141 episodios
The Loonie Hour Steve Saretsky
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- Economía y empresa
The Loonie Hour is a Canadian based macro economic podcast covering newsworthy events across the globe and how they will impact Canadians.
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Record Short Position on the Canadian Dollar
Cities are taking housing accelerator funds and then raising development fees to crush supply. Canada's population surges again. Living standards have not improved in 7 years. Government muzzles oil and gas companies from promoting fossil fuels. Speculators have a record short position on the loonie.
Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
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Hawkish Powell Says Fed Will Only Cut Rates Once
US CPI data came in softer than expected but that didn't sway the fed. Projections now call for one cut this year. Producer prices are outright declining. Canadian housing can't be fixed, surging taxes killing development. The pendulum is swinging to the right as voters reject the status quo.
Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
See omnystudio.com/listener for privacy information. -
The Rate Cutting Cycle Has Begun
Bank of Canada slashes interest rates, suggests more to come. The ECB also cuts rates, is the Fed next? Economic data is now softening in the US. Why this probably won't save the Canadian housing market. Private debt fund in Canada halts redemptions in a sign of things to come. Foreign interference corruption in Ottawa.
Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
Calgary Social Hour Event: June 13th Buy Now: https://www.eventbrite.com/e/loonie-hour-calgary-social-june-13th-tickets-921020736817
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Canadian Households Need to Adjust to Higher Mortgage Rates - w/ guest Doug Porter
We are joined by BMO's chief economist Doug Porter. The Bank of Canada will cut, probably in June. Don't expect bond yields or fixed mortgage rates to budge. Inflation is nearly defeated in Canada but not the US. Weak investment in Canada to continue with capital gains increases.
Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8
BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.
BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
See omnystudio.com/listener for privacy information. -
Inflation Drops Ahead of Bank of Canada Meeting
CPI drops back within the Bank of Canada's target range, will it be enough for a cut in June? Population growth surges with some cities growing more than 6%. AirBnb bans will hit the tourism sector in some Canadian cities.
Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8
BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.
BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
See omnystudio.com/listener for privacy information. -
Markets Melt Higher as Economic Data Weakens
US CPI cooled last month, along with retail sales. Canadian job numbers surprise to the upside giving further hesitation for the Bank of Canada. Banning China EV's, batteries and solar panels despite the war on climate change? Financial Markets drift higher.
Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8
BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.
BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
See omnystudio.com/listener for privacy information.