Feds Prop Up Housing Bubble with Jumbo Mortgages- w/ guest Ron Butler
The federal government shocks the market by pushing CMHC insured mortgages up to $1.5M. The Bank of Canada finally gets inflation back down to 2%. The Federal Reserve surprises markets, cuts rates by 50bps.
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BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.
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