You are here

Human Interest

Tony Robbins, Pitbull And 5 Other Signs That Toronto Real Estate Is About To Crash

If Tony Robbins and Pitbull come to your town to present you with 'an offer you can't refuse' to buy residential real estate after it's already surged over 200% in the past decade and 30-40% in the last year, that should be all the evidence you need to do the exact opposite.  If, however, you're the type of person that doesn't easily pick up on the 'subtle' market cues then here's a couple more reasons to avoid Toronto real estate at all costs.

http://www.macleans.ca/video/iframe/13639244001/VJjIBwmqg/5389510190001

Mediocre Demand For Today's Tailing 10Y Auction

Mediocre Demand For Today's Tailing 10Y Auction

One day after an otherwise strong 3Y auction saw the biggest tail in months, moments ago the Treasury sold $20 billion in benchmark, 10Y paper which like in yesterday's case, saw no shortage of collateral ahead of pricing, trading +0.50% in repo. And since there was no physical squeeze going into the auction, it was hardly a surprise that today's 10Y auction likewise tailed by 1bps, printing at 2.332%, wider than the 2.322% When Issued, and while it was well below last month's 2.56%, it was above the 6 month average of 2.26%.

The Rise and Fall of Crazy Eyes

The Rise and Fall of Crazy Eyes

.....then.......

...........then......

[image]https://slopeofhope.com/wp-content/uploads/2017/04/0406-broke.png[/image]

.......and, finally..........

[image]https://slopeofhope.com/wp-content/uploads/2017/04/0406-owes.png[/image]

All of which proves, if you're going to be a complete screw-up and try to glide by on your blonde hair alone, you really need to learn from the mistress of them all.

Pages