Tag: finance
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Blow It All Up
I thought it would be really hard to top Monday’s Parliamentary shit show, but it looks like I was wrong. Today at 2:00 pm the US Federal Reserve met, and boy oh boy, did shit get real – real fast. As part of the Fed meetings, the minutes are released along with the statement, and…
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1994
It was 30 years ago, 1994. 30 years seems like a long time, doesn’t it? Pre internet mass adoption, pre cell phone, and pre apps. Some might think I made a typo and meant to type 1984, but it is 1994 I really want to point out. It should come as no surprise that Canada…
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Fri Yay
Tomorrow is probably the most important day – central bank wise at least for the remainder of 2025. Tomorrow morning we will get some employment reports out of Canada and the US that will likely help determine where overnight rates go at the next meeting for the BOC and The Fed. I bet we see…
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Feeling the Vibe
It seems that every day I learn something new. This past week I learned that the economy doesn’t actually suck, it is just that Canadians got the Vibe wrong. I am not exactly shocked at this, since the current party seems to have a different take on finance, but to tell Canadians that they just…
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Piling On
The Canadian economy hasn’t really had much to cheer about lately, and it has left a lot of people wondering: Can It possibly get any worse? Well, about an hour ago, DJT confirmed that it can indeed get worse. About 60 minutes ago Trump announced that one of his first executive orders will be to…
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Round Up
Lots going on in the mortgage finance world this week. Let’s take a brief look at some things that fall off the beaten path. How Stressful: Today was supposed to be the day that OFSI removed the stress test from switches at maturity. Of course, in true government department fashion, no clear rules have been…
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How Odd??
It seems the older I get the more odd things become. Today was a day that saw Ukraine launch US weapons over into Russia that amped up the geo political risk. Normally on a day like this we would see the US Dollar rocket ( no pun intended ) higher. But, alas, we saw the…
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How the Turntables….
As Michael Scott said in the show The Office ” Well, well, how the turntables…….have turned”. For the last 6 months I have watched people hammer away at the BLS and the US employment reports and the revisions. I have watched as people claim that interest rates should be lower than they are based on…
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Wrong Way Charlie
It seems these days that everything is going the wrong way. Bond yields up, currency down, and a whole host of other things that are working against us. After last weeks bout of volatility surrounding the US election, we all hoped that things might settle down. Were we ever wrong. What started last week continues…
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A game of Twister
Remember the old classic game of twister? Red hand blue, left foot red? A game that a lot of kids spent their childhood playing seems to have faded away. Even though a lot of things come back – like baseball cards, and pogs, the game of Twister has faded off. Sure, you can still find…
Ryan Sims insights, thoughts, and analysis 