Market Mania ๐Ÿดโ€โ˜ ๏ธ

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Market Mania ๐Ÿดโ€โ˜ ๏ธ

๐ŸšจBREAKING:

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 didnโ€™t.

Now Canadians may pay the price.

5 days ago | [YT] | 327

Market Mania ๐Ÿดโ€โ˜ ๏ธ

๐Ÿšจ $8,000,000 chasing the market DOWN in one of Torontoโ€™s 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 ๐Ÿคฎ

5 days ago | [YT] | 63

Market Mania ๐Ÿดโ€โ˜ ๏ธ

Blacklisted. ๐Ÿšจ 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? ๐Ÿ“‰๐Ÿ‡จ๐Ÿ‡ฆ

1 week ago | [YT] | 171

Market Mania ๐Ÿดโ€โ˜ ๏ธ

"Best affordability in a decade"? ๐Ÿคก

Wages are cliff-diving (see chart) while inflation heats back up.

Thereโ€™s a word for this toxic macro setup: STAGFLATION.

1 week ago | [YT] | 209

Market Mania ๐Ÿดโ€โ˜ ๏ธ

Do you think the Bank of Canada has inflation under control?

1 week ago | [YT] | 205

Market Mania ๐Ÿดโ€โ˜ ๏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? ๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿ‘‡

1 week ago | [YT] | 114

Market Mania ๐Ÿดโ€โ˜ ๏ธ

The Bank of Canada wonโ€™t 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 itโ€”and is now pricing in HIGHER inflation.

1 week ago | [YT] | 167

Market Mania ๐Ÿดโ€โ˜ ๏ธ

More Canadians are quietly slipping into "overdraft land." ๐Ÿ“‰

$17K in CC debt and living in the negative just to keep the lights on.

Itโ€™s not everyone, but the edge is getting closer for a lot of people. ๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿšจ

2 weeks ago | [YT] | 180

Market Mania ๐Ÿดโ€โ˜ ๏ธ

The illusion of choice perfectly explains Canada's grocery oligopoly

Wholesale cost increases are passed on to the consumer immediately ๐Ÿ“ˆ

Retail savings remain an absolute myth. ๐Ÿ›’๐Ÿ‡จ๐Ÿ‡ฆ

2 weeks ago | [YT] | 301

Market Mania ๐Ÿดโ€โ˜ ๏ธ

What a brilliant time to start a trade war and tax everyone more! ๐Ÿคก

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