Canadian Real Estate Sees Another Leading Indicator Crash Over 20% From Peak
10/04/2021 11:32 AMThe Canadian real estate slowdown is getting started, as another leading indicator fades. Statistics Canada (Stat Can) data shows building permit values fell in August. Since permits are for future activity, a decline means less building is coming. All the declines...
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The Global Supply Chain Crisis Could Last Until 2023
10/04/2021 10:48 AMGlobal central bankers have been out and about continuing to promote a narrative that inflation is "transitory." We've seen it from the likes of Powell, Lagarde, Bailey, and Kuroda. Logically, these monetary wonks are right, inflation caused by supply chain...
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JPMorgan CEO Jamie Dimon says bitcoin is ‘a little bit of fool’s gold’
10/04/2021 10:01 AMJamie Dimon, JPMorgan Chase chairman and CEO, remains a skeptic of bitcoin, the largest cryptocurrency by market value. “It’s got no intrinsic value. And regulators are going to regulate the h--- out of it,” Dimon recently told Axios CEO Jim VandeHei. Dimon said that...
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Canadians can’t shake their thirst for debt: Poll
10/04/2021 9:49 AMIt’s been roughly 20 months since borrowing costs were slashed drastically at the onset of the COVID-19 pandemic, but a newly released poll is providing fresh evidence that Canadians are still binging on cheap money. According to the latest MNP Consumer Debt Index, 58...
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Quote of the Week & Goofy Award
10/03/2021 4:46 PMQuote of the Week The popular and controversial Gad Saad on the seeds of society's destruction. Goofy Relax - with the release of the two Michaels the government says "it's eyes are wide open" when it comes to the Communist government in...
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Shocking Stat – Oct 2
10/03/2021 4:35 PMEnergy prices are screaming higher - and there's a reason why the upward pressure won't stop.
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Mike’s Comment Oct 2
10/03/2021 4:28 PMIf you didn't anticipate Trump's election, Brexit, the storming of the Capital Building and global unrest then you need to understand the dominant trend to know what's coming...
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Trading Desk Notes For October 2nd
10/02/2021 12:05 PMMajor stock indices drop to 10-week lows – then bounce The most significant broad market decline since Biden’s election (S+P and DJIA down ~6%, Nasdaq 100 down ~7.5%) happened right on schedule. For the previous 35 years, September (especially the 2nd half) has...
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Aaaand… We’re On! Entire Show – October 2nd
10/02/2021 7:28 AMMike talks about the driving force behind social, economic and financial change with renowned and controversial forecaster, Martin Armstrong - along with the coming monetary crisis. Ozzie on the CMHC latest prediction, a shocking stat for the climate crowd and don't...
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Coming Up on This Week’s Show
10/01/2021 2:26 PM"It's best to know what is coming." So says world-renowned analyst Martin Armstrong about his less than optimistic forecasts. Martin joins Michael to discuss problems in the global monetary system, where capital is flowing and the implications for your financial...
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