Tag Archives: economics

Scotia on the ‘Tapped out’ consumer; TD on Ontario’s debt problems

The ‘tapped out’ consumer Scotia economics has reiterated a call that I’ve been sticking to all year:  The Bank of Canada will be highly hesitant to raise rates later this year…..if at all.  But for the housing bulls who frequent … Continue reading

Posted in Economy | Tagged , , , , , , , , , , , , | 17 Comments

Scotia calculates the risk of sharp housing correction is ‘low’; Gaping holes in their logic

I want to spend a bit more time looking at the Scotia Economics report on Canadian real estate trends released yesterday.  The report can be found here. In particular I want to zone in on page 4 which has as … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , , , , , | 23 Comments

Canada: A nation of marshmallow eaters?

Anyone who frequents this blog knows that I love exploring consumer psychology, group think, and how they change over time.  We know that in order for an asset class to deviate markedly from its long-term measures of fundamental value and … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , | 21 Comments