Settlement Generates Confidence in Subprime Mortgages Home Capital Group surprised the markets when it announced it reached a settlement to pay $30.5 million to settle allegations from the Ontario Securities Commission (OSC) and a class-action lawsuit.1 The move should help save the beleaguered mortgage lender and breathe life back into the subprime mortgage industry. On […]
Category Archives: Blog
Oil Prices Slide as Supply Glut Remains While many expected oil prices to rebound after Saudi Arabia and Russia announced in May 2017 plans to extend their production cuts initially announced in November 2016,0 this simply hasn’t happened. Since Saudi Arabia and Russia announced plans to extend oil production cuts in May, crude prices have […]
Stocks at Record Levels Despite Fears of a Recession On June 2, 2017, the Dow Jones Industrial Average (Dow) reached a record high closing level of 21,206.29. It was also the first intraday record (21,225.04) since March 1, 2017. On top of that, it was the second consecutive day in which the Dow notched up […]
Soros Takes Bearish Position; Bets Stock Market Will Tumble George Soros, the founder of the $4.5-billion Soros Fund Management LLC, is betting the stock market is going to fall. Soros does not believe U.S. stocks can sustain the Trump rally and expects the S&P 500 and broader markets, which are at record levels, to experience […]
Market Bubbles: A Dire Warning to Investors Investors are used to seeing bubbles forming and bursting; it’s part of the investing cycle. The 2000 stock market crash came about after the stock market bubble popped. The 2008 stock market crash can be blamed on both a stock market bubble and real estate bubble. In 2017 […]
Volatility Low as Concerns of a Stock Market Crash Soars The S&P 500 continues to trade near record levels and market volatility is near record lows despite a raft of indicators suggesting the current bull-market is in jeopardy. Investors have become complacent, stocks are significantly overvalued, and history points to a major stock market correction. […]
Canada Flagged for a Recession Is there a credit crisis brewing in the Canadian economy? Canada may have avoided the same kind of financial crisis that the U.S faced back in 2008 and 2009, but there are signs that it is now on the brink of a financial crisis. In fact, Canada has been flagged […]
The Canadian Real Estate Bubble Canada’s housing market is red hot; it’s so hot that many believe that the country is in a housing bubble. Should that real estate bubble break, like it did in the U.S. in 2008, what will happen to Canadian banks and private lenders with a large exposure to the housing […]
Are Healthcare Stocks a Safe Bet under Trump? U.S. healthcare stocks took a bit of a beating in 2015 and 2016 as uncertainty about the Affordable Care Act (ACA)—otherwise known as Obamacare—continued to flare. But healthcare stocks got some CPR in November 2016 after Donald Trump won the U.S. election. Healthcare stocks have been one […]
U.S. Small-Cap Stocks Underperforming Large Cap Stocks U.S. small-cap stocks (market cap between $200.0 million and $2.0 billion) got a big boost back in November after Donald Trump won the U.S. election. Since the start of December though, small-cap stocks have been trading sideways and are underperforming the broader S&P 500. With Donald Trump’s proposed […]