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Monthly Archives: December 2013
Canadian housing market and downside for banks
“Amateur landlords are rampant in the Toronto condo market…50-60% of condos under construction are being sold not for owner-occupied but for “investment purposes”…this could hurt the Canadian banks but also the bank investors” [shareholders].Here is a direct video link. Sure … Continue reading
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The trouble with asymmetric market cycles
Coming into the final hour of yet another crazy day in financial markets. As of 3:30 ET we have bonds and precious metals weaker, with the US dollar stronger, all three suggesting a FED QE taper is more likely on … Continue reading
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The Long Walk of Nelson Mandela
Frontline’s intimate portrait of one of the 20th century’s greatest leaders. Here is a direct video link.
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