Canadian real estate has entered the second leg of its correction. Prices are down 21.6% from the peak, have fallen for seven straight months, and have just hit a 5-year low.

“December alone accounted for nearly 20% of the entire annual decline. At the same time, sales remain below 2019 levels despite population growth, while new listings are near multi-year highs even in December. That combination usually means prices haven’t finished …

READ MORE

5-year CPI swaps are about to break loose.

So, inflation hasn't returned to target when policy is "restrictive", but cutting rates will bring it back to target. Explains why 5-year CPI swaps are about to break loose. pic.twitter.com/a0UrLFVwhz — Michael J. Kramer (@MichaelMOTTCM) July 16, 2025 We elect …

READ MORE

Chinese Equities Plummet to 5-Year Low Amid Growing Doubts About Decades of Economic Growth

https://twitter.com/WinfieldSmart/status/1736936139418661091 Chinese equities hit 5-year low as doubts grow about decades of stunning growth. Post-COVID recovery disappoints, challenging Beijing to choose between more debt or slower growth in 2024 and beyond. Contrary to expectations, consumers save, foreign investment declines, factories …

READ MORE