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Click On Picture To See Larger PictureCanada's economy is falling apart and since Trump mentioned tariffs the Canadian central bank reversed course and raised rates. ECB continues to cut rates. Inflation is on the rise. Fake news puts out fake story that Trump can't lower prices. Trump lets everyone know that the market might dip. The [DS] are trying everything to change the news cycle and push fear onto the people. The [DS] is using information to make people believe we are being probed or invaded via the drones. Another hoax trying to get the country into war. The [DS is trapped, if Biden pardons them this will not help, the result will be the same. Trump is the Time person of the year and he rang the bell at the stock exchange. Letting the people know that they are free.

 

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Economy

https://twitter.com/KobeissiLetter/status/1866922919101862058

  percentage points to 13.9%, the third-highest since June 2021. Such a rapid rise in unemployment has never occurred outside of recessions. Meanwhile, the Bank of Canada is expected to cut rates by 50 basis points on Wednesday, marking the 5th reduction this year. Has Canada fallen into a recession?

Trump Trolls Trudeau – Bank of Canada Takes Note

US-Canada relations under the Trump Administration are beginning on tumultuous footing. Trump has promised to slap Canada with 25% tariffs on ALL imports if it fails to curb illegal immigration and drug trade from the northern border. Trudeau is now threatening to retaliate with tariffs of his own. The Bank of Canada has factored in these threats in its most recent decision to raise rates by 50 bps to 3.25%.

Bank of Canada Governor Tiff Macklem said that the new US administration presents “a major new uncertainty.” The markets had already priced in rate cuts ahead of the tariff threats, especially as inflation has allegedly reached the 2% target.

Source: amerstrongeconomic.com

https://twitter.com/KobeissiLetter/status/1867202075102204303

 today's 3.0% PPI inflation print, PPI inflation is now at its highest level since February 2023. CPI, PPI, and PCE inflation are all officially back on the rise in the United States. What is happening here?

https://twitter.com/KobeissiLetter/status/1866866969351426437

  7. Food Away From Home Inflation: 3.6%

8. Electricity Inflation: 3.1% Headline CPI inflation is at a 4-month high and Core CPI has been 3.3% for 3-straight months. The Fed is cutting rates while inflation has leveled off well above their 2% target.

Is another wave of inflation coming in 2025?

https://twitter.com/alexbruesewitz/status/1867259583192084578

 instead of reporting fairly and accurately. Fortunately, their audience is diminishing daily. Below is what Trump ACTUALLY said:

Janet Yellen "Sorry" After Presiding Over $15 Trillion Increase In US Debt

  Yellen  expressed regret over failing to make more progress in narrowing the fiscal deficit during her tenure.

“I am concerned about fiscal sustainability and I am sorry that we haven’t made more progress,” she said adding that “I believe that the deficit needs to be brought down especially now that we’re in an environment of higher interest rates.”

This is really funny for two reasons.

First, it was under Yellen's watch that the US experienced its biggest debt increase in history. As shown below, Yellen was Fed chair from Oct 2010 until Feb 2014, and then Fed Chair from Feb 2014 until Feb 2018, a period during which she intentionally kept rates at zero for almost the entire duration of h...