1. Canada 6-City Housing Prices Slide Off Their Highs
In January 2017 Canada’s big city metro SFD prices coiled about or slid off their near term highs except in Toronto where detached houses and town houses fetched new peak prices.
2. Why you shouldn’t fear rising interest rates …
“the notions that rising interest rates will kill off equity market gains, particularly in the U.S. … or choke off a real estate recovery … or kill the gold market for good — are myths. Period”
3. Extreme Readings in the Bond Market
Janet Yellen, you’re fired!
For the past 20-30 years, the Federal Reserve has been dominated by academics largely out of MIT. Jim Bianco at Bianco Research says that’s all going to change under Trump, starting with Fed chair Janet Yellen.