The Great Transition

[errolanderson]

This is a report just released from David Rosenberg, well known Cdn economist.

THE GREAT TRANSITION — AWAY FROM PEAK GROWTH, PEAK INFLATION, PEAK STIMULUS AND PEAK VALUATIONS

To me, David is bang-on. We have seen peak gov't stimulus, valuations are stretched to the limit, inflation has topped out and economic growth, well it's tied almost entirely to gov't stimulus.

Mr. Rosenberg is politely saying the 'gravy train is over'. Personally believe there will be inflation, disinflation and deflation in 2022. Some asset classes will hold up well, some will buckle under the pressure. No level playing field here (IMO). There may be some stunning changing of the guard within the equity world as this inevitable transition gathers momentum.

In my view, some businesses will profit from the change, some simply won't be able to adjust. A weeding out of the herd and economic re-alignment. What are your thoughts?

[sumdumguy]

The Invisible Hand is actually Trudeau’s Crushing Killer Vice.

[Taiga]

[Taiga]

Or follow the insiders

[jazz]

Or follow the insiders

Which means Rosie is wrong (again) and the party is going to continue. Dems need a rocking economy and covid gone for the midterms. Wonder how they will do it.

[shtferbrains]

One part of the great transition not currently panning out for the cheerleaders is Beyond Meat.

Share price went from rocketing to $220+ to $67 today.

The media pumped as hard as they possibly could but more than a few have to actualy buy it more than once.

Hope they go belly up.
Lots of speculative money chasing bullshit demand projections in that transition. Big players in there now.

[errolanderson]

Markets (both commodities and equities) may enter 2022 with a whimper, not a bang.

Way too much leverage in markets without price and value justification. We’ll all know fairly shortly . . . .

[Old Cowzilla]

One part of the great transition not currently panning out for the cheerleaders is Beyond Meat.

Share price went from rocketing to $220+ to $67 today.

The media pumped as hard as they possibly could but more than a few have to actualy buy it more than once.

Hope they go belly up.
Lots of speculative money chasing bullshit demand projections in that transition. Big players in there now.

Drove past the largest protein processing plant (in the world) last night on way back from Winnipeg and she was steaming big time. Somebody is mixing there proteins someware for something.

[bucket]

Pulse proteins are not my enemy but then again neither is beef. I grow both pulses and cattle.

The most interesting factoids I will will share are
1. That my animals are vegetarians until they leave my farm. What happens to the steers and heifers after the livestock auction I can't say, other than the steaks we buy occasionally at Costco are very good.

2. Due to a drought and a hail storm that wiped out my lentil crop , then regrew, my cows are eating lentil bales and quite like them.

[LEP]

The trend is your friend.
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Wait what? Snoop Dogg and Mark Walhberg are the same age. WTF.