and power of the perceived swamp in Washington. Many of his nominees are being readily accepted but one for Attorney General is getting widespread condemnation. He has nominated strong people for State, Defence, HHS, Interior […]

November 21, 2024 | Former CDC Director Claims COVID Originated in the USA

Former CDC director Robert Redfield, an outspoken critic of Antony Fauci, believes COVID-19 had sinister origins. We know the NIH was funding gain-of-function research under Fauci at a lab in Wuhan, China. However, Redfield believes the virus leaked from a domestic lab located at the University of North Carolina. Redfield believes Dr. Ralph Baric was […]

November 21, 2024 | Trump Victory Powering Optimism in Most Sectors

Cryptos jumping into record high territory. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

November 21, 2024 | Will Stock Up Cycle Continue Under Trump?

If markets drop, it will be more than a “correction”?

November 20, 2024 | Simplify the Tax Code

The incoming Department of Government Efficiency (DOGE) under Elon Musk and Vivek Ramaswamy is tackling a serious problem – the complex tax code. Donald Trump has also expressed a keen interest on simplifying the process and fixing our “broken tax code.” The Internal Revenue Service was multiplied and armed with weapons under Biden-Harris. The administration […]

November 20, 2024 | Corporate Bond Spreads Are Flashing Red

Every once in a while, the term “bond spread” pops up in financial reporting. Most people (who aren’t money nerds) don’t know what this means and how big a deal it sometimes is. So — since it’s a major red flag at the moment — this might be a good time to discuss it: Bond […]

November 20, 2024 | Even Higher Hopes

The S&P 500 is on track for its biggest election-year gain in 88 years. Still, according to the latest Conference Board Consumer Confidence Survey, the share of US consumers expecting stocks to rise further over the next 12 months has doubled over the last year to the highest percentage since this question was first asked […]

November 19, 2024 | Euphoria Bounces Back

Since stock markets hit a two-year low last October, prices reflated on bets that artificial intelligence and central bank easing could solve spreading insolvency. Then came this month’s Republican sweep in the US election, and the crowd ordered another round. Risky assets went parabolic before selling off last week—the S&P 500 and Canada’s TSX remain […]

November 19, 2024 | Pentagon Missing $824 Billion

  The Pentagon, funded by you—the taxpayer—has truthfully NEVER passed an audit. Washington uses the Pentagon and Department of Defense as perhaps its favorite money laundering tool. Countless funds and supplies vanish year after year, and no one is ever investigated or punished. The corruption is blatantly in our faces. The most recent gimmick of […]

November 18, 2024 | Advice to RFK and Trump They will Not Listen Anyway

  Prague Memorial Victims of Communism QUESTION: Since you said at the WEC that RFK and Trump will not listen to you or Socrates, they appear to be deer in headlights, powerless to prevent Biden and his Neocons from launching World War III before January. Besides my deep disappointment in their lack of respect for […]

November 18, 2024 | Wildly Offside

Happy Monday Morning! After completely botching a world class immigration system, the Trudeau government has been forced to reverse course, promising to hit the brakes and slow population growth to zero over the next two years. However, as we know, the damage is already done and it will take more than a decade to fix […]

November 18, 2024 | Danielle on CBC Weekend Business Panel

Here is a direct video link.

November 17, 2024 | Taxing Crypto to Fund Climate Change

The elite gathered at the UN’s COP29 in Azerbaijan to discuss how to extort the people to fund their climate change agenda. Numerous nations believe that cryptocurrencies and plastics must be levied from developed nations who are deemed the highest polluting economies. The “expert’s” assumption is that $5.2 billion could be generated by taxing cryptocurrencies due to […]

November 17, 2024 | The Trump Inflation Problem

Two weeks ago, I opened this letter by noting the election uncertainty, once over, would give way to a different uncertainty about what comes next. That’s where we are now. I fully expected a closer outcome that would take some time to resolve. Instead, we have an undisputed president-elect moving full speed ahead. And what […]

November 17, 2024 | The King of Bullshit Money

Bitcoin:  The shysters who sold me bitoin KNEW it would come back. That’s because they made such a ‘generous’ offer to make all the losers whole. Sure, the payoff was in bullshot coin that would need a huge recovery in BTC just to become convertible into less-bullshit coin.  BUt they hung in there.  And the […]

November 16, 2024 | Trading Desk Notes for November 16, 2024

Stock indices, interest rates, and the USD rose sharply last week following Trump’s victory. This week, stock indices fell, interest rates rose, and the USD soared to 12-month highs. NAZ futures hit record highs during the Sunday overnight session, up ~6.5% from election-day (circled) lows, but gave back ~63% of those gains by Friday’s close. SOXX […]

November 16, 2024 | Housing Bust Update: It’s Not Just the Cost of Buying, It’s the Cost of Owning

Home prices are at all-time highs, and — amazingly — are still rising. Compare today’s average price to that of 2007, which is generally thought to be the peak of America’s biggest-ever housing bubble: And mortgage rates, which were supposed to fall when the Fed started easing in September, are instead rising. 7%, here we […]

November 16, 2024 | This Week in Money

• Ross Clark: Stock Markets, Trump, Gold, Currencies, Oil.  Special Offer! 25% Off New Annual Subscriptions.
• Hilliard MacBeth:  (9:09) Canadian Real Estate, Electric Vehicles
• Martin Straith: (59:52) Economic Impact of Trump Administration on Canada, Gold, Bonds, Bitcoin, Copper, Network TV

November 15, 2024 | The Computer Forcast The Demise of the Democratic Party

The Democrats are in a bear market trend, and they have failed to comprehend that their policies are anti-free society and human nature. The major peak for the Democrats, measured as a percent of the combined Senate and House, was 1823, when they were part of Slavery. Then, it collapsed into the late 19th century […]