Canada's Household Horror Show | IceCap Canadian Market Wrap Episode 10

[@MultiToadster]

Thanks for your insight.

[@BenScott1988]

Did the Boomer choose the intro music? Great content as always!

[@IceCapAssetManagement]

He did! Hahaha - Thanks for watching.

[@zeemuppetry5694]

Boomer got his hands on GarageBand.

[@marcgatto9675]

'Kids In The Hall' type riff.

[@nickzivs]

Central banks have lost control and the longer duration part of the curve reacting the way it has after cut announcements proves it. Inflation is here to stay as fiscal deficits continue to rip and the cycle of higher wages demand which begets higher prices for goods and services continues to roll on. This is more or less the “inflate away the debt” playbook that’s been seen in Germany post WWI and the US post WW2. What’s the release valve? The currency. Liquidity is expanding … just not really at an affordable price for large chunks of the population. You will own nothing and be happy because you will not be able to afford to borrow money credit to buy something. In the end, imho the debtors and asset holders will receive the wealth transfer as they have been at the expense of the savers and lenders.

[@Keepasking123]

I appreciate the explanations. Trying to learn :)

[@IceCapAssetManagement]

Thanks for watching!!

[@zomgoose]

congrats on your learning journey 👍

[@bc5810]

Great summary of that data, thanks!

[@IceCapAssetManagement]

Glad it was helpful!

[@mcp1937]

Thanks Rich, great vid as always. I’ll ask again but would love if you could explain to us rubes (probably only me), why we are seeing US yields surge and others not as much. I mean why would I buy a cdn 5yr at, call it 3, and not a 5yr treasury at 4? I get they’re running a big deficit, but as are we. So if you get a chance, would really love an explanation as to who’s buying these bonds?

[@michaelschliwa1096]

Excellent work

[@IceCapAssetManagement]

Thank you! Cheers!

[@YuriKhrustalev]

thanks for the overview

[@donm2067]

Well Rich, you have grown on me. You earned a sub.

[@IceCapAssetManagement]

Hey thanks so much!!

[@KevinJaako]

Thanks again, Rich (…and Boomer) - That “no respite from rates” chart is very interesting. As someone who is riding variable on its way down and watching fixed go up, I’d love some insight on the current projections on when to lock in - maybe a topic for a future Loonie Hour?

[@IceCapAssetManagement]

Hey Kevin, Thanks for watching. I really appreciate the support. But, due to regulatory reasons, I can't provide any investment advice and I wouldn't feel comfortable suggesting when you should lock in your rate without a proper conversation about your financial situation and constraints, etc. I hope you understand.

[@refixed]

Rich, are these being made available as audio-only podcasts anywhere? or just on youtube? thanks

[@IceCapAssetManagement]

Yes the can be for sure! I just haven't done so because they are so chart heavy.

[@marcgatto9675]

Rich, I have it on good authority that Chrystia Freeland is not happy with you. Just sayin 😅

[@IceCapAssetManagement]

Why? Because I can use the internet? :) Thanks for watching!