The Loonie Hour

The U.S. Treasury is taking steps that could help suppress long-term interest rates as exploding government debt and interest costs put increasing pressure on the financial system. We break down what this shift means for bonds, the U.S. dollar, commodities, Canadian housing and global markets. We also touch on Canada-U.S. trade, the Churchill Falls energy deal, rising diesel prices, Argentina, various speculative assets like crypto and Bitcoin skyrocketing, and the worsening economic slowdown in China.

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Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
08:21 Canadian Housing Update
13:22 Mortgage Rates and Housing Risk
16:04 Canada-U.S. Trade Deal
17:48 Churchill Falls Energy Megadeal
26:53 The U.S. Bond Market Intervention
30:58 How the Treasury Is Suppressing Long Rates
35:53 America’s Exploding Interest Costs
40:36 Canada’s Debt Problem
46:37 What Higher Rates Would Do to Housing
50:48 Commodities vs Financial Repression
54:17 The Commodity Supercycle
56:50 Diesel Prices Are Surging
57:57 Argentina and the Currency Crisis
01:02:52 China’s Economy Is Getting Worse
01:07:25 Global Macro Trends Are Strengthening
01:08:03 Canada Inflation Update
01:08:45 Closing Thoughts

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #globaldebt

We sit down with Jim Thorne, Chief Market Strategist at Wellington-Altus Private Wealth, where he believes that we are setting up for a Secular Bull Market coming up. We go through the global debt problem, and why AI could fuel a massive new investment cycle. Lastly, we'll touch on falling rates, explosive earnings growth, Bitcoin’s generational opportunity, and whether today’s technology boom ultimately ends like the dot-com bubble. We also discuss Canada’s economic challenges, a country deserving to be one of wealthiest in the world, yet decades of poor policy and underinvestment have left us falling behind.

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Check out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!

Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
04:41 Introducing Jim Thorne
10:39 What Went Wrong With Canadian Finance?
13:45 Why Canada Is Falling Behind
16:04 Canada’s Natural Resource Problem
22:41 The Global Debt Problem
24:36 Canada Enters Secular Stagnation
29:01 The AI CAPEX Supercycle
33:15 What Happens to Canada and Europe?
34:43 Trump’s Economic Strategy
36:17 Carney Understands the Global Pivot?
38:37 The Problem With Canadian Banks
39:24 Canada’s Coming Structural Adjustment
44:21 Why Higher Rates Can Increase Inflation
45:19 The Fed’s Next Move
49:36 AI, Growth, and the Stock Market
50:19 Why Jim Thinks Bond Yields Fall
56:09 Trump, Crypto, and Tokenization
57:31 The Great Bond Debate
58:07 The Bitcoin Debasement Trade
58:31 “Bitcoin Is a Generational Opportunity”
01:00:40 Post-Interview Reaction
01:02:47 The End of the Keynesian Supercycle
01:05:08 America’s Exploding Interest Bill
01:06:00 Gold, Bitcoin, and Debasement
01:09:35 Can AI Solve the Demographic Problem?
01:11:24 America Is Sucking Capital From the World
01:12:31 The AI Agent Economy
01:13:51 Another Dot-Com Bubble?
01:15:27 Outro

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #bullmarket

Why is the US stepping in to help Japan, and what does it mean for Canadians? China’s multi-decade tax crackdown, and $2.7 billion in new federal funding for rental units - plus the latest data on Canadian housing and rate expectations.

Stay Up To Date With The Loonie Hour Substack:
https://looniehour.substack.com/about

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
0:00 Introduction
06:29 Canada’s Housing Market Still Struggling
09:24 Condo Inventory Is Finally Falling
10:50 Where Are Canadian Mortgage Rates Going?
14:58 Is the Housing Crisis Already Being Solved?
18:42 Canada’s Housing Affordability Is Improving
20:11 Is Canada Becoming a Nation of Renters?
23:06 China Launches a Global Tax Hunt
25:21 China’s Banking System Is in Trouble
29:55 Real Estate vs Gold as a Store of Wealth
33:04 Japan’s Yen Crisis Explodes
35:39 The U.S. Steps In to Help Japan
38:13 Why Global Bond Yields Are Rising
41:06 Why America Is Helping Japan
43:34 The U.S. Dollar “Escape Room”
47:15 Trump, Warsh and the Federal Reserve
49:09 Is the Treasury Manipulating the Yield Curve?
51:34 U.S. Housing Is Completely Frozen
53:28 The Politics Behind the Yen Intervention
55:22 Could Jackson Hole Bring a Major Policy Shift?
56:35 America’s 7% Mortgage Problem
58:31 Where Does the Yen Go From Here?
01:00:25 Gold Is Starting to Move Again

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #federalreserve

The Federal Reserve is changing how it communicates with markets, and the ripple effects are being felt across bonds, currencies, housing, and equities. We break down Kevin Warsh’s shift away from forward guidance, why long-term Treasury yields continue to climb, and what it could mean for interest rates going forward. We also discuss New York’s proposed second-home tax and government-backed grocery stores, the escalating conflict between the US and Iran, Korea’s margin-call meltdown, growing weakness in the bond market, pressure on the Canadian dollar, and why the energy sector may present one of today’s most compelling investment opportunities.

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Schedule a call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
04:58 Canada’s Housing Bailouts Aren’t Working
09:14 Will Higher Taxes Drive Capital Away?
15:31 Canada’s Empty Homes Taxes
16:57 When Homeowners Are Forced to Sell
20:10 Could Canadian Housing Stagnate for a Decade?
21:51 Kevin Warsh’s New Federal Reserve
22:51 The End of Forward Guidance
24:44 Why the Fed May Raise Interest Rates
26:22 Is the US Dollar About to Explode Higher?
28:34 Quantitative Easing Never Really Ended
30:50 What to Expect at Jackson Hole
32:19 US 30-Year Treasury Yields Surge
33:49 Could Long-Term Rates Eventually Reach 20%?
37:02 America’s Growing Debt Wall
39:01 Why the Bond Market Keeps Deteriorating
41:48 The US-Iran War Escalates Again
42:44 Are We Already in World War III?
45:13 The Rotation Out of Technology Stocks
46:22 Korea’s Leveraged Investing Disaster
47:02 The AI Hedge Fund That Blew Up
50:59 The Market’s Back-to-Back Bubbles
52:15 Hedge Funds Turn Bearish on the Canadian Dollar
54:26 The Market’s Biggest Current Debate
55:12 US Mortgage Rates Reach a One-Year High
56:19 America’s Multifamily Housing Crisis
57:06 Cheap Money Created an Oversupply Problem
57:30 The Feds Inflated Home Prices

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #geopolitics

Geopolitical Expert Dr. Pippa Malmgren breaks down what is really driving global markets, energy policy, and the massive geopolitical shifts happening right now.
We looked at why & why the US is reshaping global energy control, the tough choice Canada faces between old European ties and a changing American strategy, and where the global economy is heading next as tech, nuclear power, and space take over.
Visit Dr. Pippa Malmgren's Substack here:
https://substack.com/@drpippa

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Schedule a call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
07:43 Pippa Malmgren Joins the Show
10:21 The Nuclear Energy Revolution
11:44 Globalism Is Changing
14:44 Which Countries Are Embracing the Future?
20:56 What Canadians Are Missing About America
26:18 AI Is Creating a New Economic Model
28:44 Does Canada Discourage Risk-Taking?
33:51 The Arctic, Space & the New Global Economy
37:17 Data Centers Are Moving to Space
39:13 Small Modular Reactors & Unlimited Energy
43:36 Why Nuclear War Is No Longer an Option
46:30 China, Russia & the Push for Peace
50:30 What Happens After Trump Leaves?
53:35 Iran, Venezuela, Taiwan & Ukraine Are Connected
54:28 Moving the World Beyond Oil & Gas
55:45 Canada’s Identity Crisis
1:01:02 Establishment vs. Anti-Establishment
1:01:55 The World in 5–10 Years
1:05:52 What Rwanda Can Teach Canada
1:06:54 Canada Could Become a Space Nation?

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #canada #geopolitics