The Default Cycle Has Just Begun – The Loonie Hour #070 - Steve Saretsky

Steve
Saretsky

DATE

2023
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2022
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2021
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The Default Cycle Has Just Begun – The Loonie Hour #070

Steve Saretsky -

February 17, 2023

A big Vancouver Real Estate Developer goes belly up on over $700M in debt. Is this the canary in the coal mine? The Bank of Canada admits they had to pause over extreme household indebtedness. The Fed says disinflation is underway. The yield curve is now the most inverted since the 1980’s.

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The views expressed are those of the author, Steve Saretsky, an Oakwyn Realty REALTOR®, and do not necessarily reflect those of Oakwyn Realty. It is provided as a general source of information only and should not be considered personal investment advice or a solicitation.