Monthly Archives: April 2025

Yesterday afternoon, news of a 90-day US trade tariff pause sparked jubilation in stock markets. The 9.5% bounce in the S&P 500 was the third-best day since 1950, and other indices followed suit. Lest we lack perspective, the other two … Continue reading →

I’ve continuously pointed out the danger of asset bubbles because they commonly lead to a slippery slope of destructive behaviours, threatening the health and stability of individuals, businesses, and the economy. After a dramatic wipeout in March 2020, stock prices … Continue reading →

In March, the year-over-year change in new listings (yellow bars below) outpaced sales volumes (blue bars) in all major Canadian urban areas. See Canada’s homebuyers wait out trade war fallout: March saw more homebuyers retreating to the sidelines amid growing … Continue reading →