Volatility Alert (VIX)

[errolanderson]

Calm start to markets tonite. Fingers crossed . . . .

[furrowtickler]

Hopefully calm heads prevail over the Iran / Israel situation

[Old Cowzilla]

Oil seeds start trending up me thinks along with a few other grains good weather or not.

[jdg364]

Hopefully calm heads prevail over the Iran / Israel situation

“Iran telegraphed its actions well in advance, most of the missiles and drones were downed before reaching military targets..Israel’s war cabinet authorised retaliatory strikes, but a sternly-worded message from the White House appears to have put reprisals on the back burner for now. Longer-term escalation remains a risk,.” From one of my morning emails

[hobbyfrmr]

The fiat money is broken.
When a coked up Freeland announces the Canada budget, turn down the volume on the TV and play Elvis Presley “In the Ghetto” on your phone.
No “other” politician is going to fix this. 1.22 McMillion $CAD of debt. Mathematically impossible to repay. [url]www.debtclock.ca[/url]
Don’t shoot the messenger.

[hobbyfrmr]

I killed the thread!
Did I say the quiet part out loud?
No fact checkers?

[shtferbrains]

Socialism never works.

[furrowtickler]

I killed the thread!
Did I say the quiet part out loud?
No fact checkers?

Can’t really dispute your post . It’s unfortunately what’s happening

[Old Cowzilla]

Even the CBC didn't give the budget a very good review no candy for them. Lots of employees will be refreshing their resumes this morning

[errolanderson]

Energies now breaking down. June WTI oil appears now in-a-downtrend. Providing world duct-tape holds together, oil appears vulnerable to again break below $80 per barrel. Diesel on defensive as well.

Realize no one believes this, but major support for WTI technically is around $63.50 per barrel on a full-blown washout. This recession will be a doozy (IMO).

[errolanderson]

It’s definitely begun . . . . Dow Jones over the past month.

Dow making move toward 36,000 support? 1st stop represents a 10% correction.

U.S. equities now a bear market (IMO).
Powell in a no-win. Talking actually hiking rates, but crash-the-economy. Or battle the much bigger consumer debt fire and cut rates. CUT RATES ASAP (IMO).

Bank of Canada must be in emergency meetings right now.

[sumdumguy]

38/40 = >90% No big deal

[errolanderson]

Lumber futures over the past month.

[Old Cowzilla]

Looks like a good time to buy in if the gov is going to build a million homes.

[errolanderson]

Massive asset deflation in-progress. Banks at-risk, commercial real estate collapsing. What are central bankers looking at? Inflation will be corrected via the consumer credit fallout (IMO). Debt crisis now dwarfs inflation.

Rates need to be cut right now.