China ‘Very Worried’ About Bubbles in Property and Foreign Markets
Lately not a session seems to pass without some “exciting”, unexpected event forcing momentum to reverse course, and sure enough following the best day for US stocks since June, overnight futures dropped after China’s top banking regulator said he’s...
Housing market boom prompts mea culpa from CMHC head
CMHC released forecasts last May saying Canadian home values could plunge between 9 and 18 per cent The head of Canada’s national housing agency defended his organization’s prediction that the COVID-19 pandemic would cause a sharp decline in the residential...
Investors are suddenly obsessed with ‘supercycles’
A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be a new—an extended period during which demand drives prices well above their long-run trend. A major impetus is the massive stimulus spending by governments as they juice up...
Bitcoin rises after China region declares war on crypto mining
China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate the power-hungry practice. The autonomous region, a favorite among the industry...
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