Tag: politics
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Muddy Waters
Just when you think that interest rate policy decisions were going to become easier – they got muddy – and fast. With the bombing of Iran’s nuclear assets in the last 24 hours, a whole host of things are about to change. While probably near the bottom of the list for many folks, it will…
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Let Them Eat Cake
As we sit on the eve of tomorrows rate cut announcement from Uncle Tiff at the BOC, we have a lot to look at. The announcement, for what it is worth will likely be a hold, but there is just so much more going on in the financial world to look at. Uncle Tiff is…
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Cart Before The Horse
Today is likely to be the day that we all look back on. Today we saw the announcement of tariffs from the US to the rest of the world. In what was quite possibly the most haphazard, mismanaged, misunderstood presentation in a long time, we finally know who will have what tariffs. I am pretty…
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Conflict
In todays challenging times, the title of this post could be about many things. Canada – US relations, the war in the Middle East, or even political divisions within Canada. But is really about none of that. Todays conflict I want to look at is one within our industry. I spent the better part of…
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Tariff Tuesday
Happy Tariff Tuesday everyone! It is like taco Tuesday, except that instead of warm delicious tacos we have stupid crazy politicians. It is now official, and tariffs, and counter tariffs are in place. For the average person I really don’t think it will do a whole lot. The one thing that news, media, and even…
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Let It Snow, Let It Snow, Let It Snow
A few years ago, I made the decision to move away from the North, and relocate to the South. After all, who really likes the snow and cold? But, I may have underestimated the power of snow. Snow it seems, whether walked in or skied on, seems to have a wonderful power to remove shitty…
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Twinkle Twinkle Little Star
Do you know what tariffs are? I have never had so many conversations about tariffs in my life. All. Damn. Day. Tariff here, tariff there. It seems that Canadians are all clutching their pearls at the latest tariff announcement from DJT. We all knew this would happen, we all saw the campaign, we all lived…
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CC
After the week that was, I think we can all agree that a drink would be in order. For all you know, I am enjoying some CC while I type this. Somehow we all got through the week, but not without a little volatility. Let’s break down where we go from here. Now, I will…
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Time
There is one thing and one thing only that is truly the great equalizer – TIME. No matter if you are rich or poor, black or white, Christian or Muslim – it makes no difference as we all have 24 hours in a day. Elon Musk runs Tesla, Space X, Starlink and The Boring Company…
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What Are The Odds?
I have never believed in coincidences all my life, but the last couple of weeks are just getting out of hand. The amazing thing about the new changes is that it puts a lot of money into the pockets of mortgage insurers. Between the new insurable cap, and the 30 year am premium, mortgage insurers…