Truck maker Paccar sales continue to fall.Freight shipments in the US are still down.A look at how tariffs impact trade: Lobsters.Petrol cars may not be going the way of the Dodo in California  after all.Both Home Depot and Lowe’s broke eight quarter losing streaks at the end of 2024 with sales finally back in positive territory.It only lasted a quarter.Inflation in Canada is rising again.On an adjusted basis, Canada has lost jobs for two straight months.And the government artificially increased the unemployment numbers in order to boost unemployment benefits.We dive into just how unaffordable a house is in Toronto.In Financial Ructions:Things look like they’re unravelling in Japan.Inflation is forcing the Bank of Japan’s hand on interest rates.That’s what happens when you increase the monetary base at an annual rate of 14% over 14 years.Yes, longer-term rates are affected by central banks.And not just through QE.We look at an FT opinion piece which says that efforts to improve liquidity in the US Treasury market could exacerbate the basis trade.But don’t worry, the Fed will come to the rescue.We finally finish our book review of The Great Depression.I actually found myself agreeing with a couple of the author’s comments.But don’t worry, I disagreed with most of what he had to say in the final chapter.

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