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!
Waiting for the gap fill
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*Mid-week market update:* The decline in the S&P 500 seems to have been
arrested at its 20 dma (blue line). The next question is which price gap
gets fille...
23 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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