Friday, March 14, 2008

Canada Home affordability at worst level since 1990

http://www.rbc.com/economics/market/pdf/house.pdf

Therefore, the prospects for Canadian Real Estate are, Canadian banks will not tighten as their balance sheets deteriorate, that commodities will not collapse, the US does not go deeper into a recession and the world does not follow, and if interest rates do not fall. Canada you probably have a one&four chance.

Global Investment cycles

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This Global Historical probability model is intended for information only and under no circumstances should items be considered as recommendations to purchase or sell investments.
Any statements contained herein that are not based on historical fact are forward-looking statements. Any forward-looking statements represent the Investment advisor’s best judgment as of the present date as to what may occur in the future. However, forward-looking statements are subject to many risks, uncertainties and assumptions, and are based on the Investment advisor’s present opinions and views. For this reason, the actual outcome of the events or results predicted may differ materially from what is expressed. Furthermore, this investment advisor’s views, opinions or assumptions may subsequently change based on previously unknown information, or for other reasons. The Investment advisor assumes no obligation to update any forward-looking information contained herein. The reader is cautioned to consider these and other factors carefully and not to place undue reliance on forward-looking statements.

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