Tag Archives: housing market

West Fraser Timber to play HOT housing market.

Back on August 17th, I published an article predicting that the strong housing market, increasing home improvement and renovation activity during the pandemic and rising lumber prices would benefit Canadian lumber stocks. Although no longer a secret, there remains plenty … Continue reading

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There’s more upside yet in lumber stocks.

Back in early February, I posted an article suggesting Canadian lumber stocks were poised to perform.   I mentioned that I’d bought one myself – West Fraser Timber (cost $57.85) – which is now just above $70.  A 22% return over … Continue reading

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Credit Shock due to COVID-19 Unprecedented

This quote is the latest from Moody’s: The credit shock created by the coronavirus pandemic is completely unprecedented, given the number of geographies and industries affected, and the lack of clarity as to when the economic implications of the pandemic … Continue reading

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Optimism markets will rebound fast is just wrong!

Apparently Goldman strategists expect profits for companies in the S&P 500 will decline 33% this year, and rebound 55% next year.  It implies a V-shaped recovery.  Let’s forget that 2021 is a long way off and that their guess is … Continue reading

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Why are mortgage rates REALLY falling? Will this increase home prices?

A recent article posted on CBC Business News was entitled “Why worries about the coronavirus are pushing mortgage rates down.” Below is the explanation: Fixed-rate loans are highly influenced by bond yields, because a mortgage lender makes money on the spread between … Continue reading

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Markets, jobs – wild ride in ‘momentum’ economy!

Let’s talk about momentum in markets first, and then get into the philosophy of ‘growth’ for growth’s sake and it’s impact on the job markets and on the economy. If we look at what’s driving stocks right now, it’s all … Continue reading

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