Summer Crash?

[HITTGrapevine]

I agree totally. Canadian banks should be able to operate at a profit, but regulated to prevent gouging and bad loans.

If people want non profit lenders there are local credit unions and FCC.

Personally because the banks operate as businesses, they are a lot more business friendly than CU or FCC. But each to their own.

Hear what you're saying but it's bit of a stretch to call FCC a non-profit lender.
FCC revenue from interest charges in 2021 was $1.3 billion.
Net income was more than $800 million.
https://www.fcc-fac.ca/fcc/about-fcc/reports/ar-ra-2020-21-e.pdf

[errolanderson]

Dow Jones transport index appears in-trouble (canary in coal mine IMO), China in clear slowdown, commodity weakness, grain price break and slowing inflation, while central banks try to hold up stock markets with a broom stick.

This could get interesting folks . . . .

[biglentil]

Dow Jones transport index appears in-trouble (canary in coal mine IMO), China in clear slowdown, commodity weakness, grain price break and slowing inflation, while central banks try to hold up stock markets with a broom stick.

This could get interesting folks . . . .

The safe haven is hard assets.

[farming101]

Originally posted March 29/21
Stagflation.
Requires a concerted effort by the whole country to tackle. With everyone pulling a different direction there is no will to tackle stagflation. It would seem likely that the course we are on is the one we will continue on...
Not saying that some sectors will not be in a classic inflation scenario as consumers run from one shiny fishing hook to another. And those looking to protect their net worth try different asset mixes and acquisitions to make a profit. They will, but the economy as a whole will likely experience stagflation

[Marusko]

GDR, they do it slowly so you barely notice it until its over. Little erosions here and there until you are basically in serfdom sitting on land that the govt can take with the stroke of a pen.

Most of Canada is already owned by the crown.

And if you dont think govt cant confiscate an industry through regulation then I have a fishing boat in the Maritimes to sell you.

There is a shred of truth in every conspiracy thats why they are so irresistible

Oh, buddy. The 'enemy' here is overfishing, not government regulation. The fisheries were collapsing from intense harvest above a sustainable rate. Regulations were intended to save what was left before it was too late.

[errolanderson]

MARKET WARNINGS: Collapsing iron ore and now precious metals. Gold and silver stiff price fallout in-progress. 'Buy-the-dip' chant heard again in the equity world, but central bank stimulus has clearly lost effectiveness. Recent weather-related crude oil gains seen temporary at-best. Natural gas now overbought technically. Soybeans and corn remain in-a-downtrend. China commodity business slowing. VIX volatility index calm. Investors remain confident the U.S. Federal Reserve will be the ongoing financial backstop despite the incoming economic slowdown. Recent inflationary pressures seen temporary. Deflationary risks may be just a stock market correction ahead. ProMarket Wire, Calgary

[bucket]

Europe and UK are short on physical natural gas going into winter? Read that somewhere yesterday.

[jazz]

Oh, buddy. The 'enemy' here is overfishing, not government regulation. The fisheries were collapsing from intense harvest above a sustainable rate. Regulations were intended to save what was left before it was too late.

While those helpful govt regulations were in place, the families in that industry went bankrupt and sent the next generation to live in Toronto. So now the maritimes is a hollowed out aging welfare state.

And now chinese boats fish the grand banks.

[shtferbrains]

But still no cod fishery?
How long since Crosby announced that? 30+ years?

[Hamloc]

MARKET WARNINGS: Collapsing iron ore and now precious metals. Gold and silver stiff price fallout in-progress. 'Buy-the-dip' chant heard again in the equity world, but central bank stimulus has clearly lost effectiveness. Recent weather-related crude oil gains seen temporary at-best. Natural gas now overbought technically. Soybeans and corn remain in-a-downtrend. China commodity business slowing. VIX volatility index calm. Investors remain confident the U.S. Federal Reserve will be the ongoing financial backstop despite the incoming economic slowdown. Recent inflationary pressures seen temporary. Deflationary risks may be just a stock market correction ahead. ProMarket Wire, Calgary

So the price of Aluminum is just under $2900 per tonne up over 45% from Jan. 1 and up over 70% from pre pandemic levels. Certainly looks like a commodity price collapse!

[errolanderson]

Must be just about time for the next leg up.

Good point jwab . . . but a number of factors appear surfacing quickly (overnight) that can change of the direction of markets quickly.

Normally, don't post alerts on agriville, but the Fed has investors smelling-the-Koolaid, when there isn't any. Commodity rallies tend to be short-lived . . . selloffs are unexpected and harsh by-nature.

[Marusko]

While those helpful govt regulations were in place, the families in that industry went bankrupt and sent the next generation to live in Toronto. So now the maritimes is a hollowed out aging welfare state.

And now chinese boats fish the grand banks.

those families were on that trajectory already, with or without regulations.