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 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 […]

November 15, 2024 | Elon Musk has a Mandate to Impose Radical Cuts on Government Spending

Elon Musk has been appointed by the incoming President of the U.S.  to head the Department of Government Efficiency, or DOGE, with a mandate to cut costs, reduce regulations, shrink the size of the bureaucracy and make government more efficient. In the announcement Trump called him the “Great Elon Musk”. Will the Great Elon Musk […]

November 15, 2024 | Tech Talk for Saturday November 16th 2024

The Bottom Line U.S. stocks finished lower on Friday, capping off the worst week for the S&P 500 since early September, as creeping doubts about a December interest-rate cut by the Federal Reserve helped interrupt a postelection rally. Earnings focuses this week are on Wal-Mart reporting on Tuesday and Nvidia reporting on Wednesday.

November 14, 2024 | Neocons in Overdrive to Aid Ukraine Before January

  The neocons are working overtime to release countless aid to Ukraine before Donald Trump takes over in January. Bloomberg has reported that the Biden Administration The Biden administration is committed to ensuring “every dollar we have at our disposal,” in a message championed by US Secretary of State Antony Blinken. Blinken rushed to Brussels […]

November 13, 2024 | Breakup of USA & Canada – A Practical Solution

  The LEFT should exist in the USA and follow Trudeau. Perhaps he can then win the next election in the land of the left while BC, with Alberta, can join the USA.

November 13, 2024 | Higher Rates Tend to be Self-Correcting

With a price of more than 5x book value (lower right), U.S. stocks are the most overvalued since the tech-mania top in March 2020. At 3x price-to-sales (lower left), the recent euphoria has returned to the fall 2021 level and significantly overshot the 2000 top. As the S&P 500 has rebounded sharply over the past […]

November 12, 2024 | Hoisington Q3 2024 Quarterly Review and Outlook

Hoisington Management’s Quarterly Review and Outlook is now available here and always worth a mull. Central banks have been cutting overnight rates, but the money supply has continued to contract, with the latest reading lower than during the 2008 financial crisis. After years of zero-rate interest policies ballooned debt levels, the 2022-2023 monetary tightening cycle was the […]

November 12, 2024 | What Makes the Dollar the World’s Reserve Currency?

Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may have never heard of at that moment in time. The dollar is basking in […]

November 12, 2024 | Justice Files, Part 1: Firings, Civil Suits, and Jury Awards

Our recent drift into authoritarianism hurt a lot of innocent people. And even before last week’s election, the process of “truth and reconciliation” was gaining momentum. This is the first in a series that tracks some of the more notable cases of justice restored. 6 BART employees who refused COVID-19 vaccine to receive more than […]

November 11, 2024 | Why Bitcoin Will NOT Replace the Dollar

People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion […]

November 11, 2024 | Danielle on Thoughtful Money

November 10, 2024 | EU Nations in NATO Prepare for Trump Presidency

European Union nations are concerned about Trump’s victory, as Trump has historically opposed the NATO alliance siphoning funding from the US. Before Trump, only a handful of nations were paying their 2% of GDP obligation. World leaders are now calling for a European army, but a plan is already in place for a unified army […]

November 10, 2024 | Dogs Catching Cars

I went to bed “early” on election night, around 10:30 pm. We are in the five months of the year where Puerto Rico is one hour ahead of Eastern time, and nothing I was seeing made me think it would be an early night. And by that I meant 3 or 4 am. I woke […]

November 10, 2024 | What If It Really Is Morning in America?

I’ve been confidently anticipating the Mother of All Tops since, like, around 1975, but this week I decided to go wholeheartedly with the flow. The result, technically speaking, is a robustly optimistic S&P target at 7644.50. This might not be what permabears want to hear, but it will leave bulls sufficient room to deal with […]

November 10, 2024 | Does There Still Have To Be A Currency Crisis?

A decade ago, the world seemed like a complex place. But in retrospect, it was pretty simple: The fiat currency experiment had produced a hyper-leveraged financial system that would soon fail spectacularly. Existing currencies would be replaced via a monetary reset, probably involving some kind of gold standard. This would be a messy but survivable […]

November 9, 2024 | Trading Desk Notes for November 9, 2024

US stock indices soared on Trump’s victory—the DJIA, S&P, and NAZ rallied to new record highs this week. The S&P and the DJIA hit record highs in mid-October but then trended lower into month-end, perhaps de-risking ahead of the election. On election day (ellipse), the indices were bid aggressively from the opening bell, soared in the […]