December 4, 2024 | Trump to Block Japanese Steel Deal and Place Tariffs on Chinese Steel

  Nippon Steel, a Japanese company, has offered to buy US Steel for $14.9 billion, yet both President Joe Biden and president-elect Donald Trump strongly oppose the deal. Both men believe it is vital to keep the historic company domestic. But why has America’s steel industry become less competitive? Demand for steel fell 0.4% YoY […]

December 3, 2024 | The Unbearable Weight of Home Prices

About 15 million, or 37% of Canada’s 40 million people, live in the Vancouver, Toronto, and Montreal areas, three of the top seven least affordable cities in America and Canada. Over 25% live in the two least affordable cities—Vancouver and Toronto—where the average sale price in 2024 was 12.7x and 10.7x the median household incomes […]

December 2, 2024 | Why Hunter’s Pardon Can Take Down Biden Himself

QUESTION: Biden said he would not pardon Hunter, and then he did. Was this not a slap in the face to the Democratic Party that will contribute to its breakup, as you have warned? JM ANSWER: It is worse than you think. This could backfire, for it was not a pardon for Hunter as much as it […]

December 1, 2024 | Cut $2 Trillion from the U.S. Budget…or What?

Let’s hope Musk and Ramaswamy have been paying close attention to David Stockman’s ten-part series on how to cut the U.S. budget before America spends its way into bankruptcy. Stockman was Reagan’s budget director in 1981-85 and is eminently qualified to spell out the tough reforms needed to force the U.S. to live within its means. He […]

November 30, 2024 | Trading Desk Notes for November 30, 2024

Trump shocks markets: he will hit Canada and Mexico with 25% tariffs on ALL exports On Monday afternoon, November 25, Trump announced that on his first day as President, he would levy 25% tariffs on ALL imports from Canada and Mexico – if they did not halt the flow of illegal migrants and dangerous drugs into the […]

November 30, 2024 | This Week in Money

• Ross Clark: Stock Markets, Gold, Oil, USD, Canadian Dollar. Special Offer! 25% Off New Annual Subscriptions.
• Rick Ackerman: (8:43) AI, Bitcoin, Lithium, Outlook for 2025.  Free Trial Offer!
• Mark Leibovit:  (39:33) Cryptocurrencies, Gold, Oil, Cannabis, Uranium. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

November 29, 2024 | Trump Threats of Tariffs Worry Canadians

President-elect Trump doubled down on his threat to impose tariffs on imports to the U.S.  This time he focused on two countries — Mexico and Canada — with a statement that he would put a 25 percent tariff on imports. How should Canada counter these threats? This week Trump posted: “On January 20th, as one […]

November 29, 2024 | AI Sucking the Power Grid Dry

How long can stock market rally last?

November 28, 2024 | Why Doesn’t Canada Pension Plan Support Canadian Business?

Ink Research Insiders Index out performs TSX for a decade

November 28, 2024 | Crude Oil Retreats US$2/b On Israel/Hezbollah Ceasefire.

President elect Trump is moving quickly on his tariff plan with a threat on social media to tax Canada and Mexico 25% and add 10% to China tariffs. His argument is that he needs support on keeping drugs out of the US and to stop the migrant invasion. If his need was economic he would […]

November 27, 2024 | Recession Watch: Bad News From Around the World

China   From the Kobeissi Letter: China’s consumer confidence index dropped to 86 points in August, near the lowest in 30 years. Over the last 3 years, consumer confidence in China is down ~ 50 points. Such a drop in consumer assessment of the Chinese economy has almost never been seen before. Foreign firms are also […]

November 26, 2024 | Health Prepping: How to Offset All That Sitting

By now we’ve all seen at least one article titled “Sitting is the New Smoking.” That’s a clever title that instantly engages the reader. It’s also apparently true. People who sit for most of the day tend to have all kinds of circulatory and metabolic problems that frequently end up killing them. Here’s an overview […]

November 25, 2024 | Disrupt, Defund, Deport, Deny, Destroy

“At home, fellow citizens, you best know whether we have done well or ill. The suppression of unnecessary offices, of useless establishments and expenses enabled us to discontinue our internal taxes. These covering our land with officers, and opening our doors to their intrusions, had already begun that process of domiciliary vexation which, once entered, […]

November 24, 2024 | Let’s Execute a Few Internet Scammers!

Have you heard from “Cleo Kenmille” or “Caroline Johnson”? If not, consider yourself fortunate. Those are pseudonyms used by a crew of shitbags who work out of bucket shops that lie beyond the reach of international law. Their job is to steal money from you or anyone else who is familiar with PayPal, the online […]

November 23, 2024 | Trading Desk Notes for November 23, 2024

American exceptionalism: US stocks have hugely outperformed the rest of the world. The S&P is up ~46% from its October 2023 lows. It jumped ~5% during election week, the biggest weekly gain YTD, corrected a bit last week and rallied again this week. The NAZ is up ~51% from October 2023 lows. The NAZ has […]

November 23, 2024 | This Week in Money

• Ross Clark:  Stock Markets, Bitcoin, Gold. Special Offer! 25% Off New Annual Subscriptions.
• Eric Hadik: (12:06) Market Cycles, Bitcoin, Gold, Silver, USD, Canadian Dollar, Crude Oil.
• Josef Schachter: (44:43) Trump Administration, Oil and Gas, Pipelines

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 | 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 | 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 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 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 […]