Sarah Westall & Martin Armstrong


Posted Originally on: Oct 9, 2026 by Martin Armstrong |

2026_10_09_Sarah_Westall

Categories:Uncategorized

Trump Threatens the Fed as he Cuts a Deal with Putin


Posted Originally on: Oct 9, 2026 by Martin Armstrong |

US coin Spin

QUESTION: What do you think of Trump threatening to cut rates or cut off trade with everyone if the US has a trade deficit? And while you are at it, what about this deal with Putin?

BR

ANSWER: Trump is a borrower, not a lender. There are two sides to every coin and then there is the edge.  Trumps want cheap rates to borrow, but that reduces the income for the retired people and cash rich companies. If rates are so low then capital will NOT lend and you invest instead. The trailing dividend yield on the Dow Jones Industrials is about 1.83%.

Corp Treas

AAA US Corporate Index Effective Yield: This broad index yield was 5.81% as of October 1, 2026 compared to the US Treasury rate of 5.667%. The AAA Spread (Late 2025)  spread narrowed to just 30 basis points in October 2025, compared to an average of 67 basis points from 2012 to 2019. The shift from public to private is underway thanks to the Sovereign Debt Crisis. Here is a chart from the Great Depression. The spread peaked a 1.3% in 1932 at the bottom of the stock market and the Great Depression in real terms. That spread fell to .47 by 1937 thanks to FDR and the appearance of socialism.

2017 Trump Rate Hike P Fed Rates
Trump Rally in Dow 2 17 2020

Look, I do not blame Trump, he is operating on what we were all taught in school back then that under Keynesian Economics, the government could manipulate society by simply raising or lowering interest rates. Sorry, what they taught us in school was all propaganda. Interest rates rise in bull markets and decline in recessions. Someone needs to have a talk with Trump because this latest threat will in fact cause a serious economic catastrophe into 2028. Someone need to show him these charts. Rates rose throughout his first terms and they called it the Trump Rally. Nobody paid attention to the interest rates.

FED Interest Rate 1929 1932

Look, it is the biggest lie that is propelled by the media who constant harp on what the Fed will do next. It is always from the borrow side, never the investor side. Rate simply rise in EVERY bull market because there is a demand for money. They DECLINE in depressions and recessions BECAUSE the demand collapses.

Fed Rates 2000 2020 Trump Rally

Lower rates are indicative of a recession and bear markets – not booming economies. It does not matter what I say or what proof I present, the press will always keep up the fakes news and never even once will they every actually investigate what they say is true or false.

Putin and Trump

CNBC and every other LEFT-SOCIALIST-MEDIA organization is bashing Trump because they can never bring them to ever write a single neutral word. CMBC wrote:

“But commentators and critics were quick to highlight contradictions between the new policy and prior efforts by the U.S. to clamp down on Russian oil sales.”

Fake News

They never want to tell the truth about anything. Trump asked Zelensky not to attack refineries in Russia. He did the next day. He has said his country comes first. So while they print nothing but Neocon propaganda how they are fighting for Democracy in Ukraine when Zelensky refuses to hold elections and he refused to honor the peace agreement, Minsk Agreement, which to allow the Donbas to have a vote on Separation, while any election Russia has he claims is fake and rigged, I hope Trump passes an Executive Order that every journalist that puts out the BS should be drafted, handed a gun, and sent to the front lines in Ukraine. They are traitors to the American people and always cheer to send our boys to die for the Neocon endless war machine. If you want to lie to force people to vote they way you want them to, go get a soap box and go to Central Park and preach in NYC or Speakers Corner in Hyde Park for te Brits.

HeatingOil M Tech 10 9 26

Zelensky and Europe will ensure that whatever deal Trump tries to cut with Putin they will sabotage. So get ready, this winter, we will see Heating Oil (Diesel) soar to the $6 and it could even go to $8 by next March. This disgusting fake news get their taking points from the Neocons so they will NEVER check a single fact.

Neocon Controls the Talking Points

Remember when the Neocons had the press actually acuse Putin of blowing up his own pipeline? Shortly after the explosions, it was primarily Western officials and media who initially pointed the finger at Russia. Ukraine also accused Russia almost immediately. That was a fake news – the real distortion of reality. Then the stupidity of politicians like the Poland’s PM who praised the man for destroying Nord Stream Pipeline showing his ignorance what that would do to Germany and the EU economy.

Germany has finally arrested the Ukrainian who blew up Nord Stream and my sources have always pointed to Zelensky. He destroyed the Germany economy and the EU, and then has the audacity to beg for endless money to continue his Neo Nazi objectives.

I use to tell my daughter if she ever brought home a prosecutor, she will never be allowed in the house again. Today, that might have to be expanded to journalists.

Nord Stream 2026_10_09_21_24_05_Germany_Ukrainian_national_charged_over_Nord_Stream_blasts

Categories:Politics

Market Talk – October 9, 2026


Posted originally on Market Talk – October 9, 2026

Market Talk 2017

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 11.19 points or -0.02% to 69,030.92

• Shanghai increased 1.887 points or 0.05% to 3,813.791

• Hang Seng increased 425.56 points or 1.79% to 24,211.35

• ASX 200 increased 55.70 points or 0.64% to 8,716.60

• SENSEX increased 879.09 points or 1.23% to 72,472.33

• Nifty50 increased 288.65 points or 1.30% to 22,520.45

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00237 or 0.34% to 0.69811

• NZDUSD increased 0.00069 or 0.12% to 0.56119

• USDJPY increased 0.36 or 0.23% to 158.242

• USDCNY decreased 0.01029 or -0.15% to 6.69322

The above data was collected around 14:43 EST.

Precious Metals:

•  Gold increased 66.09 USD/t oz. or 1.60% to 4,199.21

•  Silver increased 1.779 USD/t. oz. or 3.01% to 60.954

The above data was collected around 14:46 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 73.64 points or 0.95% to 7,803.33

•  FTSE 100 increased 110.45 points or 1.06% to 10,552.05

•  DAX 30 increased 280.30 points or 1.13% to 25,087.27

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00089 or -0.08% to 1.12021

• GBPUSD increased 0.00129 or 0.10% to 1.32404

• USDCHF decreased 0.00196 or -0.24% to 0.82979

The above data was collected around 14:59 EST.

AMERICAS:

US Markets:

  • DJIA advanced by 423.31 points (0.83%) to 51,654.95
  • S&P 500 advanced by 46.18 points (0.59%) to 7,811.54
  • NASDAQ advanced by 172.83 points (0.64%) to 27,366.17
  • Russell 2000 advanced by 12.85 points (0.46%) to 2,806.981

Canada:

  • TSX Composite advanced by 519.24 points (1.48%) to 35,664.62
  • TSX 60 advanced by 28.54 points (1.38%) to 2,099.3

Brazil:

  • Bovespa advanced by 2,846.66 points (1.38%) to 209,066.9

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 0.366 USD/BBL or -0.40% to 91.124

•  Brent decreased 0.396 USD/BBL or -0.38% to 103.884

•  Natural gas increased 0.033 USD/MMBtu or 1.04% to 3.2010

•  Gasoline decreased 0.0424 USD/GAL -1.28% to 3.2736

•  Heating oil decreased 0.2184 USD/GAL or -4.47% to 4.6645

The above data was collected around 15:02 EST.

•  Top commodity gainers: Silver (3.01%), Methanol (5.92%), Platinum (3.63%) and Lumber (3.10%)

•  Top commodity losers: Heating Oil (-4.47%), Oat (-3.12%), Corn (-3.95%) and Bitumen (-2.40%)

The above data was collected around 15:09 EST.

BONDS:

Japan 3.0160% (-7.03bp), US 2’s 4.80% (+0.040%), US 10’s 5.2480% (+1.3bps); US 30’s 5.61 (-0.003%), Bunds 3.4657% (-2.8bp), France 4.8670% (-1.84bp), Italy 4.5780% (-3.6bp), Turkey 32.84% (+9bp), Greece 4.4170% (-1.6bp), Portugal 3.9780% (-1.8bp); Spain 4.102% (-3.1bp) and UK Gilts 5.4386% (+1.27bp)

The above data was collected around 15:12 EST.

Categories:Market Talk Oct 9, 2026 by Martin Armstrong |

Market Talk 2017

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 11.19 points or -0.02% to 69,030.92

• Shanghai increased 1.887 points or 0.05% to 3,813.791

• Hang Seng increased 425.56 points or 1.79% to 24,211.35

• ASX 200 increased 55.70 points or 0.64% to 8,716.60

• SENSEX increased 879.09 points or 1.23% to 72,472.33

• Nifty50 increased 288.65 points or 1.30% to 22,520.45

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00237 or 0.34% to 0.69811

• NZDUSD increased 0.00069 or 0.12% to 0.56119

• USDJPY increased 0.36 or 0.23% to 158.242

• USDCNY decreased 0.01029 or -0.15% to 6.69322

The above data was collected around 14:43 EST.

Precious Metals:

•  Gold increased 66.09 USD/t oz. or 1.60% to 4,199.21

•  Silver increased 1.779 USD/t. oz. or 3.01% to 60.954

The above data was collected around 14:46 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 73.64 points or 0.95% to 7,803.33

•  FTSE 100 increased 110.45 points or 1.06% to 10,552.05

•  DAX 30 increased 280.30 points or 1.13% to 25,087.27

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00089 or -0.08% to 1.12021

• GBPUSD increased 0.00129 or 0.10% to 1.32404

• USDCHF decreased 0.00196 or -0.24% to 0.82979

The above data was collected around 14:59 EST.

AMERICAS:

US Markets:

  • DJIA advanced by 423.31 points (0.83%) to 51,654.95
  • S&P 500 advanced by 46.18 points (0.59%) to 7,811.54
  • NASDAQ advanced by 172.83 points (0.64%) to 27,366.17
  • Russell 2000 advanced by 12.85 points (0.46%) to 2,806.981

Canada:

  • TSX Composite advanced by 519.24 points (1.48%) to 35,664.62
  • TSX 60 advanced by 28.54 points (1.38%) to 2,099.3

Brazil:

  • Bovespa advanced by 2,846.66 points (1.38%) to 209,066.9

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 0.366 USD/BBL or -0.40% to 91.124

•  Brent decreased 0.396 USD/BBL or -0.38% to 103.884

•  Natural gas increased 0.033 USD/MMBtu or 1.04% to 3.2010

•  Gasoline decreased 0.0424 USD/GAL -1.28% to 3.2736

•  Heating oil decreased 0.2184 USD/GAL or -4.47% to 4.6645

The above data was collected around 15:02 EST.

•  Top commodity gainers: Silver (3.01%), Methanol (5.92%), Platinum (3.63%) and Lumber (3.10%)

•  Top commodity losers: Heating Oil (-4.47%), Oat (-3.12%), Corn (-3.95%) and Bitumen (-2.40%)

The above data was collected around 15:09 EST.

BONDS:

Japan 3.0160% (-7.03bp), US 2’s 4.80% (+0.040%), US 10’s 5.2480% (+1.3bps); US 30’s 5.61 (-0.003%), Bunds 3.4657% (-2.8bp), France 4.8670% (-1.84bp), Italy 4.5780% (-3.6bp), Turkey 32.84% (+9bp), Greece 4.4170% (-1.6bp), Portugal 3.9780% (-1.8bp); Spain 4.102% (-3.1bp) and UK Gilts 5.4386% (+1.27bp)

The above data was collected around 15:12 EST.

Categories:Market Talk

President Trump Holds a Midterm MAGA Rally in Syracuse, New York – 7:00pm Livestream


Posted originally on the CTH on October 9, 2026 | Sundance |

President Trump is holding a midterm MAGA rally in Syracuse, New York.  The anticipated start time for President Trump remarks is 7:00pm ET.  Livestream Links Below

.

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Posted inDonald Trump, Election 2026, media bias, President Trump, Press Secretary – Trump, RSBN

President Trump Announces Diesel Supply Agreement with Russian President Vladimir Putin


Posted originally on the CTH on October 9, 2026 | Sundance |

The signs have been visible for a long time; you just need to pull back from the media noise to see them. {GO DEEP} This announcement does not come as a surprise to us.

You might remember that both the U.S and Russia spoke of strategic partnerships surrounding the energy sector.  Obviously, this makes sense when we consider the “west” is actually fractured on the topic of energy.  There are two competing interests that overlap in the financial side of the issue, the ‘trillions at stake’ aspect. (read more)

I cannot explain this to people who are infected with TDS, but the essential summary of what was likely to happen was written 3 weeks ago – SEE HERE. President Trump is purchasing Russian diesel directly from the wholesaler, Vladimir Putin.  The purchase is from now until April 1st, 2027.  Trump is buying diesel at a discount, not market prices.

[SOURCE]

(VIA TRUTH SOCIAL) – “I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter.

Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel. Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST!

Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority. This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon! Thank you for your attention to this matter.” President DONALD J. TRUMP

On one side you have the “climate change” team, those who are fully invested (literally) in the financial mechanisms of the climate change, green new deal, build back better talking points.  The Green Energy team in the west.  The Paris Climate Treaty and carbon-trading proponents et al.

On the other side you have the pragmatic energy team in the west.  These are the Trump-minded and aligned western perspectives that look at oil, natural gas (LNG), clean coal and nuclear technology.  These are the “all the above” aligned voices in the more pragmatic view of low-cost energy production and development.

In the middle, between both sides of the fracture, are the banking and finance systems.  This is the BIG MONEY play, with the Climate Change team supported by banking ideology inside the city of London, while the Carbon Use team is constantly having to assemble finance and insurance from outside the banking control mechanisms.

The Climate Change team have support based on ideology within the finance system.  However, the Carbon Use team have the advantage of low-price outputs, global dependency and actual profits as leverage.  This is a fight essentially inside the larger energy sector, and we are all very familiar with it because it has been happening for decades.

Canadian Prime Minister Mark Carney is currently the main tool deployed by the Climate Change team on behalf of the London finance system.  Carney’s main opponent is U.S. President Donald Trump.

(VIA CNBC) – President Donald Trump said Friday that Russia will supply more than 4 million tons of diesel to the global market under a deal he struck with President Vladimir Putin during a phone call.

Russia will immediately supply more than 300,000 tons of diesel, followed by 500,000 tons in November, and 1 million tons immediately thereafter, Trump said in a post on Truth Social. Moscow will then deliver another 3 million tons of diesel based on the condition of Russia’s refineries, Trump said.

The Treasury Department temporarily waived sanctions on Russian diesel through April 2027 under a general license issued Friday.

Diesel prices have surged around the world as Ukraine has pounded Russian refineries, forcing Moscow to ban diesel exports to the global market. Iran and its Houthi allies have also attacked refineries in the Middle East, further constraining fuel supplies.

Trump is under growing political pressure to take action to reduce fuel prices ahead of the November midterm elections. Republicans are facing competitive elections in conservative strongholds like Iowa where farmers are feeling the pinch from high diesel prices.

But the president has few options to reduce prices given the destruction done to global refining capacity by the wars in Eastern Europe and the Middle East.

Trump flirted with a diesel export ban last month but ultimately relented after the oil industry and big business warned a ban would just raise gasoline prices.

The president issued an executive order earlier this week that allows truckers to use tax-exempt offroad diesel on highways without worrying about federal penalties. But the order only defers the tax obligation, creating confusion about whether truckers may have to pay up at some point. (read more)

[SOURCE]

Notice it’s diesel specifically for the USA market.

Here’s the big picture.  I outlined this likelihood on September 22nd:

Behind that curtain are the traders, speculators, ideological banks and financial systems who create the finance system for the energy market.  Want to stop oil exploitation, change the lending requirements to favor windmills and solar panels etc.  Not coincidentally changing these lending rules and regulations was Mark Carney’s former job. Does that sound like an open market approach?

Thus, when you really understand how this pricing is structured you begin to realize the price of diesel has nothing to do with the supply of it and the price is more controlled by those who wish to generate financial -or political- outcomes from it.

You don’t have to take my word for it, review the words of the world’s largest oil/gas producer about this rigged game. {SEE HERE} Wouldn’t Vladimir Putin be the subject matter expert?

“How, in fact, is the price of gas formed on the European exchanges? It is not determined by producers, but by exchange traders.”

In essence, right now “the west”, specifically Americans, are paying fuel costs based on market commodity prices. The most recent examples are oil, LNG and now the headline leading, diesel fuel. However, the actual supply of diesel fuel is not driving the price. The price is being driven by speculation and trading, which is based on arbitrary price formulas created by western multinational corporations and financial markets.

Right now, Russia is overproducing diesel fuel, and shipping it out of the country to allies. Yet diesel prices in the west are determined by commodity traders, and the pricing mechanism is disconnected from the supply. {SEE HERE}

This is why Secretary Bessent essentially said yesterday, he was “evaluating” calls for a U.S. export ban on diesel.  Bessent knows it makes no sense to halt U.S. exports of diesel fuel, because (a) the US has no ability to store it, and (b) if we produce more than we can store, that doesn’t lower the USA price.

Our US diesel supply doesn’t lower the US diesel price because the price is set by market traders, by the western financial markets, not by production or supply. There is a disconnect.  It’s the same reason why Oranges grown in Florida cost the same as Oranges shipped into Minnesota.  Local supply does not determine local price; the rigged commodity market does.

The USA could be swimming in diesel fuel and yet the price at the pump remains $6/gal. (read more)

So, what did Trump do?  He skipped right over the market!

I think everyone who reads CTH can well understand the nature of the telephone call between President Donald Trump and Russian Federation President Vladimir Putin.  Both are clear-eyed leaders who understand each other’s geopolitical contexts and objectives.  There is no pretending between Putin and Trump.

In related news:

Presidential envoys Steve Witkoff and Jared Kushner will meet with Ukrainian negotiators and European officials in Miami on Friday to present “new ideas and proposals” to break the stalemate in the Russia-Ukraine war, U.S. and Ukrainian officials say.

Why it matters: The Trump administration is hoping to reach a diplomatic breakthrough ahead of the midterm elections and before brutal winter weather grips Ukraine.

    • One of the ideas is a partial ceasefire that halts attacks on energy infrastructure and grain shipments. While Ukraine has said it’s willing to take that step, Russia has shown little willingness.
    • “They are all nervous about the winter. It will be a tough winter if the war does not stop. So the U.S. is trying to mediate with the sides, with the goal of creating a unified proposal,” a U.S. source said.

[…] Witkoff and Kushner might travel to Moscow later this month for more talks with Putin, a source with knowledge said. (more)

Posted inBig Government, Donald Trump, Economy, Election 2026, energy, President Trump, Russia, Ukraine, Uncategorized

Chopper Presser – President Trump Delivers Impromptu Remarks Departing the White House


Posted originally on the CTH on October 9, 2026 |

President Trump delivers remarks as he departs the White House with Mike Tyson heading to Syracuse, New York, for a 2026 midterm MAGA rally.

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Posted inBig Government, President Trump, Press Secretary – Trump, Russia

President Trump Sanctions Politically Motivated International Criminal Court (ICC)


Posted originally on the CTH on October 9, 2026 | Sundance |

The Trump administration has imposed sweeping new sanctions on the International Criminal Court in an effort to dismantle the tribunal that President Trump, Secretary Rubio and congress believes has become politicized and attempted to unfairly and illegally prosecute Americans and Israelis on war crimes charges.

Secretary of State Marco Rubio announced the sanctions Friday, after the Nobel Peace Prize was awarded to South African prosecutor Navi Pillay, a former judge at the ICC and other international courts. The ICC is based in the Netherlands, an EU and NATO member. Secretary Rubio made the announcement:

(VIA MSM) – […] US sanctions typically bar all US-based companies from any work with a sanctioned organization, forcing banks to shut accounts, insurers to end coverage and software companies to halt cooperation.

The Trump administration previously imposed targeted sanctions on court officials during his first term, which were rescinded under President Joe Biden. Washington announced new sanctions just days after Trump returned to office in January 2025.

[…] Court officials have been preparing for months for the prospect of sanctions on the court itself, shifting office computers from Microsoft software to open source equivalents and making new arrangements for banking and health insurance.

The court’s registrar Osvaldo Zavala Giler called earlier this week for the EU to be prepared to use a so-called “blocking mechanism” that lets it shield European countries from the extra-territorial effects of sanctions.

In his statement, Rubio said the United States had delayed its sanctions hoping that the ICC and the countries party to its founding Rome Statute would address US concerns, but they had failed to do so.

“Either the ICC will end its threats, or we will end the ICC. We expect our allies, many of whom are part of the ICC and that rely on American servicemembers for their defense, to rein in the court,” Rubio said. (read more)

Posted inActivist Judges, Big Stupid Government, European Union, Lawfare, Marco Rubio, media bias, NATO, Professional Idiots, propaganda, Socialist

President Trump Announces Katie Zacharia as White House Press Secretary


Posted originally on the CTH on October 9, 2026 | Sundance |


VIA TRUTH SOCIAL
– “It is my Great Honor to have just appointed, as Press Secretary, Katie Zacharia. Katie currently serves as Senior Communications Advisor to Truth Social (Trump Media & Technology Group), where she has been outstanding!

A native of California, Katie previously served as Spokesperson and Deputy Assistant Secretary for Public Affairs at the Department of Homeland Security. Katie is a distinguished Graduate of Pepperdine University, and the Pepperdine Caruso School of Law, an attorney, and a frequent Commentator on outlets, including Fox News and Newsmax. She was previously involved in my Campaigns, assisting in key Swing States, where we won 7 out of 7. She has an unblemished record of support, and has been a loyal and brilliant supporter, right from the beginning. She is, likewise, a devoted fan and member of MAGA!

I am confident that Katie will deliver strong results for our Country as the next White House Press Secretary, as she has the respect of, and will work fantastically with, the Media, the American People, and my Administration. Katie is replacing the fabulous Karoline Leavitt, who did a fantastic job as Press Secretary. Good luck Katie!”

~President Donald Trump

Posted inPresident Trump, Press Secretary – Trump

Canada Loses 68,000 Jobs in September After Losing 41,700 Jobs in August


Posted originally on the CTH on October 9, 2026 | Sundance | 

According to the latest data from Statistics Canada, the Canadian economy lost a net of 68,300 jobs in September. This follows a loss of 41,700 positions in August and wipes out all job gains for the entire year 2026.

The alarming results come after Canadian Prime Minister Mark Carney has led all provincial premiers in a coordinated effort to confront U.S. President Donald Trump through an “elbow’s up” program of political antagonism and trade conflict.

Based on economic scale, Canada losing 68,000 jobs in a month would be the U.S. equivalent of losing 500,000 jobs.  The “elbow’s up” program may be politically beneficial to Prime Minister Carney, but the economic consequences are crushing the northern neighbors.

The Canadian dollar immediately weakened after the jobs report and was trading down 0.44% at C$1.4287 to the US dollar, or 69.99 US cents. Yields on the two-year government bonds reversed early moves and were trading down 9.5 basis points to 2.410%.

Initially, when the trade war was announced, CTH anticipated a bottom for the CAD at 50¢/USD under the trade reciprocity program.  50¢ remains the forecast target when the termination of the USMCA (CUSMA) is announced, and analysts have the opportunity to gauge the outcome.

Meaning, if the Canadian trade surplus with the USA was eliminated, and if all the non-tariff barriers were removed, and if full trade reciprocity programs were instituted, and if Canada has to stand on its own economic footing with NATO spending requirements, current domestic tax rates and GDP growth factored, $1 CAD will be worth around 50¢ USD.

Remember, the Bank of Canada has already run the numbers on this. ……”A cascading series of events could cause a sharp loss of investor confidence and lead to a spike in demand for liquidity or rapid asset sales”… {MAY ’26}

(CBC) – Canada lost 68,000 jobs in September, according to Statistics Canada, marking a second straight month of losses.  The unemployment rate ticked up by 0.1 percentage points to 6.5 per cent, which is where it stood at the start of 2026.

The figures bucked economists’ predictions for a gain of 9,200 positions in September. It comes after another surprise last month of 42,000 job losses for August, which snapped a hot streak for the labour market.

[…] By sector, educational services, health care and social assistance, and manufacturing led the declines. More workers in “other services,” which includes things like repair and maintenance, offset the losses.

Porter says the drop in education jobs, which was concentrated in Quebec, could be a bit of a blip, but says it could also point to weakness in the sector with fewer international students studying in the country. (MORE)

For CTH readers, allow me to explain what is happening that is not found in the Canadian financial media.

Business investment is essentially at zero; nothing is happening.  Multinational corporations who are spending in Canada are purchasing assets.  Other vulture capitalists and China are looking at exploiting the shrinking Canadian system, which is giving the Canadian govt a false sense of investment security.   However, these institutions are not investing for growth, they are simply purchasing assets – purchasing in advance of what they predict will be massive leverage for how they will exploit the commodity or asset they are purchasing.

Carney is selling Canadian assets, pipelines, raw materials, energy, infrastructure and airports.  He is essentially carving up the economy, selling Canadian assets and trying to organize the economy so that Canadians don’t realize the GDP shrinking around them.  But you will notice that positive economic activity, that is activity that would grow the GDP valuation, is not Canadian owned.

Corporations who operate inside Canada are not replacing retirees and/or ordinary turnover within their organizations.  Corporations are downsizing as the internal economic activity shrinks.  This is directly related to the September jobs data.

Meanwhile, through deportation and cutting off the avenues of illegal alien subsistence in America, Trump is putting pressure on the parasite class of illegal migrants and a portion of those are fleeing to Canada.  Trump is transferring the economic dependency to Carney.

The decline was concentrated in youth aged 15 to 24, who accounted for 48,000 job losses, according to the data agency. But the pool of young workers also shrank in September, leaving the unemployment rate for that group relatively unchanged at 13 per cent.

Core-aged women, between 25 and 54 years old, also held 28,000 fewer positions, and the number of women in that age group looking for work increased. 

Quebec led the job losses by province, with 49,000 jobs lost in the month, while B.C. followed with 20,000 fewer jobs. Alberta, on the other hand, added 23,000 positions. (more)

It will get a lot worse.  Slowly at first, then suddenly (USMCA termination notice) all at once.

That’s at the core of what these remarks are all about.

https://platform.twitter.com/embed/Tweet.html?dnt=true&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=2108244938831851920&lang=en&origin=https%3A%2F%2Ftheconservativetreehouse.com%2Fblog%2F2026%2F10%2F09%2Fcanada-loses-68000-jobs-in-september-after-losing-41700-jobs-in-august%2F&sessionId=1e944047a0796dcd32cf18f6caf6e419d2a3d2d6&theme=light&widgetsVersion=6a3ad42b224df%3A1778106238597&width=500px

Posted inAuto Sector, Big Stupid Government, Canada, Donald Trump, Economy, energy, European Union, NAFTA, President Trump, Professional Idiots, Trade Deal, Uncategorized, USA, USMCA

President Trump Celebrates Columbus Day at the White House


Posted originally on the CTH onOctober 9, 2026 | Sundance |

President Trump honored the holiday along with Italian American heritage, architecture, and culture during a Columbus Day celebration at the White House.

President Trump highlighted the restoration of a previously toppled Christopher Columbus statue, which now stands outside the Eisenhower Executive Office Building, and discussed the contributions of Christopher Columbus and Italian Americans to the development of the United States. He also reiterated his commitment to celebrating Columbus Day as a federal holiday.

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Posted inBig Government, Celebrations, Donald Trump, Election 2026, President Trump, Press Secretary – Trump, Uncategorized, USA