Is the U.S. Flirting With Hyperinflation?

hyperinflation coming to the U.S.

For the last twenty years, deficit spending for the U.S. government has become natural and as reliable as the sun coming up. But, in the latest debt ceiling debacle, there may be more than political theater at stake. If the U.S. must continue to print money and/or run deficits just to maintain its standard of […]

Read More…

The Fed’s Secret Interest Rate Risk

quantitative tightening is taking all assets lower

The Fed’s balance sheet is the key to market liquidity and performance. When it shrinks, the market and liquidity decline; when it expands, the opposite happens. So while the pandemic ushered in the greatest experiment of quantitative easing or QE in world history, we are now in a world of quantitative tightening or QT – […]

Read More…

Savings Rate Nears 65-Year Low, Signalling Pivot on Horizon

Fed pivot is coming as the savings rate hits bottom

The savings rate in the United States is just 0.1% above its all-time low going back to 1959! In yet another significant drop, the savings rate reached just 2.3% in October. While that represents the lowest rate since 2005, it is only 0.1% above the lowest rate recorded in the past 63 years! If the […]

Read More…

Ghana Chooses Gold, Not Dollars in Fight to Survive

Ghana wants to use its gold to pay for oil and other essentials the country needs to function. And it is hard to blame them. However, by converting the Ghanaian Cedi‘s local currency into U.S. Dollars and then buying what they need, the country’s foreign currency reserves are being depleted. Furthermore, U.S. dollar strength or […]

Read More…

10 Million More Americans Enter Poverty Between 2019 and 2021

poverty rate continues to increase in the U.S.

Rising inflation and interest rates are driving millions of Americans, once middle-class citizens, into the chains of poverty. The poverty rate in America and countries worldwide are soaring, and almost no one is talking about it. The signs are all around us: record high food bank usage, climbing foreclosures (lenders started foreclosures on 67,249 U.S. […]

Read More…

Canada Has Too Many Puppies and Not Enough Babies

global birth rate continues to fall

As the global birth rate plunges lower, many in the West, particularly North Americans, are opting for friendly canines to fill the void… While no one factor is responsible for the dramatic decline in births and increase in pet ownership, Alex and Aaron believe they know some of the key drivers behind this dangerous phenomenon. […]

Read More…

Investors Bet on Fed Pivot as Commodities Explode

commodities surge as US dollar finally falls

Just days after the Fed hiked rates another 75 basis points sending gold and most hard assets lower, metals are on fire. Silver is up nearly 7%, crude oil over 4%, and gold over 3% – a massive move for the metal. Copper was another colossal winner, up over 8% on the day. So, why […]

Read More…

A Method To The Fed’s Madness

Mad scientist

We know whom inflation hurts the most: the elderly, people on a fixed income, and those living paycheque to paycheque — which in Canada and the US means most of the population. So, who can inflation benefit? Experienced debtors. The richest among us often have mountains of debt. Banks practically beg them to take more […]

Read More…

The Rally Lives On

mid-month cover

We’re at the halfway point of the month. And the market rally that began in July looks to be full steam ahead so far this August. There is a lot more positivity about this month’s contest than we’ve seen arguably all year. All represented exchanges in this month’s contest are net positive. More than 60% […]

Read More…

America’s Saving Rate Points to Recession

Is the American economy weakening or already in recession? Or is the inflation squeeze leaving consumers with little left to save? We know that is true, but it is only part of the story. With the nation’s savings rate crashing to 2008 lows, households may not be saving much because they already have a cushion […]

Read More…