Mean reversion is a historic constant…delayed but never avoided. Good summary here.
David Rosenberg, chief economist and strategist at Rosenberg Research, joins BNN Bloomberg to provide his thoughts on the bubble forming in the housing market. He says that we are in a very unstable situation in Canada, and that residential real estate valuations are out of whack. Here is a direct video link.
Last week’s overview discussion with macro analyst Stephanie Pomboy was far-reaching and non-consensus. Food for thought. Central banks globally have orchestrated trillions in monetary maneuvers with the aim of boosting asset inflation over the past year and have been very successful to date. The question at hand is how long will this financialized inflation last? Given that spending and debt have soared while organic income has plunged on lost employment (for workers) and low investment yields (for savers) during the recession, a resumption of disinflation is most probable.
Hedgeye Investing Summit” interview between Steph Pomboy, Founder of MacroMavens, and Hedgeye CEO Keith McCullough.
Here is a direct video link.
Here is a direct video link.
