Real Estate

Canadian Mortgage Credit Is Seeing Explosive Growth… Again

Posted by BetterDwelling

on Thursday, 5 December 2019 9:48

B-20 what? Never heard of him. Canadians are in a rush to take out mortgage credit once again. Bank of Canada (BoC) data shows a major jump in borrowing. The increase is some of the highest growth for mortgage debt, and is primed to explode even higher.

Canadian Mortgage Debt Grows At The Fastest Rate In Over A Year

Canadian mortgage debt held by institutional lenders made a huge leap. There was $1.61 trillion in mortgage debt outstanding in October, up 0.56% from a month before. That brings the balance outstanding 4.5% higher, when compared to the same month last year. This is both a new record for the dollar amount, and a multi-month high for growth….CLICK for complete article

Bullish on the Canadian Economy? This Stock May Be Your Best Bet

Posted by Andrew Button

on Thursday, 5 December 2019 9:41

2019 has been a good year for the markets, with stocks hitting record highs in both the U.S. and Canada.

Despite mixed economic data, the markets appear to be pricing for future growth.

In the most recent quarter, GDP limped along at just 0.1% year over year, while recent data showed that the economy shed 1,800 jobs last month.

These signals indicate a fairly tepid macro environment, but that doesn’t mean it can’t turn around. In fact, investors as a whole seem to be betting that it will. If you’re one of them, here’s a stock that could be a solid pick….CLICK for complete article

Natural Gas Set To Fall Even Further

Posted by Irina Slav

on Thursday, 5 December 2019 9:37

Slowing gas demand in China is set to pressure international gas prices further, adding to the burden of producers, some of whom already have to deal with excess supply.

Bloomberg quoted a researcher from China’s economic planning authority, who said at a BloombergNEF event in Shanghai that over the next five years, China’s demand for gas will slow down, especially in the liquefied natural gas department. The reasons for the slowdown will be economic: forecasters expect slower GDP growth in the world’s second-largest economy. Not last because of the continued trade war with the United States.

The Power of Siberia launched officially on Monday, with China’s and Russia’s presidents hailing the infrastructure as a cornerstone in bilateral relations. The two have a 30-year contract for gas supplies and these are bound to undermine Chinese LNG demand.

Domestic production will also take a chunk out of that particular gas demand segment as Beijing seeks to reduce its overwhelming reliance on imports. Tariffs on U.S. LNG imports will not help producers either….CLICK for complete article

Never Forget These 10 Investment Rules

Posted by Richard Rosso

on Wednesday, 4 December 2019 9:10

A motive of the financial industry  is to blur the lines between investor and trader. I’m convinced it’s to make investors feel guilty for taking control of their portfolios. After all, Wall Street firms ares the experts with YOUR money.

How dare you question them?

Sell to take profits, sell to minimize losses, purchase an investment that fits into your risk parameters and asset allocations; it’s all enough to brand one as ‘trader’ in the buy & forget circles  that are paid to push the narrative that markets are on a permanent trek higher and bears are mere speed bumps. Wall Street has forgotten the financial crisis. You can’t afford such a luxury.

And, if you’re a reader of RIA, you’re astute enough to know better.

“You’re a trader now?”

Broker at a  big box financial shop.

A planning client called his financial partner to complete two trades. Mind you, the only trades he’s made this year. His request was to sell an investment that hit his loss rule and purchase a stock (after homework completed on riapro.net). His broker was dismayed and asked the question outlined above.

Investors are advised – Be like Warren Buffett and his crew: You know, he’s buy and hold, he never sells! Oh, please. CLICK for complete article

Trade Deal Not Likely Before Christmas 2020

Posted by Fred Dunkley

on Wednesday, 4 December 2019 8:56

So much for that trade war deal for Christmas. It’s not happening, and the DOW has shed nearly 400 points since this morning on that holiday sentiment alone.  By 12:28pm EST, the DOW had shed over 440 points.

Earlier today in London, Trump dropped a trade war bombshell, saying that a deal isn’t like until 2020, and worse–not until after presidential elections, adding that “In some ways I think it’s better to wait for after the election if you want to know the truth”.

That likely means that Trump has been less than forthcoming about the success of negotiations about a trade deal, and publicly aiming for a deal after elections would suggest that it wasn’t a failure, officially, so might resonate less at the polls.

And “after the elections” is a vague notion, and Trump concedes that he has “no deadline”.

The DOW just took a plunge because the markets had already priced in a trade deal after a verbal agreement between China and the U.S. over a month ago.

And it’s not just the China element that’s dragging down the markets…CLICK for complete article