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Monthly Archives: October 2017
‘Big Short’ Eisman: Canada due for ‘pretty severe correction’ in credit cycle
Canada’s housing market is “ripe for a pretty severe correction” with Canadian Imperial Bank of Commerce the most vulnerable, according to Steve Eisman, a fund manager at Neuberger Berman Group LLC. Here is a direct video link. “In Canada, there’s … Continue reading
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Downsizing expenses and waste: a trend whose time has come
We’ve been writing for some time about secular trends that will increasingly urge baby boomers to downsize McMansion-style homes. Not only do people physically want less property upkeep as they age, but the drop in ‘safe’ income yields from 5 … Continue reading
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Fossil fuel era ending faster than most can imagine
Oil prices are poised to crash to just $10 per barrel over the next six to eight years as alternative energy fuels continue to attract more and more investors, Chris Watling, chief executive of Longview Economics, told CNBC on Friday. … Continue reading
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