TOPDOWN CHARTS

I wanted to revisit this topic, as some of the data have been updated - and it doesn't make things look any better for this group.  Firstly - the "SCANNZ Economies" stands for Sweden, Canada, Australia, Norway, and New Zealand.  Think of it as another kind of fragile 5...

You've probably heard of the "BRIC Economies" - the kings of the new paradigm in emerging markets, and no doubt are sick of hearing about the "PIIGS Economies" - the Eurozone crisis culprits, but have you heard of the "SCANNZ Economies"?  This grouping of: Sweden, Cana...

In this video we look at the "CANZ economies" (Canada, Australia, and New Zealand) and the implications of them all sharing a common problem of overvalued property markets and overleveraged households.  The video walks through a couple of slides of a recent edition of...

The Bank of Canada hiked interest rates another 25bps to 1.00% today, surprising most.  As noted last time (following the July interest rate hike)  Canada's housing market is running hot, and has all the hallmarks of a property price bubble.  We've looked at the C...

The Bank of Canada has joined the Fed in embarking on the road to monetary policy normalization, hiking the benchmark monetary policy rate +25bps to 0.75%. This comes at a time as Canada's property market is being increasingly labelled a bubble.  Indeed the second char...