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Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973…

April 23, 2019

Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973… The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of war, and Democrats are trying to find a way to […]

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“Ghastly” Vancouver Home Sales Crash By 33%, Lowest Since 1985

March 7, 2019

“Ghastly” Vancouver Home Sales Crash By 33%, Lowest Since 1985 On Monday, the Real Estate Board of Greater Vancouver reported February results that could be classified as ghastly, with residential home sales plummeting 32.8% year-over-year to 1,484 units. That’s the lowest February sales total since 1985 and 42.5% below the 10-year average.  Prices have also broken […]

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Mortgage Stress Test Blamed For 25% Collapse In British Columbia Home Sales

January 20, 2019

Mortgage Stress Test Blamed For 25% Collapse In British Columbia Home Sales Home sales in British Columbia, Canada’s westernmost province, collapsed in 2018 is mostly correlated to the mortgage stress test that started in January 2018, which decreased buyers’ purchasing power. The B.C. Real Estate Association (BCREA) reported Tuesday that a total of 78,345 homes were sold on B.C.’s […]

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3 Things That Happened Just Before The Crisis Of 2008 That Are Happening Again Right Now

November 30, 2018

3 Things That Happened Just Before The Crisis Of 2008 That Are Happening Again Right Now Real estate, oil and the employment numbers are all telling us the same thing, and that is really bad news for the U.S. economy.  It really does appear that economic activity is starting to slow down significantly, but just […]

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11 Signs That The U.S. Economy Is Starting To Slow Down Dramatically

November 14, 2018

11 Signs That The U.S. Economy Is Starting To Slow Down Dramatically The pace at which things are changing is shocking the experts.  Just a few months ago, many of the experts were still talking about how the U.S. economy was “booming”, but since then a major shift has taken place.  Most of the headlines […]

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New Vehicle Sales “Collapse” And Pending Home Sales “Plunge” As America’s Economic Slowdown Accelerates

September 28, 2018

New Vehicle Sales “Collapse” And Pending Home Sales “Plunge” As America’s Economic Slowdown Accelerates In late 2018, the bad economic news just keeps rolling in.  At a time when consumer confidence is absolutely soaring, the underlying economic numbers are clearly telling us that enormous problems are right around the corner.  Of course this is usually […]

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Canadian Home Sales Crash In June

July 17, 2017

Canadian Home Sales Crash In June The Canadian Real Estate Association says home sales in June posted their largest monthly drop since 2010, with the Greater Toronto market leading the decline. This is the third monthly decline in a row… Under the covers, it’s Toronto that is suffering the most… Toronto existing home sales drop […]

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The Worse Things Get For You, The Better They Get For Wall Street

October 27, 2015

The Worse Things Get For You, The Better They Get For Wall Street On October 2 the BLS reported absolutely atrocious employment data, with virtually no job growth other than the phantom jobs added by the fantastically wrong Birth/Death adjustment for all those new businesses springing up around the country. The MSM couldn’t even spin […]

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