Daily Chart
Shipping volume slowdown, could be a leading indicator of things to come in the economy.
Canada’s job losses are now at levels not seen since the GFC, excluding covid. More signs of a softening economy. Is this stagflation?
Is this time different or are we going to the S&P revert to the mean?
Markets have historically performed well 6 months after inflation has peaked.
However, fund managers are record conservative, not taking risk.
Inventories of key commodities are running below 5-year averages. Not sure what is happening here.
Crypto mining consumes more energy than Argentina. Pretty crazy.








