The Loonie Hour
Episodes
Canadian Banks Positioning for Soft Landing?
26 Aug 2022
Contributed by Lukas
Canadian banks announced earnings and are increasing their loan loss provisions, but likely not enough considering the outlook for the nations housing...
Canadian Housing Market Dropping at Quickest Pace since 1980's
19 Aug 2022
Contributed by Lukas
Seasonally adjusted average house prices have now dropped the most since the 1980's. Inflation is subsiding but central banks are determined to push a...
Bear Market Rally On Softer Inflation Data
12 Aug 2022
Contributed by Lukas
US inflation has made the turn and is now trending lower, but will it fall enough to allow central banks to pivot? Markets are ripping on potentially ...
Bubbles Are Bursting in Two of the Largest Housing Markets
05 Aug 2022
Contributed by Lukas
Will the Central banks cave on their inflation mandate in the eyes of weakening economic data? The Bank of England just raised interest rates 50bps an...
The Recession is Here, When Will Central Banks Pivot?
29 Jul 2022
Contributed by Lukas
The US federal Reserve raised interest rates another 75bps. More interestingly is that Powell will be removing forward guidance, and all future rate h...
The End of Negative Rates In Europe & Bank Runs in China
22 Jul 2022
Contributed by Lukas
CPI inflation in Canada came in at a 40 year high, but was below market expectations. Has inflation peaked from a rate of change perspective? Meanwhil...
Bank of Canada Shocks Markets With Largest Rate Hike in 24 Years
15 Jul 2022
Contributed by Lukas
The Bank of Canada shocked markets with a 100bps rate hike, the largest rate hike since 1998. Variable rate mortgages are going up and we could soon s...
Food Inflation Leading To Social Unrest Across The World
08 Jul 2022
Contributed by Lukas
Fixed Mortgage rates appear to have finally peaked and are now moving lower as markets price in an economic recession. The first major Canadian bank h...
Are We Already In A Recession?
01 Jul 2022
Contributed by Lukas
Latest data from the Atlanta Fed is suggesting we might already be in a recession. Meanwhile, home sales continue to slow in suburban housing markets,...
Are Markets Finally Pricing In An Economic Downturn?
24 Jun 2022
Contributed by Lukas
Canada's inflation rate ripped higher once again, hitting 7.7% year-over-year and surpassing market expectations yet the 5 year bond yield fell on the...
Sovereign Debt Bubbles Ready To Pop
17 Jun 2022
Contributed by Lukas
The Bank of Canada Threatens To Break The Housing MarketThe Federal Reserve raises rates by 75bps the largest rate hike since 1994. The Swiss National...
The Bank of Canada Threatens To Break The Housing Market
10 Jun 2022
Contributed by Lukas
More hawkish rhetoric from the Bank of Canada as they prep for another rate hike. Mortgage rates in Canada are now at their hightest levels in 2008 an...
Will The Bank of Canada Get Interest Rates To 3% This Year
03 Jun 2022
Contributed by Lukas
The Bank of Canada raised interest rates another 50bps this week. They remain very hawkish and suggest that interest rates may need to go north of 3% ...
Households Are Tapping Out Under Inflationary Pressures
27 May 2022
Contributed by Lukas
The boys predict what the Bank of Canada will do at their meeting next week. Oil prices continue to strain global markets and governments are reacting...
Central Banks Can’t Print More Oil & Wheat
20 May 2022
Contributed by Lukas
Inflation in Canada ticket higher once again, running at three decade highs. Food and shelter inflation is also increasing, creating social and politi...
Risk Happens Fast, $35 Trillion of Wealth Evaporated
13 May 2022
Contributed by Lukas
All hell has broken loose in the crypto market. One of the most popular Crypto projects, Luna, has basically gone to zero. Losses are piling up, but n...
Fed Hikes, Asset Markets Tumble
06 May 2022
Contributed by Lukas
The Fed raised rates by 50bps and said another 50bps should be on the table for the next couple of meetings. Meanwhile, equity markets continue to sel...
The Japanese Yen is Signaling Troubles Ahead
29 Apr 2022
Contributed by Lukas
Troubles are brewing in Japan as the Yen continues to depreciate against a surging USD, falling to a 20-year low. Cracks are also starting to surface ...
Yield Curve Control or Currency Crisis, The Central Bankers Dilemma
22 Apr 2022
Contributed by Lukas
Inflation hits 30 year high in Canada, more rate hike increases expected. Are we nearing the detonation of the sovereign debt bubble? Plus more musing...
Canada’s Housing Market in the Crosshairs of Tiff Macklem
15 Apr 2022
Contributed by Lukas
Canada’s Housing Market in the Crosshairs of Tiff MacklemThe Bank of Canada raised rates by 50bps, the largest move in over 20 years. How far will t...
The Federal Government Unveils Rosy Budget Projections
08 Apr 2022
Contributed by Lukas
The updated Federal Budget was announced with some optimistic projects and of course, housing tweaks. In this episode we discuss what this means for t...
Policy Makers Are Screwed Either Way, Bond Holders Will Pay The Price
01 Apr 2022
Contributed by Lukas
Mortgage rates continue to rip higher and will hit home buyer demand in the months ahead. Canadian households remain more vulnerable than their peers ...
Surging Mortgage Rates Could Break Canadian Real Estate
25 Mar 2022
Contributed by Lukas
Mortgage rates are ripping, what happens when they hit 4% here in Canada? Meanwhile, Trudeau and Jagmeet partner up to create a deficit spending machi...
Waiting for the Detonation, Central Banks Turn Hawkish
18 Mar 2022
Contributed by Lukas
The Fed has officially begun raising interest rates with what is expected to be many more by year end. How will this play out? Meanwhile an update on ...
Are We Setting up for a New Monetary System?
11 Mar 2022
Contributed by Lukas
Commodity inflation will put central bankers in an uncomfortable spot in the coming months. We are seeing currencies being debased at a rapid pace, se...
Liftoff! Bank of Canada Begins Rate Hiking Cycle
04 Mar 2022
Contributed by Lukas
For the first time since 2018 the Bank of Canada has begun raising interest rates. In this weeks show we analyze the move and make predictions on the ...
The Invasion Has Begun, Macro Chess, and the Central Bankers Dilemma
25 Feb 2022
Contributed by Lukas
Russia has officially invaded Ukraine. What does this mean for markets and for Canada? Is this the air cover central banks were looking for? The gents...
Recession Signals, Oil Bulls, & Ukraine
18 Feb 2022
Contributed by Lukas
The yield curve is flattening which is pointing towards possible recession signals ahead. Meanwhile, Rich lays out the bullish thesis for oil and the ...
The Global Sovereign Debt Bubble
11 Feb 2022
Contributed by Lukas
US inflation ripped to a 40 year high and central bankers are going to react by hiking interest rates on top of a global sovereign debt bubble. There ...
Truckers in Ottawa, Wealth Gaps, and The Fourth Turning
04 Feb 2022
Contributed by Lukas
The trucker convoy has landed in Ottawa. What are the implications from a societal, political, and financial perspective? Meanwhile, Canada's banking ...
The Bank of Canada Shocks The World, But Not The Loonie Hour
28 Jan 2022
Contributed by Lukas
The Bank of Canada shocked many in the financial world when they kept rates on hold this week. People were seriously pissed off. However, the gents at...
The Bank of Canada Will Tighten Into Market Turmoil
21 Jan 2022
Contributed by Lukas
Every mainstream bank economist is calling for aggressive rate hikes from the Bank of Canada. How far will they get? Meanwhile, national home prices r...
Inflation Hits 40 Year Highs and Housing Bubble Trouble
14 Jan 2022
Contributed by Lukas
Inflation hit 7% in the US, a 40 year high. We can expect a similar print coming to Canada very soon. Meanwhile, the Canadian bank execs are pleading ...
Record Home Sales and Quicker Rate Hikes
08 Jan 2022
Contributed by Lukas
The US Federal Reserve is getting revved up and pushing rate hikes forward. Expect volatility ahead as markets digest all of this. Nearly every other ...
The Loonie Hour Forecasts The Year Ahead
31 Dec 2021
Contributed by Lukas
We're back for our final episode of this year. The lads make some predictions for the year ahead, including home prices, central bank interest rates, ...
Rolling Lockdowns Across Canada, Now What?
24 Dec 2021
Contributed by Lukas
The Covid lockdowns are back across Canada. What does this mean for future growth and interest rates? Are we losing faith in our institutions and are ...
The Canadian Government Unveils a Fiscal Debt Bomb
17 Dec 2021
Contributed by Lukas
The Bank of Canada updated their monetary policy framework, joining hands with the Federal Government. Canada's debt situation is an utter mess with n...
Inflation Expectations Are at a 20 Year High in Canada and the BoC Isn't Budging
10 Dec 2021
Contributed by Lukas
Consumer inflation expectations are at a 20 year high and the Bank of Canada continues to push back saying they won't raise interest rates until mid 2...
Higher Wages & Higher Taxes are in Canada's Future
03 Dec 2021
Contributed by Lukas
Higher wages are coming to Canada. As the workforce ages there will be a shortage of workers, which means Canada will also rely more heavily on immigr...
Who's Responsible For Canada's Housing Bubble
26 Nov 2021
Contributed by Lukas
The Bank of Canada is now blaming Real Estate investors for pushing home prices higher. But who is really to blame? In this argument we discuss the on...
Food Inflation & Cancelling The Debt
19 Nov 2021
Contributed by Lukas
Canada's food inflation is about to get worse, at least for those living in BC. A once in a lifetime flood has wiped out farmland in the province of B...
A Financial Accident is Brewing, The Case For Deflation
13 Nov 2021
Contributed by Lukas
We all know inflation is running hot. Is there still a case for deflation? We argue a financial mistake is still a real threat and that could bring a ...
Canada needs Oil as much as it needs Real Estate
05 Nov 2021
Contributed by Lukas
The energy sector in Canada contributes to nearly 25% of GDP. We sell oil and gas to pay for the goods we buy from other countries, ultimately improvi...
Is this the End of Money Printing For Canada?
29 Oct 2021
Contributed by Lukas
The Bank of Canada has announced the end of QE but will continue the reinvestment phase. Interest rates are poised to rise in 2022. How will this all ...
Inflation Hits 18 Year High In Canada
22 Oct 2021
Contributed by Lukas
Still nothing final here, let me know if you have any ideas but usually it’s your socials first, subscribe button, etc.#TheLoonieHour #Macroeconomic...
Is The Bank of Canada Cornered?
15 Oct 2021
Contributed by Lukas
Still nothing final here, let me know if you have any ideas but usually it’s your socials first, subscribe button, etc.#TheLoonieHour #Macroeconomic...