Category Archives: 8.5%
Canadian Housing Affordability Hits 27 Year Low
Authored by Steve Saretsky via VanCityCondoGuide.com, Nothing says Merry Christmas like a 27 year low for Canadian housing affordability. That’s right, real estate across Canada has not been this un affordable since the year 1990 per RBC. Spoiler alert house prices tumbled shortly thereafter. RBC Bank released their updated Q3 numbers for housing affordability. To […]
Frustrated Investors File Lawsuits Against World’s Largest ICO
Here's the latest sign that the massively fraudulent ICO market is headed for a collapse. Tezos’s investors are still waiting to learn when they can expect to receive the digital tokens that they paid a premium for during the company’s record-setting crowdsale. But as reports of abuse, internal strife and outright embezzlement have surfaced in […]
Uh-Oh…Draghi’s Ammunition To Buy Italian Bonds Before The Election Is Less Than We Thought
Having successfully pulled off the announcement of the ECB’s “dovish taper” – where monthly bond purchases will be halved to Euro 30 billion from January 2018 – last month, a challenge for Mario Draghi in Q1 2018 has appeared on his radar. The ECB’s bond buying ammunition is slightly less than analysts thought and there […]
Bitcoin Spikes Back To $6000: Five Reasons Why It’s Not A Bubble
Bitcoin is surging once again this morning, up over 8.5% to retest $6000 once again (after dropping to $5366 just 2 days ago), but according to Nasdaq, "Bitcoin is not a bubble," citing five reasons demonstrating why it's nothing like Tulip Mania… Via Nasdaq's Alex Lielacher, The digital currency bitcoin rallied by over 300 percent […]
Bank of America: “This Is The Most Consensus Trade In The World”
One week ago, BofA chief investment strategist Michael Hartnett laid out his reasoning for why a market correction is imminent: Global stock market cap up a massive $18.5tn (= US GDP) since Feb’16 lows 3P’s (Positioning, Profits, Policy) thus closer to peak than trough: BofAML Bull & Bear Indicator was 0 in Feb’16, now 6.9; […]
“Investing Is Not A Competition… It’s A Game Of Long-Term Survival”
Authored by Lance Roberts via RealInvestmentAdvice.com, Melt-Up Gains Traction Back in November, just following the election of President Trump, I wrote about the market entering into potentially the final “melt-up” phase of the cyclical bull market. However, while economic and fundamental realities HAVE NOT changed since the election, markets are pricing in expected impacts of changes […]