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Toronto-area home sale prices dropped by 5.4% annually in June–the fifth consecutive year-over-year decline. While lethargy is glaring in condos, detached home sale prices fell the most, with a 6.5% year-over-year drop. The average Toronto June sale price of $1.01 … Continue reading →

David Rosenberg, founder and president of Rosenberg Research, believes recession odds are higher than 2022 despite nobody expecting one, pointing to Fed staff forecasting 50% recession probability and the most downbeat Beige Book since 1980. Rosenberg criticizes Powell for calling … Continue reading →

Leland Miller, China Beige Book CEO, joins ‘Squawk Box’ to discuss the state of China’s economy, impact of U.S.-China trade negotiations, how much leverage the country has over the U.S., and more. Here is a direct video link.