As expected, the Bank of Canada (BoC) cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75%, the lowest since September 2022.

Extremes have a way of cutting both ways; it’s called mean-reversion. Nothing moves in straight lines, but the spectacular ...

New Zealand is in a recession, and home values are more than 17 percent lower than the post-COVID peak. In Ireland, a massive house price surge and crash in the 2000s saw house prices in Dublin more ...

Andrew Chang explains how interdependent the Canadian and U.S. auto industries are, and the widespread impacts of severing a 70-year partnership.

Delinquencies and motivated property sellers are rising sharply in America, too. While U.S. new home completions rose 10% ...

Tariffs and government spending cuts will weigh heavily; it seems that’s by design.

https://jugglingdynamite.com/2025/03/06/hoisington-q4-2024-review-and-outlook/ Hoisington Q4 2024 Review and Outlook Well before the rising layoffs and economic disruptions in the first quarter of ...

China followed Japan’s bubble-boosting playbook from the 1980s, and Canada followed China along for the ride through levered capital flows into commodities and our real estate market. The bust part is ...

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 ...