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Daily Archives: May 14, 2013
Vultures begin to circle on Canadian housing downside
Seems like hardly a week goes by now, without at least one international think tank or commentator talking about lofty-looking Canadian realty prices and the over-exposure of Canadian banks and taxpayers via the CMHC underwriting of high leverage loans. Stats … Continue reading
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Well said…
Gross: Never have investors reached so high in price for so low a return. Never have investors stooped so low for so much risk. — PIMCO (@PIMCO) May 14, 2013
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Ted talks Education
As stocks move through their now typical Groovy Tuesday ramp I think it is helpful to look at reality-based things that actually strengthen the real world, like education. Public television and TED, the non-profit organization devoted to Ideas Worth Spreading, … Continue reading
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