Show notes
Today, we'll break down the renewed surge in global bond yields and what it could mean for interest rates, mortgages, housing, and the broader economy. Long-term yields are climbing across central banks globally, putting renewered pressure on borrowing costs just as households and businesses faces further challenges. We also discuss Canada's slowing population growth and rental market, mounting stress in US housing and multifamily real estate, weakness beneath the surface of the US consumer, and why companies like McDonald's are warning that sticky, elevated food inflation and flat customer traffic are the "new normal".Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!Get Your Tickets Here:Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck Out True North Mortgage's 40-Year Amortization Plan:Visit https://www.truenorthmortgage.ca/ today!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction07:09 BC Election & Canadian Politics18:18 Canada’s Population Growth Slows24:44 Canada’s Rental Market & Long-Term Interest Rates25:05 Global Bond Yields Surge29:34 Bond Market & Mortgage Rates35:09 Canadian Mortgage Rates Move Higher36:23 US Housing Market Problems37:17 US Multifamily Debt Crisis40:20 Loonie Hour Investor Series43:31 Bank of Canada Rate Hikes49:11 Mortgage Renewals & Higher Rates51:05 Energy Prices Are Getting Worse53:59 US Diesel Export Ban58:06 Stock Market Warning Signs01:01:00 McDonald’s, Inflation & Consumer Weakness01:03:14 US Consumer Confidence Plunges01:06:03 The Big Mac Index & InflationDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #inflation
