Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.
— Read on www.visualcapitalist.com/mapped-which-cities-have-bubble-risk-in-their-property-markets/
Tag: Bubble
‘Risks of a market bubble are growing,’ warns Morgan Stanley – MarketWatch
The Federal Reserve’s easy monetary policy and the spike in the pace of inflation have left investors with negative real interest rates, which are fuel for…
— Read on www.marketwatch.com/story/risks-of-a-market-bubble-are-growing-warns-morgan-stanley-11636406267
Toronto Housing Bubble in 1989 | Toronto Condo Bubble
Toronto Housing Bubble in 1989 | Toronto Condo Bubble
— Read on www.torontocondobubble.com/2013/02/toronto-housing-bubble-in-1980s.html
1989-1996 Canadian Housing Collapse Looks Eerily Similar to Today | DumbWealth
Canadian home prices fell from 1989-1996 taking 13 years to recover. At that time immigration, falling rates and reduced inventory didn’t help.
— Read on dumbwealth.com/1989-1996-canadian-housing-collapse-looks-eerily-similar-to-today/
Canada should prepare housing fixes but not act yet: BMO CEO – BNN Bloomberg
Canada should prepare housing fixes but not act yet: BMO CEO – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canada-should-prepare-housing-fixes-but-not-act-yet-bmo-ceo-1.1587327
Banks have the tools to deflate a housing bubble – BNN Bloomberg
Banks have the tools to deflate a housing bubble – BNN Bloomberg
— Read on www.bnnbloomberg.ca/banks-have-the-tools-to-deflate-a-housing-bubble-1.1579474
36% of young Canadian adults have given up on owning home: RBC survey – BNN Bloomberg
36% of young Canadian adults have given up on owning home: RBC survey – BNN Bloomberg
— Read on www.bnnbloomberg.ca/36-of-young-canadian-adults-have-given-up-on-owning-home-rbc-survey-1.1589094
Larry Berman: Evidence of a melt-up bubble is growing, caution signals are rising – BNN Bloomberg
Larry Berman: Evidence of a melt-up bubble is growing, caution signals are rising – BNN Bloomberg
— Read on www.bnnbloomberg.ca/larry-berman-evidence-of-a-melt-up-bubble-is-growing-caution-signals-are-rising-1.1589052
China Stock Index Tops 2015 Bubble Peak, Closes at 13-Year High
(Bloomberg) — China’s stock benchmark has ended above its 2015 bubble high, marking a recovery from one of the country’s worst equity crashes.The CSI 300 Index rose 1.9% at the close on Tuesday, surpassing the 5,353.75-point mark from June 8, 2015. That is its highest since 2008. The gauge has surged more than 50% since a low in March last year, a rally that accelerated after Beijing made it easier to buy stocks using borrowed money. That advance helped push the value of China’s domestic equities to a record $11 trillion.China’s stock benchmark outpaced MSCI Inc.’s global benchmark by the most in six years in 2020, with savers funneling cash into thousands of new stock funds after some popular wealth products suffered their first-ever losses. The bullishness was reinforced by a strong currency, as well as data showing China’s economy was rebounding faster than other major economies from the virus pandemic.“Investors are willing to pay for the biggest companies in a sector amid what could be considered asset scarcity so the CSI 300, which best represents such quality stocks, is outperforming,” said Shi Junbo, founder of Hangzhou Xiyan Asset Management Co.After Chinese stocks peaked in 2015, a tumble over the next three months erased more than $5.2 trillion in value as sellers scrambled to liquidate margin trades. Policy makers took some steps to slow the rally in July last year, after a sudden rally and a surge in turnover invited comparisons to the start of China’s last stock bubble.This time the gains will be more sustainable, according to market watchers. Citigroup Inc. analysts including Pierre Lau raised their target for the CSI 300 Index to 5,525 points, while Morgan Stanley analysts including Laura Wang set a year-end target of 5,570 for the gauge.The outstanding value of margin debt on the nation’s stock exchanges rose by 23.9 billion yuan ($3.7 billion), the biggest gain since July 13, according to Bloomberg-compiled data as of Monday. That took the total amount past 1.5 trillion yuan for the first time in five years.One attraction for investors now is that stocks look cheaper than at the height of the bubble in 2015. The CSI 300 Index is trading at 16 times estimated forward earnings, compared to a multiple of more than 19 back then.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
— Read on ca.finance.yahoo.com/news/china-stock-index-tops-2015-070225765.html
Mark Cuban says here’s how you’ll know the market has topped
“I think interest rates will tell us what’s going to happen next in the market,” billionaire Mark Cuban told CNBC.
— Read on www.cnbc.com/2020/01/22/mark-cuban-says-heres-how-youll-know-the-market-has-topped.html