1: The recent lockdowns throughout China are reigniting the process that led to supply chain issues throughout the world. The number of idle ships in Shanghai has skyrocketed over the past few weeks. This means more shipping delays, missing parts and sparse shelves. In other words, higher prices. It’s one thing after another with this inflation problem. […]

Well, let’s start off by saying Canada is f@cked. The chart below compares growth of disposable income and housing prices for the US and Canada. One look at the chart and you can see that something is seriously wrong. Leave a comment The implications are profound. If house prices in Canada don’t decline in a […]

1: Interest rates tend to rise when the economy is doing well. Initially, rising rates don’t slow the economy but over time the pressure builds, forcing businesses to cut back capital investment reducing economic growth. It is often near this point that stocks enter a bear market. This entire process can take months to years […]