About this episode

The episode features macro strategist Kevin Muir discussing the impact of fiscal deficits and government spending on markets, particularly in Canada.

We're joined by macro strategist Kevin Muir—famously known online as The Macro Tourist—to break down the massive fiscal deficits pushing markets forward. We dive into the staggering reality of Canada’s new government-funded pipeline project, which is costing a massive $35B+ but driving up to 140,000 jobs. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers For Investors and Advisors: https://www.neighbourhood.com/looniehour Schedule a call with IceCap Asset Management: https://icecapassetmanagement.com/contact/ ✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com Stay up to date with our information - 📫 My Real Estate Substack: https://stevesaretsky.substack.com 📫 The Loonie Hour Substack: https://looniehour.substack.com/about 📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour 🎙️ Listen to the Podcast on Your Preferred Platform: https://linktr.ee/looniehour [10/07/26, 7:48:33 PM] ~ Jeff: Timestamps: 00:00 Introduction 04:49 Oil, Iran, Pipelines, And More 08:24 Introducing Kevin Muir 13:10 Opposing Views 14:02 Will The Bank of Canada Cut Rates? 15:29 Why The Feds…

People in this episode

Host: Steve Saretsky

Guest: Kevin Muir

Topics covered

• fiscal deficits
• government spending
• pipeline project
• job creation
• monetary policy
• bond market

Keywords

• fiscal bazooka
• Canada pipeline
• government deficits
• job creation
• monetary policy
• bond market
• Kevin Muir

Sponsors

Neighbourhood Holdings

Mentioned in this episode

Organizations: IceCap Asset Management, Loonie Hour, Substack

Places: Canada

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• Are Canadian Tax Payers Bailing Out Developers? · June 26, 2026 · 1h 39m
• Ottawa’s War on Privacy and Internet Freedom- w/guest Sam Cooper · June 19, 2026 · 1h 17m

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