David Larock

Today's post offers my take on the Bank of Canada's decision to hold its policy rate steady last week: shorturl.at/vgAfI #davethemortgagebroker #mortagerates #mortgageadvice #mortgagerateforecast #BankofCanada

@Reil76 💯

Watching Carney and Poilievre go at it in Parliament is starting to feel uncomfortable. Not in a dramatic way, just in the way it feels when someone is clearly out of their depth and keeps pressing anyway. Carney knows the file. When he answers, he answers the actual question. He doesn’t need to perform outrage or repeat a catchphrase three times and call it a rebuttal. He just explains things, clearly, because he understands them. Poilievre comes in loud and confident, same as always, and that works great on a campaign trail or a Facebook video. But in a room where the other guy actually knows what he’s talking about? The gap shows. Every time. The frustrating part isn’t even the politics. It’s watching someone confuse intensity for competence and expect nobody to notice the difference. People notice. This stopped being a left vs right thing a while ago. Now it just looks like one guy who did the reading and one guy who thinks he doesn’t have to.

@Dearme2_ Lacking self doubt.

What's a sign of a very low intelligence?

@3YearLetterman ... and that says more about you than Great Britain. 😉

I literally cannot name one thing that Great Britain does better than America

@heavensbvnny Task completion.

What are great sources of dopamine that don't involve eating, drinking, inhaling or injecting anything. Note: please don't say exercise .🫠

@DegenApeDev Nope.

As a Canadian, Would you trade your citizenship for 1 million dollars?

@bluewmist Exercise.

To all men who survived rock bottom, what’s one piece of advice would you give a man who feels like giving up right now

Today's post explains why I expect the Bank of Canada to hold its policy rate steady this week while highlighting downside risks: shorturl.at/JhWUt #davethemortgagebroker #mortgagerates #mortgageadvice #mortgagerateforecast #BankofCanada

@jengerson @SpencerFernando 💯

This is something I'm struggling to articulate and would welcome feedback. It builds on @SpencerFernando's point below. One of the problems here is not just that the Trump admin is insulting toward Canada. I mean, really, who cares if they insult us? Trump insults everybody. It would speak poorly of us if he weren't insulting us. We're a hockey nation. We can take a hit. And some of Trump's complaints are fair, even if the way he expresses them are non-normative and offside. That's not the problem. The problem is that the Trump team is not fighting clean. In an ordinary fight, one side takes a shot, another retaliates; both sides escalate to the point where either one team "wins" -- or everybody decides the fight is dumb. Either way, the Festivus pole is erected, grievances and irritations are aired. Shots are shot. But after a while, everyone calms down, and a new equilibrium or deal or whatever can be reached. End it with a beer. We're all friends again. There's resolution. There are always going to be disagreements, especially between individuals (or nations) that are so closely inter-connected. People fight! That's fine. We've survived that kind of conflict. But with Team Trump, that's not how it feels. They take a shot. We retaliate....and then they act like the victim of our retaliation, as if they have no self-awareness, agency or role in the dynamic they are facilitating. The most powerful nation on earth, and they're constantly speaking in passive voice, as if they are put upon by the consequences of their own actions. Conflict therefore can never be fully resolved. It festers into a state of mutual contempt; on the Trump side: "how dare the inferior nation offend us? Who do these parasitic supplicants think they are?" which implicitly demands a level of submission Canadians won't accept. By comparison, on the Canadian side the sentiment is: "What goddamn thin-skinned crybabies. If you want to throw a punch, throw a punch. But own it." And there's just nowhere to go with that dynamic. The conflict calcifies into into something far more serious than the underlying disagreements that provoked the fight in the first place. There's no way for the emotions to work their way through, resolve, or repair. Personally, it's the gaslighting that bothers me far more than the initial shot. Thoughts?

Today's post offers my take on what Canadian mortgage rates might look like when the US/Iran war ends: shorturl.at/eoA8r #davethemortgagebroker #mortgagerates #mortgageadvice #mortgagerateforecast #BankofCanada

@cbcwatcher Does Mr. Lutnick know that China buys commodities and also that Canada sells them?

"Canadian Prime Minister Mark “Carney has a problem with us; he gets on a plane and he goes to China,” Lutnick continued. “Does he think China’s… going to buy his stuff? China is an entirely export-driven economy. So what did he do? He came back and said, ‘Oh, we’ll take their electric cars.’ I mean, is this nuts?”"

@GamewithDave Utopia (Intelevision)

For anyone who used a computer between 1990 & 2005… what’s the one game you still think about?

This Thursday at noon I’ll be joining John Pasalis and his team at Realosophy Realty for a monthly update on the Toronto real-estate and all of the mortgage-related news that is fit to print: youtube.com/live/FrcCbMEeB… Bring your eyeballs and your questions!

@MarioNawfal The guy he's bringing back to life kind of looks like Epstein.

🇺🇸 Trump posted an AI image of himself as Jesus Christ. Then deleted it. Then said it was a doctor. Then Vance said it was just a joke. Three explanations in 24 hours for a post that no longer exists. Might go down as the strangest thing he's ever posted, and we'll probably never know what he actually meant by it...

Today's post offers my take on how tug of war between trade uncertainty and the energy shock will play out: shorturl.at/gyt1n #davethemortgagebroker #mortgagerates #mortgageadvice #mortgagerateforecast #BankofCanada

@DarkLordSlush @MysterySolvents Bravo.

@MysterySolvents I fixed it

How would you describe Trump’s arch?

Love the comment section.

You know what would be amazing if Vance and his team can negotiate an agreement where Iran doesn't enrich above 3.67% (far below weapons grade); gets rid of 98% of its stockpile of enriched uranium; has weekly inspections by the IAEA; keeps the straits open without charging anyone; and commits to all of this for at least ten years. Oh, yeah, that was the Obama Iran deal.

@Matt_Pinner Kangaroo

Name a famous captain

Sound on.. 😂