Show notes
Bond markets are deteriorating rapidly as yields rise and credit spreads begin to widen across the U.S., Canada, Europe, and Japan. We discuss what tightening financial conditions could mean for housing, equities, the broader economy, as well as the possibility that a short-term recovery in bonds could ultimately prove to be a bear trap. Meanwhile, B.C.’s condo market continues to struggle with thousands of completed and unsold units as developers face mounting pressure. We also discuss Canada’s debt maturity schedule, Saskatchewan's push toward nuclear power, taxes and talent retention, and the renewed debate over immigration and temporary foreign workers.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/looniehourSchedule 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 Introduction04:28 Loonie Hour Investor Series07:26 B.C. Election & David Eby’s Condo Tax10:40 Taxing Unsold New Condos12:31 B.C.’s Growing Condo Inventory14:39 Developers Cutting Prices & Raising Commissions16:19 Why Developers Can’t Simply Slash Prices18:02 Bond Stress Meets the Housing Market19:49 Loonie Hour Investor Series21:39 The Global Bond Selloff23:08 High-Yield Credit Spreads Are Moving26:12 Is a Bond Market Recovery a Bear Trap?27:52 Tightening Financial Conditions30:42 Bond Market Warning Signals33:55 U.S. Economy Complicates the Rate Outlook36:59 Canada’s Coming Debt Maturity Wall38:29 Canada Reshapes Its Debt Profile40:17 Why U.S. and Canadian Bond Yields Differ45:22 Canada Still Doesn’t Have a Budget46:58 Saskatchewan Pushes Nuclear Power50:04 Canada’s Changing Energy Policy51:25 High Taxes & Canadian NHL Teams53:45 Canada’s Talent Retention Problem54:25 Property Tax Freeze for Seniors56:00 Generational Inequality in Canada56:22 Canada’s Immigration Debate Returns01:01:18 Ottawa & Montreal EventsDisclaimer: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 #bondmarket
