Follow
____________________________
Monthly Archives: October 2023
Bond market tightens noose on highly indebted economy
Today, we have news that the Canadian and US economies are estimated to have created more jobs in September than forecast. Still, hourly earnings moved down, and unemployment rates in both countries have moved above cycle lows. It is helpful … Continue reading
Posted in Main Page
Comments Off on Bond market tightens noose on highly indebted economy
Yield curve steepening signals more pain for stocks, real estate and economy
Bond analyst Alf Pecatiello warns that over the last 3 months, US bond markets have been in an aggressive and prolonged period of bear steepening of the yield curve. History shows if left unchecked, this steepening is likely to cause … Continue reading
Posted in Main Page
Comments Off on Yield curve steepening signals more pain for stocks, real estate and economy
Harsh new reality for homeowners as listings rise and buyer-pool shrinks
In its 2023 Financial System Review, The Bank of Canada notes growing concern about the ability of households to service their debt, with mortgage holders facing payment increases of up to 40%. Compounding the issue is the fact house prices … Continue reading
Posted in Main Page
Comments Off on Harsh new reality for homeowners as listings rise and buyer-pool shrinks
;
