Tag: investing
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Uno reverse
In the world of finance, there is almost nothing more complicated than how banking actually works. From a very cursory view it is as simple as “borrow short, lend long”, meaning a bank takes money in on a deposit – say a bank account at almost 0% interest, and turns around and lends it out…
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Spicy!!!
While the past 48 hours has pretty much brought out the absolute worst on both sides of the 49th parallel, and it seems that emotions are running high, hot and spicy, let’s spend some time on what it means. I am not going to get into a back and forth on tariffs – there is…
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DeepSeek Causes Deep Shit
What a way to start a week off!!! Wowsers, is it about to get interesting. After all the crap yesterday between the US and Columbia, I thought it would be pretty hard to top all of that – but that took a back seat to the overnight announcement from China. Let’s take a Deep Dive…
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Levers, Knobs, and Switches
Over the past decade or so, specifically in the last 5 years, our industry has seen some pretty good times. Never in any of our career days did we have a mortgage broker come into a classroom that said they make as much – if not more than a general surgeon, and do it while…
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Liars And Thieves
Happy Sunday everyone. It is a good thing that bullshit isn’t taxable, because there would be a lot of groups with a very large tax bill. There is a misunderstanding in the insurance world. People think that their policy is with State Farm, so State farm is the one who foots the bill. My insurance…
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Form Here to There and Back Again
Predictions have always been a fools game, but a game none the less that I like to play. With that in mind, below are my predictions on what I think 2025 has in store. Some of these are housing related, but most are basic economic predictions – but since so much of Canada’s economy is…
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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…
Ryan Sims insights, thoughts, and analysis 