You are here

United States

David Rosenberg: "This Is A Bubble Of Historic Proportions"

Shortly after we remarked most recently on the unprecedented Canadian housing bubble that has migrated from Vancouver to Toronto, Gluskin Sheff's Chief Economist David Rosenberg joined the growing chorus of calls for government intervention into the Toronto housing market. In an interview on BNN, Rosenberg, who correctly called the U.S. housing bubble in 2005 when still at Merrill Lynch, said the massive deviation from historical norms has him drawing comparisons between the two situations.

The End Game

The End Game

Authored by Kevin Muir via The Macro Tourist blog,

We all know the terrifying debt statistics. We are bombarded every day with bearish reports about the gargantuan Federal debt, and when combined with the growing private sector indebtedness, the monolithic entitlements problem, and the looming pension fund shortage, it is easy to wonder how we will ever get out of this colossal mess.

It Took A War For Trump To Win CNN's Approval: "Trump Became President Last Night"

For CNN, it took a war and pointed, globalist "rhetoric" for Trump to become President of the United States.  Per CNN host Fareed Zakaria on "New Day" this morning:

“I think Donald Trump became president of the United States last night.  I think this was actually a big moment."

 

"Candidate Trump had said that he would never get involved in the Syrian civil war.  He told President Obama you can not do this without the authorization of Congress.  He seemed unconcerned with global norms."

 

Pages