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Daily Archives: April 14, 2022
Higher costs weighing on Canadian households
The Bank of Canada doubled its overnight lending rate this week to 1% and is expected to move it above 2.5% by year-end. The interest cost on floating rate loans moves with the BOC rate, so each .50% increase adds … Continue reading
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Rosenberg and Pomboy Part 2: Market Hell Ahead?
Building off of their analysis in Part 1 of this interview, David Rosenberg & Stephanie Pomboy continue explaining why a recession looms dead ahead, one likely to be accompanied by serious downward corrections in stocks, bonds (except long-dated US Treasurys), … Continue reading
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