Canadian Real Estate Tanks Fast This Year. How much risk is in the overall mortgage portfolio? 👇 Here is a Rough view of the Big 5...

July inflation is out … +7.6% Y/Y. Finally, it is moving in the right direction, but still outpacing wages. 🟨 July inflation down to...

Recession with Full Employment? The macro trend underneath … US Q2 GDP Y/Y growth is -0.9%, according to BEA’s advance estimate today....

The Fed raised the interest rate by 75 bps today. This brings the cumulative rate increase this year to 225 bps. With full employment,...

Interesting time. The fear of recession has never been greater, while the consumer loss rate is historically low. What is the status of...

Even for those without any income loss, Market slides will lead to less consumer spending. This CBC piece explains the inverse "wealth...

As the stimulus benefit gradually recedes, consumer delinquency will continue to normalize/increase in 2022 - first with the subprime...

We barely come out of the pandemic, now facing the risk of recession? The search volume of the word “recession” has sharply shot up. 👇...

A WSJ report highlights the rising delinquencies of subprime loans. Some are wondering - have we learned anything from 2008? Actually,...

🏠 Market Update Canadian housing is such a hot topic now, Even Simu Liu had to take a jab at it in his Juno Award speech. 🇨🇦 After a...

💵 How much cash do you have in your wallet? And how much is outside your wallet? Here is the latest report from the Fed: 👉 Cash Use...

The economic data is great, But the middle class is mad. Why? This Time article details the struggle of today’s middle class. And the...

🏠 As the interest rate starts to rise Housing and mortgage markets begin to cool down US: March existing home sales volume Y/Y -4.5%...

The Fed reported a $42 billion growth in consumer borrowing in Feb 2022. Consumers seem to pay down balances more slowly. This could be...

This CBC report explains how US $ became the dominant world money. And its prospect gave the latest financial war vs. Russia. 👇 There is...

NAR’s latest study on housing wealth effect in 2010-2020: Housing prices increased on average 8.3% in the last 10 years, Almost doubles...

🏡 Sales momentum began to slow US: Jan sales volume of existing home -2.3% Y/Y. Canada: Jan sales volume -10.7% Y/Y. Some buyers have...

🇨🇦 PBO's House Price Assessment based on Borrowing Capacity Source: House Price Assessment: A Borrowing Capacity Perspective

🏡 The Fed Exuberance Index for Canada comes down. This real estate index measures how far the price growth is from fundamentals. A...

🔟 Ten signs That we are at the endgame of the pandemic. Even though not all of them are welcomed. Gas prices spiked. Traffic on highways...