ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
November 15, 2022 | Sign of Hard Economic Times
November 15, 2022 | Ponzi central
Humans seem to be endlessly vulnerable to the lure of easy money. Harder to accept, however, are those educated and trained to be professional money managers who still throw cash at charlatans and ideas with non-sensical valuations. When elders fail to lead, chaos grows. The segment below highlights the blatantly obvious mania that has piled […]
November 14, 2022 | Too Poor to Continue Living with Dignity – Canadian Eugenic
Canada is not hiding its depopulation and eugenics efforts. The Trudeau Administration recently expanded the MAID (Medical Assistance in Dying) program to include those with treatable illnesses or those suffering from poverty. Almost anyone, including children, can request a medically assisted death in Canada with a quick turnaround. Families are unable to protect their loved […]
November 14, 2022 | Fourth Turning Winter of Death
“Reflect on what happens when a terrible winter blizzard strikes. You hear the weather warning but probably fail to act on it. The sky darkens. Then the storm hits with full fury, and the air is a howling whiteness. One by one, your links to the machine age break down. Electricity flickers out, cutting off […]
November 13, 2022 | Prepare for Election Promises to Crumble
Now that politicians have secured their positions in the elections prepare for the promises to fade. These people will say anything for our vote with no intention of following through. Biden has already announced that they will no longer accept student loan forgiveness applications. A Texas court barred future applications a day after the election […]
November 13, 2022 | Recession Thoughts
Early this week, with the severe inverted yield curve and other signals flashing recession, I planned to use this letter to delve into the data. Then Thursday’s CPI data convinced markets to blow the all-clear whistle. Lack of any “green shoots” would have been out of historical character and frankly quite alarming. We got at […]
November 12, 2022 | Trading Desk Notes For November 11, 2022
Lower-than-expected October CPI inflation inspired HUGE rallies in stocks, bonds and currencies Markets have been searching for “Peak Hawkishness” since June – without success, as Chairman Powell made clear in his press conference following the FOMC meeting last week. But – the downtick in various CPI metrics on Thursday caused markets to believe the Fed will “reduce the […]
November 11, 2022 | The UK is Not Prepared for a Prolonged Recession
People are simply not prepared for a sharp economic downturn. The Money and Pensions Service conducted a poll in the UK in which it found around 25% of adults have under £100 in savings. The 3,000-person survey found that 17% reported having absolutely nothing set aside. Around 5% reportedly had under £50, while 4% had between £50 […]
November 11, 2022 | Canada Faces a Huge Challenge with Emission Reductions
Canada is about to hit the wall over CO2 emissions. Canada’s commitment to reduce by 290 million tonnes annually looks increasingly difficult to achieve. Canada is second only to Saudi Arabia in emissions of metric tons of CO2 per person, due to Canada’s status as a major producer of oil and gas. Other countries, […]
November 10, 2022 | Will 2022 Be The Most Corrupt Election Since 53BC?
COMMENT: Marty, I love all that you do. I want to challenge anyone to find a county in the USA that is more corrupt that Harris County Texas (Houston) regarding vote fraud, nothing to see here keep moving: Harris County Elections administrator can’t answer why polling locations ran out of paper Harris County Elections Administrator Clifford […]
November 9, 2022 | Politics Globally is on a New Agenda
COMMENT from Thailand: In Thailand, for the whole 2020, there is only 61 Covid deaths. Few months after mass vaccination there is 20000 “Covid” deaths. This year, I believed that there is an explosion of COVID illnesses and deaths, just like Canada. And the authority is keeping a tight lip about it. Look like 2022 […]
November 9, 2022 | Supply and Demand
For commodities, the paramount issue is always actual supply and demand, with price serving as the balance in a free economic system. Too much supply and not enough demand and prices are expected to fall. Too much demand and not enough supply and prices are expected to rise. Messing with the law of supply and […]
November 9, 2022 | Cryptodoom and AirBnBust
The policy-induced everything bubble is imploding globally, as it must. Overnight, we see contagion from highly levered Ponzi schemes in the crypto space as liquidity evaporates and panic justifiably spreads. Many naked emperors will be exposed here. Grandaddy Bitcoin (shown below) has tumbled to the lowest price since November 2020. See. Crypto markets tumble to a 2-year low […]
November 8, 2022 | Liquidity Contraction Remains Dominant Trend
The midterm election is historically a negative for the president’s party, and this year is expected to be no different. Exit polls suggest that Republicans are poised to sweep the House and the Senate in today’s mid-term. Bulls insist that this outcome would be a positive for equity markets regardless of the macro backdrop. Thinking […]
November 8, 2022 | Another Brick in the Wall
It is rare for a celebrity to speak out against the agenda. Pink Floyd’s Roger Waters has reached a level of fame where he can question the status quo as his legacy is sealed. Waters called Biden a “war criminal” for encouraging the war in Ukraine. “This war is about the action and reaction of […]
November 7, 2022 | Reminder: It’s Election Day in the US
Don’t forget to vote today in case they are unable to rig the midterm elections.
November 7, 2022 | Slower Growth for China is Paradigm Shift for World Economy
Unverified online posts about the potential reopening of China continue to inspire periodic rebounds in commodity and stock prices. After nearly two years of disappointment and $6 trillion of losses, last week, Chinese stocks soared on frenzied speculation that a bottom has finally arrived. Then, on the weekend, bullish dreams were dampened once more as Chinese Health officials […]
November 6, 2022 | Trading Desk Notes For November 5, 2022
Inter-market relationships I’m a Macro tourist: I constantly monitor intra-market and inter-market relationships and correlations. It’s an old habit, and it often leaves me more perplexed than enlightened, but sometimes I find clues that help me see a trading opportunity. I look at correlations as a trader, not an economist or statistician; in other words, […]
November 6, 2022 | Dangerous Assumptions
Historically speaking, this phase of life we call “retirement” is a new concept. The idea you could stop working at a certain age was unknown until quite recently. People worked as long as they physically could, then died quickly unless they had family or servants to care for them. That was normal and accepted. Now, […]
November 6, 2022 | Bolsonaro Hands Over Power to Lula
Jair Bolsonaro did not immediately concede to Luiz Inacio Lula da Silva after the close election of 49.1%-50.9%. This is the closest presidential race in Brazil since 1985 and marks Bolsonaro’s first defeat in his political career. Bolsonaro supporters held mass protests across the nation to protest Lula’s victory and blocked hundreds of major roadways. […]
November 5, 2022 | Danielle on CBC’s weekend business panel
Danielle was a guest with Rubina Ahmed-Haq and host John Northcott on the CBC Weekend Business Panel today. You can watch a video clip of the segment here.
November 5, 2022 | Fed Pivot Myth
Thank you to the reader who sent in this hilarious image. Despite all the incoming data and price instability, some expected the Fed to pivot on its stance. Even BlackRock reportedly told advisers to expect “pivot language” at the last Federal Open Market Committee meeting. They were hoping that the Fed would announce a looser stance for the December […]
November 4, 2022 | Tesla Reports Record Production But There are Hints of Bumps in the Road
Tesla reports another record quarter of production but there are hints of some bumps in the road ahead. The company is generating huge amounts of free cash flow, even while building out two new factories. But a weak stock market and looming recession could affect Tesla. In full disclosure I have owned and driven a […]
November 4, 2022 | No – This is Not the Last Daylight Saving Time
There seems to be some confusion as people cheer that November 6 will be the last annual end to Daylight Saving Time (DST). The proposal to stop altering the clocks passed in the Senate last year. However, the bill died in the Democrat-controlled House and has not been discussed since. The tradition of changing the […]
November 3, 2022 | No COVID Amnesty
The Atlantic wrote a piece about declaring pandemic amnesty. “We need to forgive one another for what we did and said when we were in the dark about COVID,” Emily Oster wrote. I will not forgive what was done and the permanent damage the COVID zealots caused to the global economy. This was not […]