Juggling Dynamite

After last week’s “surprising” capitulation by the Bank of Canada where it lowered Canada’s growth outlook for the next 2 years, the Canadian dollar is back flirting with the lows of the year and a new Goldman Sachs report highlights downside risks in the highly valued Canadian housing market. See:Goldman warns on large correction in Canadian housing

“Canada is careering towards a sharp fall in house prices with some areas of the country’s market already showing signs that overbuilding and ultralow interest rates are taking their toll on the property market, Goldman Sachs reports.

Adding its voice to a growing chorus of concern, a report from Hui Shan, an economist at Goldman, late last week warned: “what goes up can keep going up, but then tends to come down.”

What’s that? prices that go up too far tend to come down? Not the stock market though…it will never come down again, right?

Danielle will be speaking at The MoneyShow Toronto Friday October 25 at the Metro Convention Centre, giving a 30 minute presentation on the present investment climate at 1:45pm. You can register to attend or learn more on The MoneyShow website here.

Danielle’s presentation today was taped for replay and will be available on the Moneyshow website shortly. We will post the link in due course.

Probably the most abused drug today…and yet it is freely pushed on our children. Sugar has become a habit that is costing our society heavily.

Sugar may be sweet, but excess consumption leaves a bitter aftertaste: millions of people worldwide are affected by type II diabetes or obesity, costing the global healthcare system billions of dollars every year. As the Credit Suisse Research Institute’s 2013 study “Sugar: Consumption at a Crossroad” found, close to 90 percent of general practitioners in the US, Europe and Asia believe excess sugar consumption is linked to the sharp growth in these health problems. Here is a direct video link.