Weekly Financial, Economic & Market Wrap Up
Adrian C. Spitters FCSI®, CFP®, CEA® President, Author, Private Wealth Advisor
I Execute Tax-Efficient Investment Portfolio Solutions So That Your Business, Family, And Estate Assets Are De-Risked And Protected Against Financial Risk, Economic Threats, Inflation And Higher Taxes.
Here's A Brief Overview Of This Week's Stories:
The Great Unmasking: Uncovering the Decades-Long Plan to Seize Global Assets
A Multi-Generational Heist
In a world where financial uncertainty looms large, a startling revelation has emerged from the depths of the global banking industry. David Webb, a seasoned finance professional, has uncovered a multi-generational plan that threatens to strip individuals and institutions of their private assets on an unprecedented scale. His documentary, "The Great Taking," and accompanying book delve into the intricate legal machinations that have been meticulously crafted to facilitate this monumental heist.
The Reclassification of Securities
At the heart of Webb's findings lies the concept of "securities entitlements," a legal construct that has transformed our understanding of property rights. Traditionally, securities such as stocks and bonds were considered personal property, providing direct ownership and protection even in the event of financial insolvency. However, through a series of strategic amendments to the Uniform Commercial Code (UCC), these securities have been reclassified as mere contractual claims, rendering their owners unsecured creditors vulnerable to seizure.
The Wall Street Skimming Operation: Unraveling the Complexities
In the intricate world of finance, a tangled web of complexity has emerged, one that has enabled a vast skimming operation to flourish. At the heart of this conundrum lies the concept of indirect ownership, a system that has revolutionized the way we buy and sell securities but has also created a labyrinth of intermediaries and convoluted processes.
Continue Reading: The Wall Street Skimming Operation: Unraveling the Complexities
Navigating the Interest Rate Environment: Strategies for Real Estate Investors
As the Bank of Canada signals a growing likelihood of interest rate cuts, real estate investors have an opportunity to position themselves for potential cash flow improvements. In a recent appearance before the House of Commons finance committee, Bank of Canada Governor Tiff Macklem expressed cautious optimism, stating, "We do see renewed downward momentum in underlying inflation. The message to Canadians is that we are getting closer. We are seeing what we need to see, and we just need to be confident that it will be sustained."
The Perilous Path of Financialization
The United States has long been an economic powerhouse, but there are concerning signs that its economy is becoming too focused on finance rather than productive activities. This phenomenon, known as "financialization," has historically signalled the decline of major powers.
Continue Reading: The Perilous Path of Financialization
Your Money is Worth Nothing: Heeding History's Warning!
"Those who cannot remember the past are condemned to repeat it." This adage, profound in its simplicity, serves as a guide in understanding the dangerous nature of fiat currency - your cash! As a student of history, I've come to realize that ignoring the lessons of the past not only blinds us to the present but also makes us vulnerable to the repetitive cycles of economic collapse as the US National Debt hits $35 Trillion.
Continue Reading: Your Money is Worth Nothing: Heeding History's Warning!
Canadian Life Insurance: Navigating U.S. Tax Changes
There is a need to understand how recent U.S. tax amendments affect Canadian life insurance policies issued before 2021 and what steps policyholders need to take to ensure compliance and eligibility. In the intricate world of insurance, even seemingly small changes to tax regulations can have far-reaching consequences. Such is the case with the recent adjustments to U.S. tax laws, particularly IRC Section 7702, which have left many Canadian life insurance policyholders reeling with uncertainty.
Continue Reading: Canadian Life Insurance: Navigating U.S. Tax Changes
Mortgage Rates to Rise as Bank of Canada Sees Long Inflation Fight
Canadians hoping for a reprieve from soaring mortgage rates were dealt a harsh reality check on Tuesday, April 9th, as the Bank of Canada (BoC) maintained its hawkish stance, signalling that interest rates could remain elevated for longer than anticipated to combat persistent inflationary pressures.
Recommended by LinkedIn
Continue Reading: Mortgage Rates to Rise as Bank of Canada Sees Long Inflation Fight
Canada's Housing Crisis: A Ticking Time Bomb for the Economy
In a grim assessment, Dave McKay, the President and Chief Executive Officer of the Royal Bank of Canada (RBC), has issued a dire warning about Canada's housing crisis. McKay painted a bleak picture, cautioning that the exorbitant costs of housing could trigger a devastating brain drain, making it increasingly difficult for the country to attract and retain the next generation of skilled workers.
Continue Reading: Canada's Housing Crisis: A Ticking Time Bomb for the Economy
The Great Housing Rebound: What's in Store for Canada's Real Estate Market?
After a prolonged period of punishing interest rate hikes that brought the housing market to a grinding halt, experts warn that any rebound in Canada's housing sector will be a gradual and arduous process. Moreover, the persistent issue of affordability threatens to cast a dark cloud over the recovery, particularly in major markets like Toronto and Vancouver.
Exploring Alberta's Rental Market: Webinar Invitation
I'm thrilled to extend a personal invitation to you for an upcoming webinar that promises to illuminate the vibrant landscape of Alberta's rental market. Presented by Axcess Capital Advisors in collaboration with Legacy Investment, this webinar is your gateway to uncovering opportunities within Alberta's real estate sector.
Join me, Adrian C. Spitters, alongside other esteemed industry experts, on Wednesday, May 29th, 2024, from 3 PM to 4 PM PST / 6 PM to 7 PM EST. Together, we'll explore Legacy Investment's property portfolio, growth strategies, and forthcoming acquisitions, offering invaluable insights into the Western Canadian real estate market.
Secure Your Spot:
Reserve your complimentary spot today and unlock the potential of Alberta's rental market.
Is The Current State Of The Economy Keeping You Up At Night?
With all the economic and market uncertainty, you may have questions or concerns about your financial well-being. As a valued Lasting Financial Security subscriber, we are offering a complimentary portfolio evaluation to confirm if your current investment strategy will meet your financial objectives. To learn how we can help you protect and grow your wealth during these uncertain times, please email me at aspitters@pfcwealthsolutions.com or use my Calendly Link to book your private strategy session.
To continue receiving my posts, please follow Adrian C. Spitters FCSI®, CFP®, CEA®, and sign up for my Newsletter, Lasting Financial Security.
Please also check out and join my new group, The Counter Narrative.
If you like the stories I write, please share. It helps get the information out to people who may benefit.
Do you find value in the articles I write? Please subscribe to my weekly Newsletter, which summarises my best stories of the week: SUBSCRIBE.
#FinanceNews #EconomicTrends #RealEstate #InterestRates #PrivateEquity #InflationImpact #FinancialSecurity