The Loonie Hour

The Bank of Canada Threatens To Break The Housing MarketThe Federal Reserve raises rates by 75bps the largest rate hike since 1994. The Swiss National Bank also shocked with a 50bps rate hike. Sovereign debt bubbles are now facing immense pressure, particularly in Europe and Japan. The crypto market is imploding and the tech sell-off continues. Canadian Real Estate prices fall for second consecutive month. See omnystudio.com/listener for privacy information.

More hawkish rhetoric from the Bank of Canada as they prep for another rate hike. Mortgage rates in Canada are now at their hightest levels in 2008 and some banks are pulling the cord. Meanwhile, the Euro Zone preps for to hike rates to zero as inflation surges. See omnystudio.com/listener for privacy information.

The Bank of Canada raised interest rates another 50bps this week. They remain very hawkish and suggest that interest rates may need to go north of 3% in order to get inflation down. Meanwhile, housing in Canada continues to slow. Financial repression continues in Europe and debt forgiveness in the United States. See omnystudio.com/listener for privacy information.

The boys predict what the Bank of Canada will do at their meeting next week. Oil prices continue to strain global markets and governments are reacting as expected with helicopter money and taxes on corporate profits. See omnystudio.com/listener for privacy information.

Inflation in Canada ticket higher once again, running at three decade highs. Food and shelter inflation is also increasing, creating social and political pressures. The Canadian housing market continues to slow. See omnystudio.com/listener for privacy information.

All hell has broken loose in the crypto market. One of the most popular Crypto projects, Luna, has basically gone to zero. Losses are piling up, but not just in crypto. Year to date, $35 trillion of global market value has been erased. Dollar pegs are under pressure across the world as we get closer to a financial accident. This episode was recorded live in Vancouver!See omnystudio.com/listener for privacy information.

The Fed raised rates by 50bps and said another 50bps should be on the table for the next couple of meetings. Meanwhile, equity markets continue to sell-off and there are signs that bank lending is tightening in a big way. Loonie Hour Live Event Tickets:https://www.eventbrite.com/e/the-loonie-hour-live-in-vancouver-tickets-326025299447See omnystudio.com/listener for privacy information.

Troubles are brewing in Japan as the Yen continues to depreciate against a surging USD, falling to a 20-year low. Cracks are also starting to surface in China. Keep in mind all of this is happening with the Fed having raised rates a mere 25bps.Loonie Hour Live Event Tickets:https://www.eventbrite.com/e/the-loonie-hour-live-in-vancouver-tickets-326025299447See omnystudio.com/listener for privacy information.

Inflation hits 30 year high in Canada, more rate hike increases expected. Are we nearing the detonation of the sovereign debt bubble? Plus more musings in China, Europe and Japan.Loonie Hour Live Event Tickets:https://www.eventbrite.com/e/the-loonie-hour-live-in-vancouver-tickets-326025299447See omnystudio.com/listener for privacy information.

Canada’s Housing Market in the Crosshairs of Tiff MacklemThe Bank of Canada raised rates by 50bps, the largest move in over 20 years. How far will they go? In this episode we discuss the likelihood of a financial mishap and the concerning outlook for the nations housing market. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 The Loonie Hour on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL3N0ZXZlL2ZlZWQueG1s#TheLoonieHour #Macroeconomics #PersonalFinanceCanadaSee omnystudio.com/listener for privacy information.