The Loonie Hour

Hosted by Steve Saretsky

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264

Latest episode

Oct 2026

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EN-US

About the show

The Loonie Hour is a Canadian based macro economic podcast covering newsworthy events across the globe and how they will impact Canadians.

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October 16, 2026Episode 2641 hr 15 min

Big Six vs Big Crypto: The Fight for Your Deposits | The Loonie Hour Episode 264

Today, we're joined by Fraser Matthews, CEO of Netcoins, to discuss the rise of stablecoins, their impact on the banking system, and the future of digital payments. Are stablecoins an existential threat to traditional banks or the railways and bridges connecting traditional finance and the on-chain economy? We also tackle Canada's struggling housing market, stubborn inflation, rising bond yields, and the growing risks facing financial markets. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 04:02 Canada's Housing Market Outlook 11:49 Introducing the Future of Finance 12:48 Fraser Matthews Joins The Show 20:44 Stablecoin Regulation and Adoption 21:44 What Are Stablecoins? 23:13 Why Stablecoins Matter 24:53 Are Stablecoins a Threat to Banks? 29:57 Stablecoins and US Treasury Demand 32:58 Crypto and Money Laundering Concerns 44:13 The Battle for Bank Deposits 47:13 The Future of Stablecoins 52:41 Canadian Stablecoin Developments 55:30 Tokenized Stocks and Financial Markets 56:49 AI Agents and Programmable Money 01:04:10 The Growing Threat to Commercial Banks 01:06:50 Inflation Surprises to the Upside 01:09:21 Bond Market Risks 01:11:11 Could Bonds Stage a Rally? Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #crypto

October 9, 2026Episode 2631 hr 20 min

Can BC Be Saved? Conservative Leader Lorne Doerkson on BC’s $13.8B Deficit

British Columbia is facing a record $13.8 billion budget deficit, mounting tax pressures, and a struggling housing market. With the October 24 election approaching, we sit down with B.C. Conservative Leader Lorne Doerkson to discuss the province's fiscal challenges, the NDP's tax policies, housing affordability, stalled development, the rampant crime and drug use, and the future of investment in British Columbia. We also examine the political shakeup in Quebec, rising global bond yields, mounting concerns over government debt, and the Canadian dollar's weakness against the U.S. dollar. Could higher long-term interest rates put even more pressure on Canada's economy and housing market? Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th! Get Your Tickets Here: Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341 Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402 Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 07:17 British Columbia's Political and Economic Outlook 13:29 Lorne Doerkson Joins The Show 22:48 B.C.'s Record Deficit and Tax Policies 24:49 Infrastructure Spending and Government Priorities 26:37 Unsold Condos and B.C.'s Housing Crisis 30:39 Construction Costs and Housing Affordability 35:07 Natural Resources and Investment in B.C. 40:46 Crime, Drugs, and Public Safety 47:10 B.C. Election Takeaways 48:30 Quebec's Political Shakeup 53:10 Population Growth and Immigration 54:58 The Loonie Hour Live Events 57:10 Global Bond Yields Continue to Rise 01:03:41 Government Debt and Rising Borrowing Costs 01:07:37 Canadian Dollar Under Pressure 01:14:02 Market Volatility and Investor Positioning 01:18:12 Closing Remarks Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #britishcolumbia

October 2, 2026Episode 2621 hr 2 min

Are we Reaching Capitulation in the Bond Market?

Bond markets are deteriorating rapidly as yields rise and credit spreads begin to widen across the U.S., Canada, Europe, and Japan. We discuss what tightening financial conditions could mean for housing, equities, the broader economy, as well as the possibility that a short-term recovery in bonds could ultimately prove to be a bear trap. Meanwhile, B.C.’s condo market continues to struggle with thousands of completed and unsold units as developers face mounting pressure. We also discuss Canada’s debt maturity schedule, Saskatchewan's push toward nuclear power, taxes and talent retention, and the renewed debate over immigration and temporary foreign workers. Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th! Get Your Tickets Here: Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341 Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402 Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 04:28 Loonie Hour Investor Series 07:26 B.C. Election & David Eby’s Condo Tax 10:40 Taxing Unsold New Condos 12:31 B.C.’s Growing Condo Inventory 14:39 Developers Cutting Prices & Raising Commissions 16:19 Why Developers Can’t Simply Slash Prices 18:02 Bond Stress Meets the Housing Market 19:49 Loonie Hour Investor Series 21:39 The Global Bond Selloff 23:08 High-Yield Credit Spreads Are Moving 26:12 Is a Bond Market Recovery a Bear Trap? 27:52 Tightening Financial Conditions 30:42 Bond Market Warning Signals 33:55 U.S. Economy Complicates the Rate Outlook 36:59 Canada’s Coming Debt Maturity Wall 38:29 Canada Reshapes Its Debt Profile 40:17 Why U.S. and Canadian Bond Yields Differ 45:22 Canada Still Doesn’t Have a Budget 46:58 Saskatchewan Pushes Nuclear Power 50:04 Canada’s Changing Energy Policy 51:25 High Taxes & Canadian NHL Teams 53:45 Canada’s Talent Retention Problem 54:25 Property Tax Freeze for Seniors 56:00 Generational Inequality in Canada 56:22 Canada’s Immigration Debate Returns 01:01:18 Ottawa & Montreal Events Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #bondmarket

September 25, 2026Episode 2611 hr 10 min

McDonald's CEO: Food Inflation Is Here to Stay

Today, we'll break down the renewed surge in global bond yields and what it could mean for interest rates, mortgages, housing, and the broader economy. Long-term yields are climbing across central banks globally, putting renewered pressure on borrowing costs just as households and businesses faces further challenges. We also discuss Canada's slowing population growth and rental market, mounting stress in US housing and multifamily real estate, weakness beneath the surface of the US consumer, and why companies like McDonald's are warning that sticky, elevated food inflation and flat customer traffic are the "new normal". Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th! Get Your Tickets Here: Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341 Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402 Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Check Out True North Mortgage's 40-Year Amortization Plan: Visit https://www.truenorthmortgage.ca/ today! Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 07:09 BC Election & Canadian Politics 18:18 Canada’s Population Growth Slows 24:44 Canada’s Rental Market & Long-Term Interest Rates 25:05 Global Bond Yields Surge 29:34 Bond Market & Mortgage Rates 35:09 Canadian Mortgage Rates Move Higher 36:23 US Housing Market Problems 37:17 US Multifamily Debt Crisis 40:20 Loonie Hour Investor Series 43:31 Bank of Canada Rate Hikes 49:11 Mortgage Renewals & Higher Rates 51:05 Energy Prices Are Getting Worse 53:59 US Diesel Export Ban 58:06 Stock Market Warning Signs 01:01:00 McDonald’s, Inflation & Consumer Weakness 01:03:14 US Consumer Confidence Plunges 01:06:03 The Big Mac Index & Inflation Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #inflation

September 18, 2026Episode 2601 hr 15 min

Central Banks Commit to Raising Rates into an Energy Crisis

Central banks are turning increasingly hawkish as an escalating global energy crisis keeps inflation under pressure. We'll break down why policymakers are committing to higher interest rates even as the underlying inflation problem is increasingly driven by energy supply. They discuss the latest moves from the Fed and European central banks, rising global bond yields, surging oil and fuel costs, and what it could mean for Canadian mortgage rates. Meanwhile, Canada’s housing market remains frozen, with national home sales falling to their lowest year-to-date level since 2003. Join Us For The Loonie Hour Investor Series - With Ben Rabidoux, Live In Ottawa on October 13th! Get Your Tickets Here: https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341 Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Check Out True North Mortgage's 40-Year Amortization Plan: Visit https://www.truenorthmortgage.ca/ today! Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 06:52 Canada Housing Hits a 23-Year Low 09:34 Housing Inventory & Cancelled Listings 11:11 Housing Starts Keep Falling 13:18 What Happened to the 500,000 Homes? 14:03 Should Canada Keep the Foreign Buyer Ban? 18:38 Canada’s Massive Investment Push 20:16 Canada Cuts Investment Taxes 22:55 Breaking Down the $500B Investment Commitment 24:53 Where Are the Foreign Investors? 27:13 Canada’s Biggest New Investment Projects 30:27 Did Trump Force Canada to Change Course? 34:24 Canada Embraces Energy Again 38:04 Why Investment Will Take Years to Materialize 42:26 Central Banks Turn Hawkish 46:22 Could the Bank of Canada Raise Rates? 48:02 Higher Rates Won’t Fix Energy Inflation 51:00 Global Bond Markets Under Pressure 56:12 The Global Energy Crisis Deepens 58:43 The World Is Running Out of Energy Capacity 01:01:07 Oil Tanker Costs Explode 01:02:19 Canadian Mortgage Rates Under Pressure 01:05:06 Mortgage Arrears Hit a Decade High 01:06:18 Canada & the European Union 01:09:49 Canada Already Has an EU Trade Deal 01:11:03 Europe’s Sovereign Debt Risks 01:12:28 Would Canadians Actually Move to Europe? Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #centralbank

September 11, 2026Episode 2591 hr 4 min

Could the US Sanction Canadian Banks Next? w/ guest Ben Rabidoux

Ben Rabidoux joins the show to break down the latest housing data, rising mortgage rates, record mortgage renewals, the ongoing shifting in economic alliances, and why delinquencies could continue climbing through 2027 and beyond. We also discuss the escalating Canada–U.S. trade dispute, inflation risks, rising global bond yields, weakness across several provincial housing markets, and how Canada’s booming energy sector might be helping keep government finances and mortgage rates under control. Join Us For The Loonie Hour Investor Series - With Ben Rabidoux, Live In Ottawa on October 13th! Get Your Tickets Here: https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341 Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Subscribe to Ben Rabidoux's Edge Analytics and Save $10/month forever! https://www.edgeanalytics.ca/lh39 Check Out True North Mortgage's 40-Year Amortization Plan: Visit https://www.truenorthmortgage.ca/ today! Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 08:12 Is Canada’s Housing Market Bottoming? 11:27 Mortgage Rates Are Moving Higher 16:05 When Will Bonds Become Attractive Again? 18:19 Bank of Canada Rate Hikes Are Coming 20:04 Inflation Expectations Matter 23:35 Europe Is Raising Rates Again 25:22 The Next Wave of Inflation 30:02 Canada’s Regional Housing Markets 31:40 Canada’s Rental Market Will Stay Weak 32:54 Canada-U.S. Trade War Escalates 35:01 Mortgage Delinquencies Hit Record Highs 37:16 The Mortgage Renewal Wave Is Here 40:16 Canada’s Economy Faces More Pressure 41:44 The Risk To Canadian Banks 44:58 Canada’s Money Laundering Problem 49:40 How Iranian Capital Can Enter Canada 53:09 Good News For Canada 53:31 Foreign Investors Are Buying Canadian Bonds 54:28 Oil & Gas Is Helping Balance Canada’s Budget 56:08 Is Canada Becoming More Pro-Energy? 58:35 Canada’s Politically Charged Environment 01:02:38 Bank of Canada Rate Predictions Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #bondmarket

September 4, 2026Episode 2581 hr 7 min

Surging Bond Yields Will Delay Housing Recovery

Global bond markets are flashing warning signs as long-term yields surge across Japan, the UK, France, and other major economies, raising new concerns about government debt, inflation, and financial stability. Meanwhile, Canada’s housing market remains under pressure, Vancouver records its slowest August sales since 2012, and rising energy prices could complicate the outlook for inflation and interest rates within the country. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 05:14 Vancouver Housing Sales Hit 2012 Lows 09:48 Builders Get Aggressive on Prices 14:56 Rent Controls & Canada’s Housing Supply 22:46 Why Rent Controls Don’t Work 27:50 Bank of Canada & Interest Rates 30:36 Central Banks Talk Tough on Inflation 38:01 Global Bond Yields Are Surging 41:39 Is a Sovereign Debt Crisis Coming? 43:15 The Ultimate Bond Market Bear Trap 45:38 Canada’s GDP Gets Revised Higher 47:55 Could the Bank of Canada Raise Rates? 51:15 The Overlooked Energy Trade 52:55 Russia-Ukraine Energy Infrastructure Attacks 56:32 Global Oil & Natural Gas Supply Tightens 59:38 The Bull Case for Commodities 01:01:50 Energy Prices Are Spiking 01:04:36 The Opportunity in Higher Oil Prices Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #bondmarket

August 28, 2026Episode 25759 min

Trade Wars & Bubbles: What's Next?

We are joined by chief economist Peter Berezin at BCA Research to discuss the intensifying trade wars, the AI Boom, and the sovereign debt bubble. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Check out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase! Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 04:29 Canada-US Trade Deal Falls Apart 05:59 Carney Moves Closer to Europe 08:20 What Happens Without a Trade Deal? 11:13 Is This Really About Canada or China? 12:21 Peter Berezin Joins the Show 13:33 Economic Impact of the Canada-U.S. Trade War 15:20 Could Canada Actually Win? 17:09 Risk of Canada Losing Manufacturing 17:49 Could More Stimulus Be Coming? 19:36 Canada's Productivity Problem 22:22 How Canada Can Turn Things Around 24:05 How Transformational Will AI Really Be? 26:26 The Massive AI Spending Boom 27:37 AI's $10 Trillion Revenue Problem 30:26 Are Corporate Margins Sustainable? 33:40 AI Agents, Stablecoins & Crypto 35:06 Why Long-Term Bond Yields Keep Rising 37:50 The Growing Government Debt Problem 40:06 Fed Liquidity & Quantitative Easing 41:20 Stock Market Outlook 42:14 Peter's Portfolio 43:39 Inside Goldman Sachs During the 2008 Crisis 45:57 Current Investment Opportunities? 49:08 Final Thoughts on Peter Berezin 51:05 The Coming Food Inflation Problem 54:50 Are We Entering a Commodity Boom? 55:35 Could the Bank of Canada Cut Rates? 58:21 Final Thoughts Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #tradewar

August 21, 2026Episode 2561 hr 9 min

The Sovereign Debt Crisis Accelerates

The U.S. Treasury is taking steps that could help suppress long-term interest rates as exploding government debt and interest costs put increasing pressure on the financial system. We break down what this shift means for bonds, the U.S. dollar, commodities, Canadian housing and global markets. We also touch on Canada-U.S. trade, the Churchill Falls energy deal, rising diesel prices, Argentina, various speculative assets like crypto and Bitcoin skyrocketing, and the worsening economic slowdown in China. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Check out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase! Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 08:21 Canadian Housing Update 13:22 Mortgage Rates and Housing Risk 16:04 Canada-U.S. Trade Deal 17:48 Churchill Falls Energy Megadeal 26:53 The U.S. Bond Market Intervention 30:58 How the Treasury Is Suppressing Long Rates 35:53 America’s Exploding Interest Costs 40:36 Canada’s Debt Problem 46:37 What Higher Rates Would Do to Housing 50:48 Commodities vs Financial Repression 54:17 The Commodity Supercycle 56:50 Diesel Prices Are Surging 57:57 Argentina and the Currency Crisis 01:02:52 China’s Economy Is Getting Worse 01:07:25 Global Macro Trends Are Strengthening 01:08:03 Canada Inflation Update 01:08:45 Closing Thoughts Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #globaldebt

August 14, 2026Episode 2551 hr 16 min

We Are Early in the Secular Bull Market- w/Guest Jim Thorne

We sit down with Jim Thorne, Chief Market Strategist at Wellington-Altus Private Wealth, where he believes that we are setting up for a Secular Bull Market coming up. We go through the global debt problem, and why AI could fuel a massive new investment cycle. Lastly, we'll touch on falling rates, explosive earnings growth, Bitcoin’s generational opportunity, and whether today’s technology boom ultimately ends like the dot-com bubble. We also discuss Canada’s economic challenges, a country deserving to be one of wealthiest in the world, yet decades of poor policy and underinvestment have left us falling behind. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Check out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase! Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour Timestamps: 00:00 Introduction 04:41 Introducing Jim Thorne 10:39 What Went Wrong With Canadian Finance? 13:45 Why Canada Is Falling Behind 16:04 Canada’s Natural Resource Problem 22:41 The Global Debt Problem 24:36 Canada Enters Secular Stagnation 29:01 The AI CAPEX Supercycle 33:15 What Happens to Canada and Europe? 34:43 Trump’s Economic Strategy 36:17 Carney Understands the Global Pivot? 38:37 The Problem With Canadian Banks 39:24 Canada’s Coming Structural Adjustment 44:21 Why Higher Rates Can Increase Inflation 45:19 The Fed’s Next Move 49:36 AI, Growth, and the Stock Market 50:19 Why Jim Thinks Bond Yields Fall 56:09 Trump, Crypto, and Tokenization 57:31 The Great Bond Debate 58:07 The Bitcoin Debasement Trade 58:31 “Bitcoin Is a Generational Opportunity” 01:00:40 Post-Interview Reaction 01:02:47 The End of the Keynesian Supercycle 01:05:08 America’s Exploding Interest Bill 01:06:00 Gold, Bitcoin, and Debasement 01:09:35 Can AI Solve the Demographic Problem? 01:11:24 America Is Sucking Capital From the World 01:12:31 The AI Agent Economy 01:13:51 Another Dot-Com Bubble? 01:15:27 Outro Disclaimer: The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets. #LoonieHour #macroeconomics #bullmarket