May 31, 2024
Canadian Households Need to Adjust to Higher Mortgage Rate – w/ guest Doug Porter
We are joined by BMO’s chief economist Doug Porter. The Bank of Canada will cut, probably in June. Don’t expect bond yields or fixed mortgage rates to budge. Inflation is nearly defeated in Canada, but not the United States. Weak investment in Canada to continue with capital gain increases.
May 24, 2024
Inflation Drops Ahead of Bank of Canada Meeting
CPI Drops back within the Bank of Canada’s target range, will it be enough for a cut in June? Population growth surges with some cities growing more than 6%. Air BnB bands will hit the tourism sector in some Canadian cities.
May 17, 2024
Markets Melt Higher as Economic Data Weakens
US CPI cooled last month, along with retail sales. Canadian job numbers surprise to the upside giving further hesitation for the Bank of Canada. Banning China EVs batteries, and solar panels despite war on climate change? Financial markets drift higher.
May 10, 2024
The Central Bank Endgame – w/ guest Grant William
Governments are broke, and central banks are trying to maintain the illusion of stability. The next decade will not be like the last one, prepare for volatility. Inflation, interest rates, and political risk abound. House prices have created massive inequality and threaten social stability. Where do we go from here,…
May 3, 2024
Currency Crisis in Japan?
The Japanese Yen has fallen almost 50% against the US dollar since 2020. Attempts to intervene are failing. The USD needs to go lower through Fed easing. The Bank of Canada desperately wants to cut. GDP on a per capita basis is still contracting. mortgage renewals finally starting to bite?…
April 26, 2024
How China is Interfering in Canadian Elections, Exposing Corruption w/ guest Sam Cooper
How China is interfering in federal elections in Canada, spreading fentanyl, and exacerbating a housing crisis. Special interview with independent journalist Sam Cooper. Check out Sam’s book WIllful Blindness. We also discuss markets pricing out fed rate cuts, weak Canadian retail sales, and stagflation concerns.
April 19, 2024
Federal Budget Predicts Falling Interest Rates, No Recession?
The Federal Government dropped their latest budget which predicts no recession and falling interest rates. Will this make the Bank of Canada’s job more difficult? Increased capital gains tax will come with consequences, particularily for entrepeneurs. Who is really running the show in Ottawa? Robert Asselin, former economic advisor to…
April 12, 2024
US Inflation Derails the Bond Market
This week’s episode we are joined by Chace Barber of Edison Motors to discuss the government grant scandal impacting their EV truck company. We then discuss US inflation, surging bond yields, desperate housing policy changes.
April 5, 2024
Are Financial Markets Getting Complacent?
Government spending pouring fuel on the fire at the Bank of Canada. Bond yields pushing higher as growing concerns over fewer rate cuts. Oil continues to climb higher. Are financial markets getting complacent?…
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