Category Archives: Main Page

Yield curve steepening signals more pain for stocks, real estate and economy

Posted on October 4, 2023 by Danielle Park

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 →

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Harsh new reality for homeowners as listings rise and buyer-pool shrinks

Posted on October 3, 2023 by Danielle Park

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 →

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Oh Canada

Posted on October 2, 2023 by Danielle Park

When bank economists get bearish, you know that data looks pretty dour. Kudos to Robert for candour in this interview. Robert Kavcic, senior economist at BMO Capital Markets, joins BNN Bloomberg with his perspective on Canada’s July GDP data, which … Continue reading →

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