DEFLATION: Comin-in strong

[Old Cowzilla]

Corn ,beans and canola might be the only thing to grow next year as so these refineries can get some much needed fuel for the war machine.

[errolanderson]

China’s deflation now all encompassing. Real estate collapse in-progress. Credit markets squeezed..

This is impacting all global commodities, including oil. Believe WTI oil again vulnerable to break $80 per barrel. So far Gaza crisis has not impacted Middle East flow. U.S. oil inventories have surged recently. Gasoline stocks ample. Further diesel fallout?

[biglentil]

Its hotter than a habanaro out there, interesting times indeed.

Bond market tanking, 30yr bonds have lost 46% of their value since 2020. Defaults crushing bank balance sheets, unlike 2008 there wont be a bail out but a bail in. Things have far from cooled off in the Middle East, revenge begets more revenge, another major pipeline has been destroyed in the Baltic sea, Iran causing trouble near the straight of Hormez. The Hamas leader just declared Jihad all over the world beginning Friday Oct 13. Glyphosate just jumped $2/litre.

October 14th is a ring of fire Solar Eclipse followed shortly after by a Lunar Eclipse if you are at all into astrology. Its said millionaires do not concern themselves with astrology billionaires do.

For everyone's sake lets pray that cooler heads prevail, but have some paper towel on hand if and when the fecal matter touches the rotary air mover.

[sumdumguy]

Time to start buying bonds, opportunity knocks.Soon they’ll be giving them away. 😂

[jazz]

Time to start buying bonds, opportunity knocks.Soon they’ll be giving them away. 😂

US is now printing up some $50B a day, $200B a week, $1T per month.

I wouldnt touch any country's sovereign debt with a 20 ft pole.

Farmland sure looks good though, up 17% last yr. in Sask.

[biglentil]

US debt increased by 550b in just 3 weeks. That used to be a bad a quarter, now just a few weeks. Almost like they are preparing for something major.



PPI and CPI running hotter than expected. Inflation aint in the rear view mirror, what we have experienced over the past few years might be called the good ole days.

[jazz]

Meanwhile in Canada.

Inflation aint budging until govts stop spending like mad men. And I dont see that happening.

[biglentil]

"We’re not expecting a recession in Canada." - Tiff Macklem, today

Reminds me of inflation is transitory.