1. Marc Faber on Canada, Real Estate and Investing in Canada
Excess global liquidity pushing Canadian Real Estate and other topics. One point Marc makes is that when the US stock market comes under pressure money will begin to flow into resource stocks and a lot of money will flow into Canada.
Stephen Poloz, Governor of the Bank of Canada said they are keeping rates the same for the 15th time in face of uncertainty. Also his views on the economy, challenges from the US including the selloff of their strategic oil reserve and more....
3. The Dollar’s Last Stand
The million dollar question remains, is the 2 year trading range a top or a consolidation pattern to the upside? Up to this point nothing is broken yet in regards to the big picture, but that could change in a heartbeat.