Published by Hilliard MacBeth on Jun 28, 2019
A highly regarded forecaster, who has an excellent track record going back to the 1960s, claims that a recession may have already started in the U.S. There is ample corroborating evidence of a slowdown, as the Federal Reserve abruptly shifted their policy... Read more Published by Hilliard MacBeth on Jun 21, 2019
On Wednesday June 19, 2019, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve Bank announced its decision to hold policy interest rates steady at 2.25% to 2.50%. Market participants are watching the Fed closely to see if rate cuts are... Read more Published by Hilliard MacBeth on Jun 14, 2019
A new book, called “A Brief History of Doom: Two Hundred Years of Financial Crises” by Richard Vague, covers the causes of financial crises. Consistent with my recent book, “When the Bubble Bursts: Surviving the Canadian Real Estate Crash”, Vague finds... Read more Published by Hilliard MacBeth on Jun 07, 2019
This week I visited Toronto, did several interviews and gave a keynote address. The topic was housing bubbles, debt and Canadian banking. So far, the Toronto housing market remains more resilient than in Edmonton, Calgary and Vancouver although there... Read more