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Category Archives: Main Page
Tesla: zero to most profitable in 15 years
Truly other world… Sandy Munro was blown away by Tesla’s profit margin, which is eight times more than Toyota’s. Here is a direct video link.
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Canada’s housing downturn barely started
Bank economist Robert Kavcic offers useful macro housing context in the Better Dwelling segment below. One caveat worth noting, though: from a price peak in February 2022, a housing bottom by mid-2023 would be an unusually quick downcycle. Meanwhile, the … Continue reading
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Monetary policy changes are felt slowly and then all at once
Used car prices fell nearly 15% year over year in December, and as shown below, since 1997, prices would need to fall another 30% to return to pre-COVID norms. Monetary policy changes move through the economy in 12 to 24-month … Continue reading
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