Category: Uncategorized
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What’s The Plan Stan?
As we all know by now, the government of Canada promised to build millions and millions of homes in the 2024 budget. Millions and millions and millions of homes they say. Of course, it was a politicians promise, so let’s see if it actually happens. They didn’t provide us with any details, or particulars, or…
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Make it Make Sense
Yesterday saw the release of US GDP for Q1, and it came in well below expectations. Even though GDP came in at 1.6% growth – well below the expectations for 2.6% , bonds yields surged. It may seem odd that after GDP missing expectations to the downside we see bond yields shoot up, right? I…
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Can Tax Kill you?
With the rollout of the higher capital gains tax coming coast to coast, I have witnessed a backlash like none I have really ever seen. Normally when we see a policy change, tax change, etc. the verdict is pretty split down the middle with about half of the population in support, and half not loving…
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Fear and Greed
There is really only 2 things that drive markets – any type of market, and that is fear and greed. The great Warren Buffett also has a saying about these 2 items – be fearful when others are greedy, and be greedy when others are fearful. Real estate has certainly seen its fair dose of…
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Capital, with a Capital C
Way back when we were in grade school the word capital came up a lot. In English class we were taught to make the first letter of a sentence a capital. In Geography we were taught the capital cities of Provinces and States. However, school certainly fell down in teaching all of us about just…
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Math is hard, Budgeting is Harder
Another Budget announcement has come and gone, and once again, the pesky budget has still not balanced itself. Of course, no one really expected anything close to balance, or spending restraint – after all, that wouldn’t get the votes. However, the budget also wasn’t as bad as feared by many. The big news of course,…
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Flip, Flop, and F*cked
Well there we have it. Probably the big news for the year was just released. And no, this has nothing to do with a budget. After insisting, up until 2 weeks ago that the Fed would cut rates at least 3 times this year, Jerome Powell has flipped…..or flopped, or whatever you want to call…
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If It Ain’t Broke
Where I grew up, it was common to hear someone remark ” If it ain’t broke – don’t fix it”. Great point, but I often wondered all of these years – what if it is broke? No one ever seemed to have an answer for that. No matter what your profession, your beliefs, you political…
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A Different Lens
This morning around 11:00 am my phone just started blowing up. And it didn’t stop. What the hell could be so important I wondered? Was Publishers CLearing House trying to get a hold of me to let me know I won 100 Million dollars? Sadly, that was not the case. Of course as most of…
Ryan Sims insights, thoughts, and analysis 