Trading Desk Notes For January 15, 2022
01/17/2022 2:55 PMPeak Fed Hawkish – Or Minsky Moment? Peak Fed hawkish means the markets have WAY over-anticipated the consequences of Fed tightening (the Fed will stand down) – Minsky moment means there has been a sea-change at the Fed, and you ain’t seen nothing yet! Both opinions...
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Canadian Cities Have Seen Up To 90% Of New Real Estate Supply Scooped By Investors
01/17/2022 2:42 PMCanadian real estate is being scooped up by investors with excessively cheap credit. Ownership data for residential real estate across four regions show a significant share owned by investors in 2020. What’s most impressive is how fast this trend must have...
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Report: Athletes in Beijing Games Urged to Use Burner Phones, Disposable Computers
01/17/2022 2:06 PMAthletes from multiple countries—including Canada—were urged to leave their cell phones and laptops at home due to high risks for cyber spying at the 2022 Beijing Winter Games. The Olympic Committees for the United States, Netherlands, Great Britain, Australia and...
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Quote of the Week, Shocking Stat & Goofy Award
01/16/2022 12:15 PMQuote of the Week One of Canada's top economists shares his approach for reducing risk and getting the issues right. Shocking Stat of the Week Covid stats right out of the Centre for Disease Control on who's really at risk. Hint: most will be surprised. Goofy Award...
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Mike’s Comment – Jan 15th
01/16/2022 12:03 PMLike Tears for Fears says, "everybody want to rule the world" - or in this case "re-imagine" the economy or capitalism. Only problem is they can't even get the basics...
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January 15th Episode
01/15/2022 8:23 AMWe're all feeling the pinch as prices soar on everything from groceries, to gas, to bigger ticket items like cars and real estate. Mike taps our favourite conservative investor, Houston-based Lance Roberts, for some thoughts on how investors can turn these...
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Schachter’s Eye on Energy for January 14th
01/14/2022 11:24 AMEach week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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Goldman Sachs Calls 10-Year Commodity Supercycle
01/14/2022 11:06 AMWhile the markets digest the inflation numbers on Wednesday, all eyes will be focussed on the Federal Reserve's reaction to the inflation data. Many economists expected the 7% gain in the Consumer Price Index, marking a 39-year high. Many markets, including stocks and...
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Average Vancouver rent still highest in Canada; Victoria in third place
01/14/2022 10:59 AMThe average rent for both one- and two-bedroom apartments in Vancouver remains the highest in Canada, according to Zumper (formerly PadMapper). One-bedroom apartments went for $2,130 in B.C.’s largest city in January, with Toronto coming in a distant second at $1,850....
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Crypto-backed mortgages still raise red flags, says B.C. regulator
01/14/2022 10:53 AMB.C.’s mortgage regulator continues to sound warnings about anyone considering purchasing a home with cryptocurrency. The BC Financial Services Authority says there is nothing prohibiting buyers from using such unregulated digital currencies, however there are limited...
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