Tag: economy
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Here a Job, There a Job, Everywhere a Job Job
The US Employment report came out this morning, and traders are still trying to extinguish the flames from the rocket. While expectations had been somewhat muted, the employment report showed a 353,000 increase in employment – far exceeding expectations. Once we see the breakdowns, revisions, etc. we will have more clarity as to how truly good…
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Sustainability
When I was growing up in rural Ontario, I always heard the local farmers talk about sustainability. They were talking about the simple things like treating your farm well, using as little pesticides as possible, and ensuring that the next generation of farmers had great land that they could use to feed an ever growing world…
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Double D’s
Today I want to look at the double D’s……Data Dependency. Data dependency is something that has become the mantra of central banks, and I think it is important for us to really look at what it means. Now, I am old enough to remember when data was data, and it was released ,and the market traded…
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Konnichiwa
On Feb 02 of 1990 The Japanese Nikkei stock market hit an all time high of 35,049. Why would anyone in the mortgage world care? Japan in the 1980’s was on fire. Stocks were on fire, real estate was on fire, and Japan was taking over the world. A lot of the top 10 businesses in the world…
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Working Off the Bezzle
To most of you, the term ‘ bezzle’ is a word you have probably not heard of. If you have heard of it, you may think I am referring to a part of a watch called the bezzle, but I assure you I have little interest in keeping time. Bezzle is a very interesting concept, and…
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Potpourri
What a better way to start off 2024 than some random fire points that truly complement my ADD? While the world celebrated the turning of the calendar, a lot has been going on. Ahoy Mate!! As I mentioned in a post a little over a week ago, pirates are back at it. 4 Houthi rebel boats attempted…
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History
As we wrap up the last day of 2023, and a year most of us would like to forget, it seems fitting that we take a look back. Something about this time of year always makes us look over the year that was, and vow that next year will be our year. Of course, for most of…
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It Was The Best Of Times, It Was The Worst Of Times
Charles Dickens wrote that line in the book A Tale of Two Cities. I am sure at the time, he had no intention of the saying being used to describe the Canadian economy, but here we are. As we head into 2024, a lot of people have been reaching out and asking me what I think…