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Email this8:04 am
March 15, 2019
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Are we already in a recession or heading for one?
Stock markets are still high.
A rather ordinary semi in Toronto sold for $3mm.
General Motors cutting hundreds of jobs.
Trump tariffs.
10:31 am
September 7, 2018
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COIN said
Are we already in a recession or heading for one?Stock markets are still high.
A rather ordinary semi in Toronto sold for $3mm.
General Motors cutting hundreds of jobs.
Trump tariffs.
Canada has had sluggish economic growth for a long time - let's see how the "new govt" delivers on its promises to get things moving. Will the new PM get Trump to drop tariffs? Not holding my breath. I am not so sure that the stock markets are "still high". They took a big hit when Trump announced the tariffs, but they do seem to have climbed back quietly through April. As we know, stock markets are forward looking/future oriented. With interest rates on the decline, investors are likely moving funds from GICs and bonds now paying at +/- 3% levels to the stock market.
7:18 am
March 15, 2019
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But GM is cutting hundreds of jobs. The "canary in the coal mine"?
"Canary in a Coal Mine. When we say something is a canary in a coal mine, it means it is an early warning of danger. Not surprisingly, the origin of the expression is literal – canaries were historically used to test for carbon monoxide and other toxic gasses in underground mines"
2:50 pm
October 27, 2013
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Even if there is, or will be, a recession in Canada, it really matters materially only to those who might have a specific risk related to it, e.g. job loss, or buying a home 'high'.
If it is a matter of stock or bond investing, or investment real estate, it should make no difference for longer term horizons (>5 years)
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