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Title: Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate
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Yes, I agree. Things are weird.
Bond yields continued their ascent today. Benchmark 10- and 30-year US debt has raced ahead despite Treasury Secretary Scott (‘Yappy dog’) Bessant attempts to halt them. The bond guys don’t care.
They see $100 oil again. They see inflation. They see producer prices rising. They see tariffs and a costly trade war. They see ...
From time to time this pathetic blog has sought to remind you that buying real estate is emotional. Not rational. At least in the big metro areas.
If building wealth and being financially secure, free and independent are your goals, rent. If you want your MIL to love you more and you believe babies need back yards, buy. Just don’t try to cover up the mistake by...
As the sun rose over a war-torn Canada the loonie gained in value, adding a quarter cent. Oil prices spiked another 2%. Bay Street dipped, but only half the amount that Wall Street was shedding.
In short, we were still standing. Despite 50% tariffs. Regardless of the American president’s latest (illegal) threat to ban Canadian-made planes, and vow to upend the ...
Everything gets more serious after Labour Day, of course. This time it could be a doozie.
Our retaliatory tariffs come into play at midnight. Dollar-for-dollar against the evil Americans. Many are targeted at red states, as we become the only nation on earth to stand up to Donald Trump’s bullying in such a way. Is it courage? Or suicide?
Past presidents ...
So, chows are picky eaters. They have delicate tummies. They get bugs. They’re stubborn and largely untrainable. Lousy walkers. They have no discernible skills, other than attracting women. (“Can I hug your dog?”) Which is apparently sufficient.
Anyway, that’s Cody. Since adopting him, there have been issues with what goes in one end and comes out the other. To...