Stock markets went from a funk to a gush overnight. (The Dow opened a thousand points higher.) Bond yields fell. Gold went up as the US dollar sank. Investors nervously watched a political eruption happening, then piled on. In most quarters of the world there was a collective sigh of relief as it became clear the…
Visit greaterfool.ca → RSS feedOn Hacker News Mar 2017 – Mar 2017
With stocks hitting new all-time highs almost every day, global bond yields at or near zero, and Canadian home prices at nose-bleed levels, it seems like everything these days is in a bubble. This is particularly true for the Toronto housing market with average home prices up 22% Y/Y.