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-2000313438341
Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402
Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour
Check 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: steve@stevesaretsky.com
Stay 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/looniehour
Timestamps:
00:00 Introduction
07:09 BC Election & Canadian Politics
18:18 Canada’s Population Growth Slows
24:44 Canada’s Rental Market & Long-Term Interest Rates
25:05 Global Bond Yields Surge
29:34 Bond Market & Mortgage Rates
35:09 Canadian Mortgage Rates Move Higher
36:23 US Housing Market Problems
37:17 US Multifamily Debt Crisis
40:20 Loonie Hour Investor Series
43:31 Bank of Canada Rate Hikes
49:11 Mortgage Renewals & Higher Rates
51:05 Energy Prices Are Getting Worse
53:59 US Diesel Export Ban
58:06 Stock Market Warning Signs
01:01:00 McDonald’s, Inflation & Consumer Weakness
01:03:14 US Consumer Confidence Plunges
01:06:03 The Big Mac Index & Inflation
Disclaimer:
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
