Monthly Archives: October 2017

New Zealand to ban non-residents from buying homes. Canada next?

New Zealand’s newly elected government is launching an attack against foreign home ownership. In an effort to tackle soaring property prices, the country of 4.7-million people will pass a law that seriously restricts foreigners from buying property. The plan, as … Continue reading

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Do it for you: electric vehicles are cheaper

The purchase price for electric cars is coming down.  In 2017, the average electric car transaction price fell by 11% from 2016. But that is only part of the math:  less parts, repair and maintenance as well as lower fuel … Continue reading

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Americans too: IMF warns record US household debt is ‘economic trap’

The International Monetary Fund devotes two chapters of its latest Global Financial Stability Report to the issue of household debt and points out: high household debt levels deepen and prolong economic recessions. US household debt is back at pre-Great recession … Continue reading

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China hope and hype driving commodity prices–mean reversion due

Good discussion (I missed this at the end of September).  The same speculative forces drove prices far above fundamentals in 2007-08 and 2010-11 before they collapsed.  We are there again. Leland Miller, China Beige Book International CEO, provides insight into … Continue reading

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Canada unprepared for the payback period

The thing about economic expansions is that people are supposed to work, pay down debt and build up savings, so that they can ride out the economic downturn that follows. Canadians have done the opposite over the past 8 years, … Continue reading

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Danielle on This Week in Money

Danielle was a guest with Jim Goddard on This Week in Money, talking about recent developments in the markets and world economy.  You can listen to an audio clip of the segment here.

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