Monthly Archives: June 2023

Bank of Canada strikes again

Posted on June 8, 2023 by Danielle Park

Yesterday, concerned about lagging inflation readings and renewed froth in Canadian housing markets, the Bank of Canada came off its pause since January and announced yet another 25 bps hike. Now at 4.75%, the dramatic 450bps of rate increases since … Continue reading →

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Recession is the policy goal and it will be achieved

Posted on June 7, 2023 by Danielle Park

A deflationary recession is the goal of central bank policies today. They’re determined to get there, and they will succeed. Make no mistake. Eric’s update is worthwhile. Eyes on the prize. (You can fast-forward through the channel’s crypto commercials). On … Continue reading →

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Recession start date and stock markets

Posted on June 6, 2023 by Danielle Park

Recession Guessing Game — DiMartino Booth and Charles Payne of FBN Answer Questions. Here is a direct video link. The five most expensive tech companies now comprise 25.7% of the S&P 500 (a record since the infamous Nifty Fifty stocks … Continue reading →

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