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Market Mania ๐ดโโ ๏ธ
๐จBREAKING:
Markets are now pricing in 4 Bank of Canada rate hikes over the next year, taking the overnight rate to 3.25%.
The odds of an October hike have surged to 40%.
The BoC waited. Inflation didnโt.
Now Canadians may pay the price.
5 days ago | [YT] | 327
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Market Mania ๐ดโโ ๏ธ
๐จ $8,000,000 chasing the market DOWN in one of Torontoโs most elite neighborhoods.
Listed for $28M in 2022. Now $20M.
4 YEARS of denial and still one step behind the market.
$84,051/year in property taxes ๐คฎ
5 days ago | [YT] | 63
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Market Mania ๐ดโโ ๏ธ
Blacklisted. ๐จ Bank refuses to renew after catching COVID-era mortgage fraud (fake income docs).
Underwater. Zero savings. Ticking time bomb.
How many others are in this exact same boat right now? ๐๐จ๐ฆ
1 week ago | [YT] | 171
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Market Mania ๐ดโโ ๏ธ
"Best affordability in a decade"? ๐คก
Wages are cliff-diving (see chart) while inflation heats back up.
Thereโs a word for this toxic macro setup: STAGFLATION.
1 week ago | [YT] | 209
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Market Mania ๐ดโโ ๏ธ
Do you think the Bank of Canada has inflation under control?
1 week ago | [YT] | 205
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Market Mania ๐ดโโ ๏ธ
Canadians are betting AGAINST the banks.
The banks are positioning for higher inflation and higher rates.
Canadians are increasingly choosing variable mortgages, betting rates stay lower.
One side will be wrong.
Who wins โ the banks or Canadian borrowers? ๐จ๐ฆ๐
1 week ago | [YT] | 114
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Market Mania ๐ดโโ ๏ธ
The Bank of Canada wonโt stop talking about its 2% inflation target.
Meanwhile, inflation is 3%, and core inflation was already running hot BEFORE the Middle East conflict.
The CB is losing credibility.
And the market knows itโand is now pricing in HIGHER inflation.
1 week ago | [YT] | 167
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Market Mania ๐ดโโ ๏ธ
More Canadians are quietly slipping into "overdraft land." ๐
$17K in CC debt and living in the negative just to keep the lights on.
Itโs not everyone, but the edge is getting closer for a lot of people. ๐จ๐ฆ๐จ
2 weeks ago | [YT] | 180
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Market Mania ๐ดโโ ๏ธ
The illusion of choice perfectly explains Canada's grocery oligopoly
Wholesale cost increases are passed on to the consumer immediately ๐
Retail savings remain an absolute myth. ๐๐จ๐ฆ
2 weeks ago | [YT] | 301
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Market Mania ๐ดโโ ๏ธ
What a brilliant time to start a trade war and tax everyone more! ๐คก
Consumers are already drowning in record debt and missing payments.
Obviously, the perfect solution is to make everything they buy even more expensive.
2 weeks ago | [YT] | 387
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