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Pandemic buyers struggling to unload properties

Leverage on leverage on leverage, who would have thought? John Fincham, broker at Re/Max Parry Sound Muskoka Realty, joins BNN Bloomberg to discuss the Ontario cottage market. He says that many cottage owners who bought during the pandemic are now … Continue reading

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Small caps leading lower

The economically-sensitive Russell 2000 stock index (RUT) has given back all of its early 2023 rebound and is now negative year to date, -29% from its cycle peak in October 2021 and just 1% higher than where it was in … Continue reading

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Resisting financial sentinels

Investment banks are having a rough year. Sharply higher interest rates are taking a toll. Falling asset prices since 2021 have reduced fees tied to assets under management just as bad debts are rising. Underwriting fees are not helping: year-to-date … Continue reading

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