December 12, 2024 | Human Nature is Prone to Self-Harm in Financial Bubbles
Twenty-four years ago, I was studying to become a financial analyst while working at a stock brokerage. Equity markets and animal spirits were soaring; the Nasdaq doubled in 1999 alone. Nortel was Canada’s pride and joy, accounting for over a third of Canada’s TSX stock index. In September 2000, Nortel was trading at C$124 a […]
December 12, 2024 | What to Bet On or Against Under President Trump
Rare Earths shine in looming US vs China trade war
December 12, 2024 | Should You Be Taking Stock Profits Now?
Are the US and Canada already in recession? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
December 11, 2024 | Trump Trolls Trudeau – Bank of Canada Takes Note
US-Canada relations under the Trump Administration are beginning on tumultuous footing. Trump has promised to slap Canada with 25% tariffs on ALL imports if it fails to curb illegal immigration and drug trade from the northern border. Trudeau is now threatening to retaliate with tariffs of his own. The Bank of Canada has factored in […]
December 10, 2024 | Undermining the Debt Creates Recessions and Depressions
Many mistakenly look to the stock market as the leading indication of economic security. The true culprit is the DEBT market, not the stock market, that leads to depressions and recessions. A recession, in comparison to a depression, is merely a minor impact that could be isolated to one nation. Unemployment will typically rise up […]
December 9, 2024 | Ellen Brown: How to Escape the Federal Debt Trap
By Ellen Brown / Original to ScheerPost The U.S. national debt just passed $36 trillion, only four months after it passed $35 trillion and up $2 trillion for the year. Third quarter data is not yet available, but interest payments as a percent of tax receipts rose to 37.8% in the third quarter of 2024, […]
December 8, 2024 | The Herd Is Even More Fearless than in 1929
Skittish about the stock market’s manic climb? Consider moving some of your savings into T-bills, which are currently yielding around 4.25%. You could do worse. Some of my friends are reluctant to take even a little money off the table because 2024 was such an incredible year for them. One is a retired lawyer who […]
December 7, 2024 | Trading Desk Notes for December 7, 2024
Tech stocks led the indices higher this week. AAPL hit new record highs, up ~11% in a month and ~50% in eight months. TSLA had another good week, up ~56% since the election and 2.8X in the last eight months. AMZN is at record highs, up ~15% since the election and ~50% in the last four […]
December 7, 2024 | This Week in Money
- Ross Clark: Stock Markets, Gold, Oil, USD, Canadian Dollar. Special Offer! 25% Off New Annual Subscriptions.
- Victor Adair: (11:15) Stock Markets, President Trump Election, Bonds, Gold, Oil, Uranium.
- John Rubino: (41:37) Trump Effect on the Markets, Europe, Bitcoin.
- Robert Campbell: (1:22:10) Real Estate, Is Life Fair?
December 6, 2024 | Volkswagen Protests – The Contagion Begins
Tens of thousands of Volkswagen employees have halted production to protest proposed pay cuts. The German automaker has stated it will need to close three manufacturing plants due to rising labor expenses, material shortages, and, most importantly – the climate change agenda that has demonized fossil fuels. Over 120,000 workers now face a 10% pay […]
December 6, 2024 | How Long Can Stock Markets Keep Climbing?
Will Bitcoin eventually crash and burn?
December 5, 2024 | Bitcoin & the End of Money
QUESTION: Mr. Armstrong, I just had to write in to say thank you for explaining that Bitcoin was just a trading asset, not some new currency that would replace the dollar. I understand that money must be elastic to grow with society in economic booms and population. I just read a quote reported by […]
December 5, 2024 | What Could Bitcoin’s Short Term High Be?
Are the markets setting up for a recession next year? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
December 5, 2024 | Bitcoin Could Plunge Faster Than Its Climb
Diversifying portfolio more important now than ever
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 […]
















