The Fiscal Bazooka is Coming - with Guest Kevin Muir | The Loonie Hour Episode 250

We're joined by macro strategist Kevin Muir, 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/loonieh... For Investors and Advisors: https://www.neighbourhood.com/looniehour Schedule a call with IceCap Asset Management: https://icecapassetmanagement.com/con... ✉️ Media & Real Estate Inquiries: [email protected] 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 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