142 episodes

The Loonie Hour is a Canadian based macro economic podcast covering newsworthy events across the globe and how they will impact Canadians.

The Loonie Hour Steve Saretsky

    • Business

The Loonie Hour is a Canadian based macro economic podcast covering newsworthy events across the globe and how they will impact Canadians.

    Rent Inflation is Squeezing the Bank of Canada

    Rent Inflation is Squeezing the Bank of Canada

    Rent inflation surged pushing the CPI basket higher. The Liberals lose an important by election in Toronto. Will JT resign? Toronto new home sales fall off a cliff. The labour market weakens for new immigrants. The Japanese yen continues to roll lower, a key signpost for the global sovereign debt bubble.
    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.

    • 1 hr 10 min
    Record Short Position on the Canadian Dollar

    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)
    See omnystudio.com/listener for privacy information.

    • 1 hr 10 min
    Hawkish Powell Says Fed Will Only Cut Rates Once

    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.

    • 1 hr 2 min
    The Rate Cutting Cycle Has Begun

    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
    See omnystudio.com/listener for privacy information.

    • 1 hr 8 min
    Canadian Households Need to Adjust to Higher Mortgage Rates - w/ guest Doug Porter

    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.

    • 1 hr 10 min
    Inflation Drops Ahead of Bank of Canada Meeting

    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.

    • 1 hr 6 min

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