The Loonie Hour

Why is the US stepping in to help Japan, and what does it mean for Canadians? China’s multi-decade tax crackdown, and $2.7 billion in new federal funding for rental units - plus the latest data on Canadian housing and rate expectations.

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Timestamps:
0:00 Introduction
06:29 Canada’s Housing Market Still Struggling
09:24 Condo Inventory Is Finally Falling
10:50 Where Are Canadian Mortgage Rates Going?
14:58 Is the Housing Crisis Already Being Solved?
18:42 Canada’s Housing Affordability Is Improving
20:11 Is Canada Becoming a Nation of Renters?
23:06 China Launches a Global Tax Hunt
25:21 China’s Banking System Is in Trouble
29:55 Real Estate vs Gold as a Store of Wealth
33:04 Japan’s Yen Crisis Explodes
35:39 The U.S. Steps In to Help Japan
38:13 Why Global Bond Yields Are Rising
41:06 Why America Is Helping Japan
43:34 The U.S. Dollar “Escape Room”
47:15 Trump, Warsh and the Federal Reserve
49:09 Is the Treasury Manipulating the Yield Curve?
51:34 U.S. Housing Is Completely Frozen
53:28 The Politics Behind the Yen Intervention
55:22 Could Jackson Hole Bring a Major Policy Shift?
56:35 America’s 7% Mortgage Problem
58:31 Where Does the Yen Go From Here?
01:00:25 Gold Is Starting to Move Again

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 #federalreserve

The Federal Reserve is changing how it communicates with markets, and the ripple effects are being felt across bonds, currencies, housing, and equities. We break down Kevin Warsh’s shift away from forward guidance, why long-term Treasury yields continue to climb, and what it could mean for interest rates going forward. We also discuss New York’s proposed second-home tax and government-backed grocery stores, the escalating conflict between the US and Iran, Korea’s margin-call meltdown, growing weakness in the bond market, pressure on the Canadian dollar, and why the energy sector may present one of today’s most compelling investment opportunities.

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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:
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Timestamps:
00:00 Introduction
04:58 Canada’s Housing Bailouts Aren’t Working
09:14 Will Higher Taxes Drive Capital Away?
15:31 Canada’s Empty Homes Taxes
16:57 When Homeowners Are Forced to Sell
20:10 Could Canadian Housing Stagnate for a Decade?
21:51 Kevin Warsh’s New Federal Reserve
22:51 The End of Forward Guidance
24:44 Why the Fed May Raise Interest Rates
26:22 Is the US Dollar About to Explode Higher?
28:34 Quantitative Easing Never Really Ended
30:50 What to Expect at Jackson Hole
32:19 US 30-Year Treasury Yields Surge
33:49 Could Long-Term Rates Eventually Reach 20%?
37:02 America’s Growing Debt Wall
39:01 Why the Bond Market Keeps Deteriorating
41:48 The US-Iran War Escalates Again
42:44 Are We Already in World War III?
45:13 The Rotation Out of Technology Stocks
46:22 Korea’s Leveraged Investing Disaster
47:02 The AI Hedge Fund That Blew Up
50:59 The Market’s Back-to-Back Bubbles
52:15 Hedge Funds Turn Bearish on the Canadian Dollar
54:26 The Market’s Biggest Current Debate
55:12 US Mortgage Rates Reach a One-Year High
56:19 America’s Multifamily Housing Crisis
57:06 Cheap Money Created an Oversupply Problem
57:30 The Feds Inflated Home 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 #geopolitics

Geopolitical Expert Dr. Pippa Malmgren breaks down what is really driving global markets, energy policy, and the massive geopolitical shifts happening right now.
We looked at why & why the US is reshaping global energy control, the tough choice Canada faces between old European ties and a changing American strategy, and where the global economy is heading next as tech, nuclear power, and space take over.
Visit Dr. Pippa Malmgren's Substack here:
https://substack.com/@drpippa

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
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Schedule a 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:
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📫 The Loonie Hour Substack:
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📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
07:43 Pippa Malmgren Joins the Show
10:21 The Nuclear Energy Revolution
11:44 Globalism Is Changing
14:44 Which Countries Are Embracing the Future?
20:56 What Canadians Are Missing About America
26:18 AI Is Creating a New Economic Model
28:44 Does Canada Discourage Risk-Taking?
33:51 The Arctic, Space & the New Global Economy
37:17 Data Centers Are Moving to Space
39:13 Small Modular Reactors & Unlimited Energy
43:36 Why Nuclear War Is No Longer an Option
46:30 China, Russia & the Push for Peace
50:30 What Happens After Trump Leaves?
53:35 Iran, Venezuela, Taiwan & Ukraine Are Connected
54:28 Moving the World Beyond Oil & Gas
55:45 Canada’s Identity Crisis
1:01:02 Establishment vs. Anti-Establishment
1:01:55 The World in 5–10 Years
1:05:52 What Rwanda Can Teach Canada
1:06:54 Canada Could Become a Space Nation?

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 #canada #geopolitics

Today, we are joined for the fourth time by energy and policy expert Heather Exner-Pirot to discuss Canada's dramatic shift in energy policy and what it means for the country's future. We break down the push to build new pipelines, the growing role of nuclear power and critical minerals, and why Ottawa is embracing major infrastructure projects after years of opposition. We also examine the Bank of Canada's latest interest rate decision, why policymakers are keeping a close eye on oil prices, and what it all means for inflation, housing, and the Canadian economy.

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 a 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
05:10 Canada's Housing Market Conditions
07:21 Condos Are Still Struggling
15:14 Heather Exner-Pirot Joins The Show
16:51 Do We Have Our Next Pipeline?
27:05 Ottawa and Alberta's Oil
39:54 Oil Sands Story
43:53 Legal Risks for Future Pipelines
48:06 Canada's Nuclear Future
50:59 CANDU Nuclear Story
53:59 Canada's Critical Minerals
59:59 The Future of Canada's Energy Sector
1:03:11 Canada's Looming Electricity Issue
1:06:48 BOC Holds Rates
1:09:47 Higher Oil Prices Implications
1:13:01 Spending More With Debt

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 #canada #macroeconomics

We're joined by macro strategist Kevin Muir—famously known online as The Macro Tourist—to break down the massive fiscal deficits pushing markets forward. We dive into the staggering reality of Canada’s new government-funded pipeline project, which is costing a massive $35B+ but driving up to 140,000 jobs.

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 a 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

[10/07/26, 7:48:33 PM] ~ Jeff: Timestamps:
00:00 Introduction
04:49 Oil, Iran, Pipelines, And More
08:24 Introducing Kevin Muir
13:10 Opposing Views
14:02 Will The Bank of Canada Cut Rates?
15:29 Why The Feds Could Turn Hawkish
17:24 The Bond Market and Kevin Warsh
20:18 Rate Hike Probability
23:17 A Different Rate Cycle
26:04 Modern Monetary Theory
27:19 Government Spending In Inflation
29:20 The Pipeline Story and Fiscal Spending
30:02 Did Deficits Help The U.S.?
32:08 The Rest Of The World Follows
35:37 Canada's Financial Position Globally
37:26 Could Canadian Capital Return Home?
38:54 Another Global Stimulus?
39:40 The NATO Defense Spending Expansion
41:12 Canada's Looming Commodity Boom
44:10 The MMT and Politics
44:55 The Next Major Commodity Cycle
51:26 Why Oil Became An Attractive Investment
54:05 Long Term Bullish Oil Thesis
1:01:26 What's The Next Market Bubble?
1:05:18 Canadian Growth May Take Years
1:06:29 The Alberta Pipeline Story
1:09:39 Canada's Economic Outlook Improves
1:10:00 Is Defense Spending Economically Productive?
1:12:13 Canada's Trade Surplus
1:12:57 All Eyes On The BOC's Next Meeting

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 #canada #macroeconomics