Housing prices in Canada may face headwinds in 2025. While a 6.6% rise has been forecast by CREA, I’m skeptical. With bond rates not falling as quickly as the Bank of Canada’s rate cuts, fixed-rate mortgages
The economy and stock market may face challenges at the beginning of the year but expect reasonable returns when the stock market bounces back when President Biden’s approval rate goes up in June. The United States could still suffer a mild recession in the Fall, but it would be short-live...
A new economic growth jobs and prosperity act will pass the US Congress in 2021. I see the US government reducing the capital tax to incentivize investment and issuing some of the old historical bonds to keep the current low interest rate on the debt. This will not cost the tax payer anyt...
Recently, interest rates in Canada have had a large impact on the forecast of the Canadian dollar. US interest rates also matter. Essentially, it is the interest rate differential (between Canadian interest rates and US interest rates) that impacts the Canadian dollar. If Canadian interest rates...
Richard Braham and Lynette Underwood, Commonwealth Bank of Australia: “2023 has seen slower PE divestments and valuations being a hot topic (especially as to how assets are being valued in the inflationary and high interest rate environment). We do expect some of these themes to continue into...
A moredistractedcountry. I think of the government like plumbers. I have little interest in what they do and how they do it. I don’t view plumbing as a spectator sport. I just want things to work. But we have now signed up for four more years of stunts, boasts, bluffs, brags,par...
listed below. Home sales have been significantly low for many years, but might a small uplift as home and condo prices drop and mortgage rates fall. Bankers of late says mortgage rates will rise even in the BoC interest rate falls. It’s because of a long-term concern over US inflation....
Undoubtedly, oil prices have been remarkably resilient in the face of disappointment stemming from the revaluation of the potential decline in interest rates in the US and, therefore, globally. Remember that the markets anticipated several rate cuts by the beginning of 2024. Although inflation is ...
Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve's last policy meeting for fresh cues on when the U.S. central bank will start cutting interest rates. Bloomberg / Contributor / Getty Images Saxo Bank's "outrageous predictions" for 2023 include a ban on ...
but the residential real estate markets will pick-up as interest rates go down.Mixed here. The U.S. did not go into recession and since I published this before the December Fed meeting, I am not sure if I was right on the three interest rate cuts – there were at least two. The...