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!
Relax, it's just a mid-cycle expansion
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The market adopted a risk-off tone when headline Q1 GDP came in lower than
expected at 1.6%, compared to an expected 2.5%. More importantly, core PCE
rose ...
17 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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