CompoundQuest ⏰ 》💵

Caleb Hammer reveals his biggest money mistake was buying rental properties instead of investing in the market “I made decent money, but I would have made so much more money by just being in the market instead of focusing on that. My rental properties back in my home state, I am fully exiting them and just putting the money in the market.”

Remarkable shift in Germany's fiscal trajectory.

S&P 500 at the start of the year: 5,881 Now: 5,811 10 year treasury yield at the start of the year: 4.6% Now: 4.5% Boring year

Hedge funds now absorb approx 40% of Canadian government debt issuance. If non-bank investors stop buying our debt or demand higher rates, there is significant upside pressure to debt service costs, further eroding Canada's fiscal position. This is a big risk for Canada. The government is addicted to spending and negligently borrowed money short term during covid. From now on a record amount of debt needs to be issued every year. Because these funds often use leverage, we are now much more vulnerable to an external credit event impacting demand for Canadian debt issuance. Buckle up.