Not your average recession . . . .

[shtferbrains]

Mr Trudeau says his government has 'always exercised fiscal restraint'

They must truly believe voters are stupid.
Seems to have worked so far.

[errolanderson]

M2 money supply is plunging. Commercial real estate, a complete train-wreck. NYC office towers, now 50% off sale (until supplies last). Bank write-offs straight ahead. The S&P 500 index clear double top. Let the herd scatter . . . .

Bank of Canada apparently contemplating raising rates again. Central bankers in the land-of-oz, but flying their private jets to Davos . . . .

[errolanderson]

EMERGENCY RATE CUTS? The commercial real estate collapse in-progress may now be triggering a banking domino impact so large, central bankers can no longer sweep under-the-rug.

My distain for central bank rhetoric is now overflowing.

[AlbertaFarmer5]

The S&P 500 index clear double top. . . . .

For The sake of anyone who doubts the value of technical analysis. Can you explain the predictive value of the clear double top such as that which you saw on January 17th?
Does today's new all-time high negate that formation?

[Old Cowzilla]

GDP numbers in Canada suck and we all know why but GDP numbers are huge in U.S.A. are those numbers fake? Our beef market rides on those numbers and I want to know the forecast.

[wheatking16]

The S&P 500 index clear double top.

As a FYI

The pattern is not a Double Top until the support is broken.

In the case of the S&P 500, this level is near 3500, which was not broken.

[errolanderson]

Layoffs now at breakneck speed. Just look at your own local community . . . .

U.S. and Canada’s economy in stall mode despite all the rosy gov’t employment data released this week. Stock market gains concentrated by very few, corporate losses now sweeping. U.S. commercial real estate collapse now streaming into Europe.

Economy may enter a depression, before government ever acknowledges a recession. Don’t get wooed by the B & S. There is no shortage.

Cash remains king as price pressures will persist. My opinion . . . .

[errolanderson]

According to Reuters, Cisco will announce thousands of job losses next week. This is getting plain ugly.

[furrowtickler]

Fat always gets trimmed in lean times .
agreed , we may well be in a depression before they even admit a recession.
most of us in Ag that have been around for decades understand that. If it were not for a handful of very large farms and a few good areas of production still able to update their equipment the past two years , Ag dealerships would have been facing big layoffs as well already .
The next two years , or less will be telling . The outlook for ag exports looks very dismal from Canada .
It’s already ugly for many farms, but it seems to be completely ignored so far, because of the success of a few .

[workboots]

A little birdie told me Monette farms was doing some major layoffs? Anyone heard any details on that?