Category Archives: Main Page

Canada between rock and hard place

Posted on March 13, 2025 by Danielle Park

As expected, the Bank of Canada (BoC) cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75%, the lowest since September 2022. In his prepared statement, BoC Governor Tiff Macklem struck a grave … Continue reading →

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Extremes go both ways; it’s called mean reversion

Posted on March 11, 2025 by Danielle Park

And, it’s gone…the widely owned Magnificient 7 stocks (Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet A, and Alphabet C), down a collective 20% from recent highs, have given back their Trumphoria election gains (see pink bank below, courtesy of my partner … Continue reading →

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Housing downturns lead the worst recessions

Posted on March 10, 2025 by Danielle Park

Real estate, the most widely owned and highly leveraged asset class globally, has historically led the deepest economic downturns. Has a housing bubble ever burst without devastating pain across the economy and society? Unfortunately, not. It is far better not … Continue reading →

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