Merryn Somerset Webb interviews GMO co-founder and notorious caller of market bubbles Jeremy Grantham. Grantham, who also serves as the firm’s long-term investment strategist, leans into his more than ...
Delinquencies and motivated property sellers are rising sharply in America, too. While U.S. new home completions rose 10% ...
Despite a 200 basis point drop in the Bank of Canada’s overnight rate, Canadian mortgage rates have more than doubled from ...
New property listings leapt 11% nationwide from December to January, the largest monthly increase in almost two years.
After the U.S. election, Trumphoria swept financial markets with parabolic moves in many risk assets into the new year. However, the realization may have dawned in the past month that government ...
Canada’s economy is now particularly vulnerable as the housing bubble mean-reverts the ‘wealth effect’ (they always do), and we have fewer income-generating businesses and technologies to help lower ...
Main St. versus Wall St., consumer versus speculator. The Ponzi continues until some kid says, 'the Emperor has no clothes'. Sadly, the reversion to the mean will hurt many of those who simply can't ...
The latest Canadian Joe Debtor study finds that the average insolvent debtor owed $60,678 in unsecured debt in 2024, an increase of 12.2% from 2023—the largest annual rise since the study began in ...