The Loonie Hour The Tariff War is Escalating Towards a New Monetary System
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Apr 4, 2025 The global tariff war escalates, prompting discussions on its impact on the financial system and market dynamics. With stock prices falling and bond yields rising, experts analyze shifting consumer confidence in the Canadian housing market amid rising interest rates. The effectiveness of government housing initiatives comes under scrutiny, alongside a humorous take on gas price drops linked to carbon tax debates. As trade relationships evolve, the potential for economic restructuring reminiscent of Bretton Woods is examined, highlighting the need for adaptive investment strategies.
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Housing Market Downturn
- The current housing market downturn is driven by increased listings and decreased sales.
- This dynamic is fueled by economic anxieties and delayed selling decisions.
Vancouver Home Prices
- In Vancouver, home prices are flat year-over-year, down only 0.6%.
- This lack of significant price drops isn't incentivizing buyers to return.
Investor Pain in Condo Market
- Most of the real estate market pain is concentrated on the investor side, particularly in the condo market.
- Investors who over-leveraged in a booming market now face negative cash flow and potential losses.