Jeff Rubin

Looking forward to being interviewed at the Toronto International Festival of Authors (#TIFA) festivalofauthors.ca/event/a…

Workers at #Boeing have gone on strike for the first time in 16 years. Rising labour militancy is just part of the new normal and so far it's paying off. Last year union negotiated wage settlements, including signing bonuses, averaged 7.3% in the US , the highest since 1988.

Talking today on CBC radio at 4.30 pm EST about Mark Carney's new role for the Trudeau government and how it relates to the new normal. cbc.ca/listen/live-radio/1-3… - Here and Now Host - Ramraajh Sharvendiran X: @CBCHereandNow

What #Trump doesn't seem to realize is that slapping countries with huge tariffs only encourages them to dedollarize their trade. The #dollar has already lost its status as the world's petro currency. Is king dollar's status as the world's reserve currency next?

Another rate cut by the #BankofCanada today is fine as long as it has abandoned its 2% inflation target. Just as well since wage gains are running at 4%. #Friendshoring is great for unions' bargaining power- not so however, for core inflation.

NATO member #Turkey to join #BRICS. Will USMCA member Mexico be next? Looks like more and more countries in the Global South are turning to China, not the United States, for global leadership.

China is about to initiate dumping charges that could result in a ban on Canadian #canola exports in retaliation for Ottawa's recent 100% tariff on Chinese electric cars. Canadian farmers are about to discover that economic warfare is a two way street.

A follow up interview on Jim Puplava's Financial Sense podcast out of Los Angeles on how great power conflict is reshaping our economy. financialsense.com/podcast/2…

For those who think supply side inflation is behind us check out the rail strike at #CN and #CPKCrail. Continuous supply shocks have become part of the new normal.

The second podcast interview by John De Goey focusing on the implications of "friendshoring" for domestic wage growth and core inflation podcasts.apple.com/gb/podcas…

First of 2 interviews with John De Goey on A Map of the New Normal.podcasts.apple.com/gb/podcas…

Only the #BankofCanada knows how nearly 4% wage growth is consistent with its 2% inflation target. I guess that's why they cut rates again. But as the Bank is soon to discover, wages don't just affect food and energy prices, they affect the price of everything.

Rapid #BankofCanada rate hikes sent GTA #homeprices down over 25% in 1990. Today all the bank has to do is not cut rates as much as the bond market expects and rising bond yields (and with them mortgage rates) could have the same effect..

Great podcast interview with Brian Crombie on what the new normal means for mortgage rates and the housing market. youtu.be/wEGLTaVchbQ?si=E0_E…

Have been maliciously charged with assault by Lorna Counsell, fundraiser for @dominicleblanc and former member of @ChrystiaFreeland exec council. Charges were laid during my book tour. Thanks to everyone who came to my events and supported me during this personally trying time.

After what #Trump said about the future of #NATO will western Europe become a lonely promontory attached to a massive Eurasia dominated by its enemies? #AMapoftheNewNormal.