Detached Housing Market Update
04/14/2021 10:06 AMRecord Breaking Month in Greater Vancouver for Home Sale Prices & New Monthly Listings Yet another record month for the Greater Vancouver housing market. The average cost to purchase a detached property inside of REBGV increased by $89,000. Bringing the average to...
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The skyrocketing cost of lumber, explained
04/14/2021 8:03 AMLow supply and high demand have pushed lumber prices through the roof, but European beetles are helping. Wood is typically used for building roofs. Now it’s known for blasting through them. Lumber prices are up nearly 260% since April 2020, following a perfect storm...
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Fortnite-maker Epic completes $1B funding round. The most ironic investor on the list: the Ontario Teachers’ Pension Plan Board.
04/14/2021 7:45 AMHow much is Epic Games worth? Well, we’ve long ago surpassed the realm of dollar figures regular humans can contextualize. With its latest round, the gamer hit an equity valuation of $28.7 billion. Yes, "b" for "billion." That’s a lot of micro-transactions. Time to...
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This Would Open a Very Damaging Can of Worms
04/14/2021 6:38 AMI don't care what Governor or what party - it's a very bad idea to open the door for people to question the central bank's independence and decision making because a former Governor wants to get...
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The robots are coming, and they’re bringing pizza.
04/13/2021 7:21 AMNew York (CNN) - This week, Domino's is rolling out a robot car delivery service to select customers in Houston. For those who opt in, their pies will arrive in a fully autonomous vehicle made by Nuro. Here's how it works: Customers in the Woodland Heights...
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Rabo: When It Comes To Inflation, What One Does And Doesn’t See Is All Political
04/13/2021 7:08 AMCPI Basket Case On Sunday on ‘60 Minutes’, Fed Chair Powell said “We can wait to see actual inflation before we raise interest rates.” Well, today is the US inflation report. The market consensus is headline prices will rise 0.5% m/m, which would be around 6% y/y...
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Earnings Growth Not As Strong As Advertised
04/13/2021 6:35 AMAs markets surge to record highs, analysts are rushing to ratchet up earnings estimates as optimism explodes. “The first quarter of 2021 marked the largest increase in the bottom-up EPS estimate during a quarter since FactSet began tracking the quarterly bottom-up EPS...
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Did It Improve Your Quality of Life?
04/13/2021 6:34 AMShould be the shocking stat of the week. Even big government advocates may be surprised by the growth of the federal...
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Big Fat Idea – Investing in CyberSecurity
04/12/2021 9:43 AMIan Paterson, CEO of Plurilock Security joins Michael to share some insights into the booming market for cybersecurity products and services - and most importantly, some ideas on how investors can...
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Tiger Global, the $65B fund on a wild tech spending spree
04/12/2021 8:07 AMFounded as a hedge fund in 2003, Tiger Global has turned into one of the investment industry’s largest tech players. Earlier this month, investment firm Tiger Global announced that it raised one of the largest pots of VC money ever: $6.7B. As detailed by TechCrunch,...
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