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Jan 24, 2019 | 08:00
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ECB Draghi announced no rate hike in Europe this morning . . . Fed chair Powell is now on-pause, likely for a long, long time . . . and for the Bank of Canada, good grief.
Watch for the battle between banks for spring mortgages heat up and record bank profits take-a-lick . . . The U.S. is now rapidly heading straight into a recession (IMO). Canada, Europe and Asia are already in-recession.
Government will always be the last to let you know . . . .
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Jan 24, 2019 | 08:02
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I think the USA will slow a bit but Canada is on way to a full scale shit show.
Thank a liberal every single day.
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Jan 24, 2019 | 08:18
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How is raising rates going to help?????
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Jan 24, 2019 | 08:22
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SF3, will not the US recession be Trumps fault just like Trudeau is to blame for Canada's recession?
Oh I forgot Trumps your guy! LOL
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Jan 24, 2019 | 08:26
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Errol one simple question, how much have Trump's tariffs influenced the global economic slowdown in your opinion?
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Jan 24, 2019 | 09:11
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US will not go into recession. Trump has a multi trillion dollar deal on tap with China to announce in about 30 days. MAGA.
Canada gets flushed with socialist stupidity.
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Jan 24, 2019 | 09:12
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.1% GDP loss for every week the US government is shut down. No wonder the US is headed for zero growth in 2019.
In Canada, we just have Trouble, and that is enough.
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Jan 24, 2019 | 13:57
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No chuck the USA won’t h e a recession as trump and China will have a deal. Now Canada and our gay prince, well we’re f67$ed
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Jan 26, 2019 | 10:11
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 Originally Posted by Hamloc
Errol one simple question, how much have Trump's tariffs influenced the global economic slowdown in your opinion?
Hamloc . . . Trump tariffs most definitely speeded-up the current global slowdown . . . but it was eventually going to happen anyway. A ticking debt bomb . . . .
Since the collapse of Lehman Bros in 2008, global economies have been in gradual decay despite trillions of dollars in money printing that was supposed to generate inflation.
Now global markets have a serious risk of social unrest which could lead to panicked sell offs. The next generation is now facing this financial mess. There have been harsh warnings of this in Davos, Switzerland this week at the World Economic Summit.
This trade war is now morphing into a technological war that no one can win (IMO). The world is flat when it comes to technology. Watch out for up and coming India over the next generation. Their low debt load and youthful well educated population will be a force in the technology world. India’s GDP may eventually surpass that of the U.S. in my view.
The U.S. is in a battle to maintain their global power. But the tariff war is unwinnable and may last for years . . . .
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Jan 26, 2019 | 18:15
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Originally Posted by errolanderson
Hamloc . . . Trump tariffs most definitely speeded-up the current global slowdown . . . but it was eventually going to happen anyway. A ticking debt bomb . . . .
Since the collapse of Lehman Bros in 2008, global economies have been in gradual decay despite trillions of dollars in money printing that was supposed to generate inflation.
Now global markets have a serious risk of social unrest which could lead to panicked sell offs. The next generation is now facing this financial mess. There have been harsh warnings of this in Davos, Switzerland this week at the World Economic Summit.
This trade war is now morphing into a technological war that no one can win (IMO). The world is flat when it comes to technology. Watch out for up and coming India over the next generation. Their low debt load and youthful well educated population will be a force in the technology world. India’s GDP may eventually surpass that of the U.S. in my view.
The U.S. is in a battle to maintain their global power. But the tariff war is unwinnable and may last for years . . . .
Irrespective of Trump winning do you think this trade war and resulting reprocussions was inevitable?
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Jan 27, 2019 | 09:48
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Originally Posted by WiltonRanch
Irrespective of Trump winning do you think this trade war and resulting reprocussions was inevitable?
Wilton, likely the trade war was inevitable Trump or no Trump. It may have taken a different path.
To me, there is an irreversible global economic power shift in the world over the next 10 to 15 years largely led by the debt crisis that lies ahead.
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Feb 2, 2019 | 10:26
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The U.S. Fed is now between a rock and a very hard spot. After grandstanding about multi rate hikes coming in 2019, reducing their balance sheet while ‘normalizing’ rates, late 2018, it appears the opposite may be true . . . .
The U.S. bond market and incoming deflationary pressures are now flashing serious warnings of a fast approaching recession (IMO). This is likely the real reason forcing the Fed to pause. This week, both 2 and 5 year U.S. notes broke below 2.5 percent which may be a wake-up call to central bankers.
The Fed pausing has given temporary, renewed life and to U.S. stock markets in January (IMO). But the bond market begs to differ. This suggests more central bank navel grazing as they have lost control. There is some talk that the Fed may again balloon their balance sheet with renewed QE (money printing). Good grief . . . .
Expect equity market rollercoaster days ahead given this incoming chaotic atmosphere . . . .
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Feb 2, 2019 | 12:33
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Originally Posted by errolanderson
The U.S. Fed is now between a rock and a very hard spot. After grandstanding about multi rate hikes coming in 2019, reducing their balance sheet while ‘normalizing’ rates, late 2018, it appears the opposite may be true . . . .
The U.S. bond market and incoming deflationary pressures are now flashing serious warnings of a fast approaching recession (IMO). This is likely the real reason forcing the Fed to pause. This week, both 2 and 5 year U.S. notes broke below 2.5 percent which may be a wake-up call to central bankers.
The Fed pausing has given temporary, renewed life and to U.S. stock markets in January (IMO). But the bond market begs to differ. This suggests more central bank navel grazing as they have lost control. There is some talk that the Fed may again balloon their balance sheet with renewed QE (money printing). Good grief . . . .
Expect equity market rollercoaster days ahead given this incoming chaotic atmosphere . . . .
good news here
https://www.cnbc.com/2019/02/01/nonf...uary-2019.html
more good news here
https://www.thebalance.com/us-economic-outlook-3305669
even the new york times that bastian of MAGA /sarc
https://www.nytimes.com/aponline/201...-vs-world.html
sure glad we don't have a leader like Trump here, who could put up with all the winning?
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Feb 2, 2019 | 12:45
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Originally Posted by tmyrfield
Thanks tymrfield . . . . no mention of exploding debt or rising bond market risks in any of these press releases. Nobody wants to face-the-boogeyman (IMO).
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Feb 2, 2019 | 13:46
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Originally Posted by errolanderson
Thanks tymrfield . . . . no mention of exploding debt or rising bond market risks in any of these press releases. Nobody wants to face-the-boogeyman (IMO).
In USA under Trump
People are working
wages are rising
economy is booming
gas is cheap
interest rates are low
dollar is strong
and after almost 3 years of Fakenews media saying the boogeyman is coming , americans are now thinking that maybe their is no such thing as a boogeyman...
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Feb 2, 2019 | 17:52
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Originally Posted by tmyrfield
In USA under Trump
People are working
wages are rising
economy is booming
gas is cheap
interest rates are low
dollar is strong
and after almost 3 years of Fakenews media saying the boogeyman is coming , americans are now thinking that maybe their is no such thing as a boogeyman...
And much the same applies to Canada on unemployment, wages, economy etc yet most of you on here choose to portray Trudeau as the bogeyman that's ruining the country. It's all in the perception.
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Feb 2, 2019 | 18:47
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Originally Posted by grassfarmer
And much the same applies to Canada on unemployment, wages, economy etc yet most of you on here choose to portray Trudeau as the bogeyman that's ruining the country. It's all in the perception.
I agree its pretty much the same situation in both countries. Things are overall pretty good but in both cases it is inspite of the leaders not because of them.
I would suggest most of the influence political parties have takes till either a second term or until a new government is voted in to really affect things much.
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Feb 2, 2019 | 20:59
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Originally Posted by grassfarmer
And much the same applies to Canada on unemployment, wages, economy etc yet most of you on here choose to portray Trudeau as the bogeyman that's ruining the country. It's all in the perception.
So I am curious Grassfarmer does this mean you support everything Justin Trudeau has done and wants to do? As well in both September and November according to Statscan Canada's economy contracted with a .3% uptick in October. Is this your opinion of a growing healthy economy?
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Feb 3, 2019 | 09:59
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Many voters seem to have short memories.
The price of oil and other commodities dropped after a significant high price period. High prices attract investment and increased production, like what has happened in the US and oil.
The commodity boom was highly dependent on China's massive and unsustainable growth. It is not surprising that parts of western Canada which are very dependent on exports of commodities are seeing difficult times.
The hyper partisans always love to blame the politicians even in the face of the reality that politicians don't have much control over the price of commodities.
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Feb 3, 2019 | 12:22
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Its government policy that is kicking western Canada , far to much federal regulation is making the business environment unsustainable.
The economy of Sask was stagnant for most of the NDP reign .... to much government regulation kept most wealth creating businesses away or barely sustainable. Pandering far too much on unions and not the economy.
Liberals are doing kinda the the same nationally now. Pandering far too much on special “groups” and not the economy.
But don’t worry , “the budget will balance itself “ .... money will come from space aliens to pay for it all .. or carbon tax .
Oil price in Alberta is a result of failed political policies from Notley and Peter Pan.
Steam plants in Sask are doing very well right now . But if there is a change in government, that could disappear quickly as well . So is it the price of oil ? Or disastrous government intervention?
The current price of peas and lentils are a direct result of political blunders from the India trip .
It will be a matter of time before our canola market gets thrown under the bus from the Chinese.
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Feb 3, 2019 | 12:55
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Originally Posted by furrowtickler
Its government policy that is kicking western Canada , far to much federal regulation is making the business environment unsustainable.
The economy of Sask was stagnant for most of the NDP reign .... to much government regulation kept most wealth creating businesses away or barely sustainable. Pandering far too much on unions and not the economy.
Liberals are doing kinda the the same nationally now. Pandering far too much on special “groups” and not the economy.
But don’t worry , “the budget will balance itself “ .... money will come from space aliens to pay for it all .. or carbon tax .
Oil price in Alberta is a result of failed political policies from Notley and Peter Pan.
Steam plants in Sask are doing very well right now . But if there is a change in government, that could disappear quickly as well . So is it the price of oil ? Or disastrous government intervention?
The current price of peas and lentils are a direct result of political blunders from the India trip .
It will be a matter of time before our canola market gets thrown under the bus from the Chinese.
Furrow thanks for reinforcing my point that partisans blame politicians no matter how complex the economic issues are. World oil prices are not set in Alberta or Saskatchewan. And India imposed the tarrifs on imports for domestic reasons prior to Trudeau's failed visit.
Even without the discounts for lack of infrastructure, oil prices are not doing well in many cases. Conventional oil in Saskatchewan is not priced nor discounted the same as tar sands oil. But lo and behold drilling in Saskatchewan is well below normal. Moe should take the blame? LOL
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Feb 3, 2019 | 13:23
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Complex or not , politics does effect domestic commodity prices .
Policies made in OPEC countries by governments seem to effect world oil prices once in a while lol .
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Feb 3, 2019 | 14:06
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Originally Posted by chuckChuck
Furrow thanks for reinforcing my point that partisans blame politicians no matter how complex the economic issues are. World oil prices are not set in Alberta or Saskatchewan. And India imposed the tarrifs on imports for domestic reasons prior to Trudeau's failed visit.
Even without the discounts for lack of infrastructure, oil prices are not doing well in many cases. Conventional oil in Saskatchewan is not priced nor discounted the same as tar sands oil. But lo and behold drilling in Saskatchewan is well below normal. Moe should take the blame? LOL
If the pipelines in this country were put in on time,there would be a lot less capital leaving this country. Politics has everything to do with it. Why does the USA have no tariff on chick peas but Canada does?
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Feb 3, 2019 | 16:41
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Originally Posted by furrowtickler
.....Oil price in Alberta is a result of failed political policies from Notley and Peter Pan...........
Patently untrue - look at the historical West Texas Intermediate data and tell me how Notley or Trudeau caused the price drop of oil.
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Feb 3, 2019 | 17:09
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Originally Posted by grassfarmer
Patently untrue - look at the historical West Texas Intermediate data and tell me how Notley or Trudeau caused the price drop of oil.
Find a graph for Canadian priced crude
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Feb 4, 2019 | 07:17
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Originally Posted by TASFarms
Find a graph for Canadian priced crude
Why? this one clearly shows there was a global downturn in oil prices that was nothing to do with Notley or Trudeau which was the point of my post.
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Feb 4, 2019 | 07:55
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Furrow. As silly as Trudeau looked.
You can not blame him for India's
Tariffs. The Aussie got hit with them too.
And I think for while a special tariff , when the
First one did not stop the Aussie shipments.
There. Are lots of legitimate gripes about all politicians.
Let's worry about them.
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Feb 6, 2019 | 19:42
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There is now debate about whether the U.S. Federal Reserve should utilize negative interest rates in the next economic downturn. Chances appear to be increasing the Fed may actually begin cutting rates within the year.
But Bank of Canada rhetoric suggests the Cdn economy is growing and strong enough to absorb further rate hikes.
Oh how the cookie crumbles . . . .
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Feb 6, 2019 | 19:51
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Originally Posted by errolanderson
There is now debate about whether the U.S. Federal Reserve should utilize negative interest rates in the next economic downturn. Chances appear to be increasing the Fed may actually begin cutting rates within the year.
But Bank of Canada rhetoric suggests the Cdn economy is growing and strong enough to absorb further rate hikes.
Oh how the cookie crumbles . . . .
https://business.financialpost.com/i...g-a-high-price
when ever i hear of shorting a market...
https://www.bing.com/search?FORM=SLB...+short+trailer
they were right, but at the wrong time and lost everything.
timing is everything, luck is 2nd
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Feb 6, 2019 | 21:33
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Originally Posted by errolanderson
There is now debate about whether the U.S. Federal Reserve should utilize negative interest rates in the next economic downturn. Chances appear to be increasing the Fed may actually begin cutting rates within the year.
But Bank of Canada rhetoric suggests the Cdn economy is growing and strong enough to absorb further rate hikes.
Oh how the cookie crumbles . . . .
Trudeau legalized the bail in last year. When zero percent rates aren't enough to save the too big too fails pucker up savers.
Last edited by biglentil; Feb 6, 2019 at 21:45.
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