Monthly Archives: June 2023

Housing inflation keeping central banks hawkish

Falling average hours worked is leading consumer demand lower while housing inflation is keeping central banks hawkish for longer than in past cycles. Nasty combo. Chris Harvey, Wells Fargo Securities head of equity strategy, and Frances Donald, Manulife Investment Management … Continue reading

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Home buyer math is bonkers for most

Many homes for sale in our area north of Toronto are priced in the $2 million range–many have been on the market for months now. If we do some math, we can appreciate why. Online calculators allow us to model … Continue reading

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Monetary policy magnifying economic downturn most in decades

The latest rebound in equity prices has pulled the S&P 500 and Canada’s TSX back to levels seen two years ago in June/July 2021. In the process, bullish sentiment among professional and retail participants is back to the highest readings … Continue reading

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