Sabitlenmiş Tweet
Hilliard MacBeth
47.8K posts
Hilliard MacBeth
@hmacbe
When the Bubble Bursts: Surviving the Canadian Real Estate Crash 2nd Ed- June 2018; ski, golf - 46 years as investment professional
Edmonton Katılım Eylül 2011
8K Takip Edilen13.1K Takipçiler
almost every headline about Canada's technical recession reads like it just started. but a recession is only recognized after 2 quarters of negative growth. this one is very mild, but it started at least 6 months ago, possibly longer,depending on subsequent revisions.
English
@PHfloor Canada did the opposite, relaxed the rules to allow zero down payment and 40 year amortization on the mortgage. banks were given massive liquidity.
it's in the book.
English
In case anyone still doubts that the bursting of Canada´s housing bubble still has a long way to go, our friends at Corpay put out this graph comparing Canada and the US. the normalization of house prices to incomes will take a few more years, and it´s been 4 years so far.
English
@KobeissiLetter I think you'll find that the reconstruction fund will came with some strong strings attached.
English
BREAKING: The proposed US-Iran peace deal includes a $300 billion reconstruction fund for Iran, per NYT.
The program is being called an international "investment fund," which the US would facilitate in the final deal.
This comes as Iran demands "reparations" to end the war.
English
ignore Switzerland, there's a special tax break that means wealthy people all have mortgages even when they don't need one. So, Canada is #1.
Martin Pelletier@MPelletierCIO
To my American followers, this chart will shock you.
English
Cda is in recession now, StatsCan calls it a "technical recession".
The blame will be put on US/Canada trade but policies that encouraged a massive housing bubble based on loose lending rules, money laundering and immigration should be at the top of the list.
English
The breaking news that Canada is in recession, which means has been in a GDP recession for six months, wasn't due to residential construction. Those numbers are still strong (see below), so the precipitous drop that is coming in that sector has yet to hit GDP.
English
The $4 trillion test coming to the stock market bit.ly/4tZwaN3 #whenthebubblebursts
English
The stock market is about to face a $4 trillion test it has never seen before.
Three companies — SpaceX, OpenAI, and Anthropic — are preparing to go public in the coming months, together seeking roughly $4 trillion in new capital from investors. To put that in perspective, the total of all U.S. IPOs from 1980 to 2025, adjusted for inflation, was about $12.5 trillion. These three deals alone represent nearly a third of that half-century total.
This is happening at a time in the market that many believe is in bubble territory — larger than the dotcom boom of 2000 and arguably rivalling the peak of 1929 that preceded the Great Depression. Yet the S&P 500 keeps reaching new record highs, and every previous stress test has been passed with ease.
What makes this moment stranger still is what didn't happen on the way up. In past bubbles — especially 1999-2000 — companies raced to sell stock into a rising market. This time, companies have been buying back more shares than they issued. The IPO pipeline has been almost dry. Until now.
Retail investors who think they can sit this out may be surprised. ETFs tracking major indexes will be forced to buy these newly public companies automatically — and in very large amounts.... *links in replies* #whenthebubblebursts
English
call it what it really is, a Trump kickback scheme.
Richard Field@tyillc
Wait for it ... wait for it ... Trump family appears to be looking for a real estate "investment" in Iran ...
English
As Cda has been in recession with 2 quarters of GDP declining most banks lowered their provisions for credit losses!
provisions or PCLs are up to management judgement based on forecasts from internal models. maybe get better forecasters?
English
would have been better to start lower and raise the target as the road show continued
Wall St Engine@wallstengine
SPACEX CUTS IPO VALUATION TARGET TO AT LEAST $1.8T Bloomberg reports $SPCX is now targeting a valuation of at least $1.8T, down from earlier expectations above $2T. The company is still seeking to raise up to $75B. That would make it the largest IPO ever. SpaceX is expected to start formal marketing as soon as June 4 and price as early as June 11. Expected listing: Nasdaq
English
Hilliard MacBeth retweetledi
Xiaomi says it has now delivered more than 655,000 EVs in just 24 months
The company also confirmed that it is preparing to officially launch its EV business in Europe starting next year.
In a new X post, Xiaomi highlighted its growing European R&D and Design Center while emphasizing that “the real magic isn't just the sales numbers, but the core capabilities we are building.”
Our report on EVwire: evwire.com/p/xiaomi-annou…
English
I was wondering why the Republican party was ok with President Trump's actions and this might explain it.
GOP Ls@GOP__Ls
🚨 Republican Party Chairman Kelly Giles has pleaded guilty to attempted election fraud.
English
There are no cuts coming soon and rate hikes are a possibility.
The Kobeissi Letter@KobeissiLetter
BREAKING: April PCE inflation, the Fed's preferred inflation measure, rises to 3.8%, the highest since May 2023. Core PCE inflation rises to 3.3%, the highest since October 2023. The Fed's top inflation metric is nearly double their target. Inflation is back in full-swing.
English
@TSLAFanMtl Japan is waiting for sales of the Toyota Mirai to take off. any day now. hydrogen for the win!
English
This is because China has embraced electric vehicles, while Japan has not.
The Kobeissi Letter@KobeissiLetter
China is overtaking Japan as the new powerhouse of the global auto industry: Chinese automakers now account for a record ~28% of global auto sales. This percentage has more than DOUBLED since 2019. Over the same period, Japan’s proportion has declined -7 percentage points, to ~25%, the lowest in at least 10 years. As a result, China has officially become the world's leader in auto sales. By 2035, Chinese automakers are expected to account for ~34% of global sales, while Japan's proportion is projected to fall further, to ~22%. China is taking control of the global car market.
English