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Housing has led the deepest economic contractions historically

Some 65%+ of households in Canada and the US own real estate. While the most affluent 10% own 89% of the stock market (in some form), the bottom 90% own 55% of all real estate. Being the lion’s share of … Continue reading

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Epic auto bust cycle now unfolding

After housing, the auto sector is the next major driver of the consumer-driven economy. Since most buyers in both sectors are heavily financed, demand and prices tend to expand and contract with the credit cycle. From 2020 through 2021, a … Continue reading

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Danielle on CBC Weekend Business Panel

Danielle was a guest on the CBC Weekend Business Panel, discussing inflation, consumer stress readings, Kmart pop-ups in the Bay and the move toward hybrid work models. Here is a direct video link.

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