The stock markets have been drifting higher, but October tends to be the most volatile month of the year. Volatility ahead? Markets Drifting Higher...But...Market Update - October 6, 2025

The Canadian dollar has been underperforming the US dollar since June and looks to move lower over the next two months.

Fiscal dominance is just an excuse to allow the government to take the position that they will "grow (spend) their way out of debt." We all know this will never happen. Every government says that they are investing for the future...every government. Some even try to separate

Canadian dollar getting hammered today. USDCAD "blasted right through its 200-day moving average."

Canada’s financial sector needs more competition, not more regulations, Bank of Canada Deputy Governor says Agreed. Canada has become an over-regulated society. As a result Canada's productivity is lagging. Government spending will not help solve this situation. The government

Strong results. Good news for Canada. However, Canadian data tends to be very "lumpy." Need to see more of a trend before getting too excited.

Automatic tax filing would be a great idea if it were accompanied by a flat tax with no deductions. A flat tax would help to raise the productivity of Canada as it would remove the overburdensome regulations that require so much time and effort to comply with. Lower income

This time around....it is China re-starting the trade war. They knew that it would caused an outsized response from Trump. It is possible that we could see this "episode" last longer than previously. China did not re-start just to back down...that is not how they work.

Canada is at a crossroads—a per capita recession, a productivity emergency, high debts and capital flight. The solution is reducing government regulations, reducing government spending (all spending) and creating a competitive environment for companies to help develop the

China Holds the Cards? - Market Update - October 13, 2025

In October, once earnings starts, it tends to bring volatility and weaker markets until the last few days of October.

Thackray's October 2025 Newsletter in Video Format...

Who would have thought that the Eurozone’s/EU’s second most important economy would have an A+ rating? Me. I have talking about how France is very badly run for a long time. The government keeps giving money away and spending recklessly. This needs to change or it is only

Agreed. I think a lot of investors are letting their personal feelings towards Trump and the US cloud their vision and understanding of the monetary system. The U.S. economy is in much better shape than the U.K., France, Germany, Japan and the list goes on.

Unfortunately, western countries believe that big government is the answer. Nothing could be further from the truth. Increased government spending is not the answer, it is the problem. The government's job is to set up conditions that attract businesses to locate in the country

Good Saturday video to watch. Great background on rare earth elements. You might as well watch and get up to speed because there is going to be a lot more discussion on rare earth elements in the future.. a lot more.

The stock market was positive last week, but there were some strange signals in the market. The regional banks corrected sharply last week...is there more to come? Weekly Update - October 20, 2025

Canada inflation All of the inflation metrics for Canada came in above expectations. The two most followed indexes, CPI Core - Median YoY% and CPI Core- Trim YoY%, remain above 3%.

Both gold and uranium are in secular bull markets. There will be pullbacks. In recent years, both gold and uranium have had a rally, followed by consolidation, followed by another rally... If there is a pullback, maybe it is the first leg of a consolidation?

This week, the earnings season moves into full swing, with some major companies reporting. With the trouble in the sub prime markets, Blue Owl's earnings will be important to watch. Market Update - October 27, 2025