In Episode 32, Frank addresses the rhetoric from Alberta's new Premier Danielle Smith who he believes will need to tone down the message in order to be electable next May. The theme of inflation is prevalent, with Frank touching on rising mortgage rates, OPEC's politically motivated decision to cut production and its impact on U.S. mid-terms and the mess caused by U.K. Prime Minister Truss' hugely inflationary and now unwound mini-budget. Frank admits that Russia-Ukraine is at a stalemate with no runway for an off ramp, as they head into winter. Despite all the negative press, Frank talks about his positive outlook on the world as whole, acting as a reminder to take a step back when we are overwhelmed by an endless stream of negative news headlines.

Chapter Headings:

The 411 on Danielle Smith (1:18)

Will Rising Mortgage Rates Lead to a Housing Crisis? (9:40)

OPEC's Politically Motivated Production Cut (13:34)

US Mid-Terms (15:58)

Liz Truss's Mess (21:10)

Something Positive (31:20

This podcast was recorded on October 18, 2022.

For relevant disclosures, visit: https://www.tdsecurities.com/ca/en/tds-geopolitics-episode-32. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities.

For relevant disclosures, visit: tdsecurities.com/ca/en/legal#PodcastDisclosure. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.