Monthly Archives: August 2025

Government and central bank housing ‘help’ has made a mess

I have said for some time that the housing bubble and now bust is the dominant economic challenge at hand, with broader financial impacts than trade tariffs. Industry participants are starting to agree. Toronto-area new home sales marked the worst … Continue reading

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TM: The Fed now fears recession

Worthwhile overview in this discussion. Suddenly, the Federal Reserve is filled with more drama and curveballs than a World Series tiebreaker. The betting markets are abuzz debating who President Trump will replace current Chair Jerome Powell with. A surprise resignation … Continue reading

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Weak job market warning

It now takes the average US worker 24 weeks to find a job after losing one, nearly a month longer than a year ago, according to federal data. The hire rate—the number of hires as a share of overall U.S. … Continue reading

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