{"id":3338,"date":"2025-04-03T20:42:56","date_gmt":"2025-04-03T20:42:56","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/?p=3338"},"modified":"2025-04-03T21:01:07","modified_gmt":"2025-04-03T21:01:07","slug":"12-random-thoughts-on-liberation-day-by-dr-james-thorne","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/2025\/04\/03\/12-random-thoughts-on-liberation-day-by-dr-james-thorne\/","title":{"rendered":"12 Random Thoughts On Liberation Day by Dr. James Thorne"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3338\" class=\"elementor elementor-3338\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-413238d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"413238d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1387cb97 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1387cb97\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7dbe08a7\" data-id=\"7dbe08a7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19ae752e elementor-widget elementor-widget-text-editor\" data-id=\"19ae752e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-3340 size-full\" src=\"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-1.png\" alt=\"\" width=\"1277\" height=\"323\" srcset=\"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-1.png 1277w, https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-1-300x76.png 300w, https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-1-1024x259.png 1024w, https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-1-768x194.png 768w\" sizes=\"(max-width: 1277px) 100vw, 1277px\" \/><\/p><ol style=\"text-align: justify\"><li>The highest tariffs target economies with large trade deficits and very low labor costs.<\/li><li>Canada secured a major victory. I\u2019m cautiously optimistic that this is the best-case scenario. Can Trump now take a backseat in the federal election?<\/li><li>It\u2019s important to note the U.S. Senate\u2019s support for Canada\u2014a symbolic gesture!<\/li><li>This marks the beginning of trade negotiations. Those who act quickly will secure better deals.<\/li><li>Uncertainty has decreased. Let\u2019s give it a few days to settle.<\/li><li>The U.S. dollar continues its orderly devaluation.<\/li><li>Yields are dropping, with the 10-year U.S. Treasury yield about to breach 4%, bringing satisfaction to Treasury Secretary Scott Bessent.<\/li><li>Equity futures are weak; Japan initially dropped 6% but is attempting to recover, now down 3%, while Australia is down 1.5%.<\/li><li>Concerns about inflation are being raised by some economists, echoing 2018\u2019s narrative.<\/li><li>The economy is slowing down. Growth is decelerating, liquidity is being injected, rates are being cut, and debt is being refinanced at lower rates. Remember, $9-trillion needs to be addressed this year and next.<\/li><li>Currency and credit markets are responding appropriately; expect volatility in equities.<\/li><li>We are likely to start Thursday markets significantly down but anticipate climbing throughout the day. It\u2019s the closing Friday that matters!<\/li><\/ol><p style=\"text-align: justify\"><img decoding=\"async\" class=\"aligncenter wp-image-3345 size-full\" src=\"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-2.png\" alt=\"\" width=\"1075\" height=\"127\" srcset=\"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-2.png 1075w, https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-2-300x35.png 300w, https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-2-1024x121.png 1024w, https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2025\/04\/Untitled-2-768x91.png 768w\" sizes=\"(max-width: 1075px) 100vw, 1075px\" \/><\/p><p style=\"text-align: justify\"><a href=\"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/\"><img decoding=\"async\" src=\"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-content\/uploads\/sites\/37\/2024\/03\/2.png\" alt=\"\" width=\"2088\" height=\"604\" \/><\/a><\/p><p style=\"text-align: justify\"><span style=\"font-size: 8pt;color: #2c4357\">The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual\u2019s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Financial Inc. (Wellington-Altus) is the parent company to Wellington-Altus Private Wealth Inc. (WAPW), Wellington-Altus Private Counsel Inc. (WAPC), Wellington-Altus Insurance Inc. (WAII), Wellington-Altus Group Solutions Inc. (WAGS), and Wellington-Altus USA Inc. Wellington-Altus (WA) does not guarantee the accuracy or completeness of the information contained herein, nor does WA assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor..<\/span><\/p><p style=\"text-align: justify\"><span style=\"font-size: 8pt\">\u00a92024, Wellington-Altus Private Wealth Inc., Wellington-Altus Private Counsel Inc., Wellington-Altus Insurance Inc., Wellington-Altus Group Solutions Inc., and Wellington-Altus USA\u00a0<\/span><span style=\"font-size: 8pt\">Inc. ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION. <span style=\"color: #2c4357;font-family: var( --e-global-typography-text-font-family ), Sans-serif;font-weight: var( --e-global-typography-text-font-weight );letter-spacing: var( --e-global-typography-text-letter-spacing )\">www.wellington-altus.ca<\/span><\/span><\/p><p style=\"text-align: justify\"><span style=\"font-size: 10pt;color: #2c4357\"><span style=\"font-size: 8pt\">If you no longer wish to receive commercial electronic messages from Wellington-Altus Private Wealth Inc., please send an email to unsubscribe@wellington-altus.ca<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The highest tariffs target economies with large trade deficits and very low labor costs.<\/p>\n","protected":false},"author":68,"featured_media":3099,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[236,238,17,240,237,45,145],"class_list":["post-3338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","tag-capital-gains","tag-financial-freedom","tag-financial-planning","tag-september","tag-wealth-advisory","tag-wealth-management","tag-wealth-planning"],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/posts\/3338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/comments?post=3338"}],"version-history":[{"count":10,"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/posts\/3338\/revisions"}],"predecessor-version":[{"id":3351,"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/posts\/3338\/revisions\/3351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/media\/3099"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/media?parent=3338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/categories?post=3338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/towerwealthadvisory\/wp-json\/wp\/v2\/tags?post=3338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}