
Martin Pelletier
76K posts

Martin Pelletier
@MPelletierCIO
Portfolio Manager @TriVest_WAPC | CFA Charterholder | Invest Pro Columnist @fpinvesting | Market & Risk Strategy | Views are my own | No checkmark not me


JUST IN - Netanyahu says Iran war could end 'faster than people think'


Here is a stat for you. At today’s consumption rates, the recent increase in gasoline prices amounts to roughly a $350 million per day consumer “tax,” according to @GasBuddyGuy . On an annualized basis, we estimate this drag is comparable in magnitude to the impact of a 50‑basis‑point rate hike, though it operates through household cash flows rather than financial conditions. Let that sink in on today's FOMC. @unusual_whales

The Dow Jones is on track for its worst month since 2022.



"Canada’s story gets even more depressing when only young people under 25 are counted. The country then falls to 71st, another new low. Young people were once, on average, the happiest Canadian cohort; now they’re the most miserable. And when compared to 136 countries, that 10-year drop in life satisfaction is one of the largest in the world, placing Canada just four slots from the bottom."




I met an 84-year-old woman who was offered euthanasia at a Canadian hospital practically upon arrival. Miriam didn’t want to die. She recovered well and travelled to Cuba, Mexico, and Guatemala. Stop offering death to people who have adventures to lead!


Housing plummets: new home sales tanked to 587k (lowest since '22) in Jan, -17.6% M/M (most in 12 yrs) and -11.3% Y/Y (most in 3 yrs); median sale price fell 4.5% M/M and 6.8% Y/Y to just over $400k and average price slipped to just under $500k - ouch...




