May as well collect up your marbles and go home.
Scotiabank has declared it a soft landing. So nothing to worry about. No reckless lending went on, no big losses for the big 5 and the CMHC won't bankrupt us all.
Phew that's a relief!
A V-shaped rebound, or dead cat bounce?
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*Mid-week market update*: I presented this chart on the weekend and
rhetorically asked if the inevitable market bounce would be durable. Since
then, the S&...
15 hours ago
I was almost worried. Thanks for the heads up!
ReplyDeleteOk so sales fall but prices are stable for now. But won't housing starts fall? What about the unprecedented percentage of people employed in the construction and real estate sectors? Scotia isn't looking beyond the end of its nose.
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