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It's looking like an unsettling spring in Canadian housing, a market that has proven far more even-keeled and less scary for investors in recent years than in the United States.In what is traditionally the best season of the year for real estate agents, Toronto agent Ecko Jay says the industry is seeing far fewer buyers, a result of tighter lending rules, high prices and fear of a bubble. In Toronto alone, sales dropped 40 percent in the first quarter from a year earlier, making homeowners and investors jumpy."Some people want to cash in and pull out now," said Jay, a 26-year veteran of the Toronto housing market, noting some are spooked by worst-case predictions of a 20 percent drop in prices from current levels."They say, 'Before it gets low, let's sell,'" Jay added. "And some of my clients want to sell and rent, hoping that when it goes down they will pick up something at a better price. Nobody has a crystal ball."But then there are Canadian policymakers, economists and market watch...
Gary Kaltbaum of Kaltbaum Capital Management argues the market rally is Fed driven.
Pimco's Bill Gross says investors who believe double-digit market returns will continue are irrationally exuberant and warns they better lower expectations on all as...
It was point-counterpoint for the U.S. Federal Reserve on Wednesday.After Fed Chairman Ben Bernanke spent Tuesday and Wednesday telling Congress the central bank wil...
Former Fed Vice Chair Alan Blinder on the impact of Federal Reserve policy.
Roughly one million Americans are receiving less Social Security than they were expecting, and the group includes teachers, firefighters, police officers, college pr...
Mesirow Financial deputy chief economist Adolfo Laurenti on monetary policy and interest rates.
Former Reagan Budget Director David Stockman on what needs to change about U.S. economic policies.
Former Reagan Budget Director David Stockman on the impact of government policies on the U.S. economy.
FBN's Liz MacDonald weighs in on equity fund inflows.
Equity mutual fund inflows totaled a whopping $20.7 billion for January alone, the largest amount since April 2000, and when you factor in both stock mutual and exch...
As it seeks a new chief to lead it out of a negotiating death-spiral, the World Trade Organization looks doomed to be fatally undermined by new global carve-ups that...
Merk Investments CIO Axel Merk on the markets and economy.
U.S. Federal Reserve Chairman Ben Bernanke will miss the annual Jackson Hole monetary policy symposium this year due to a scheduling conflict, skipping the prestigio...
It is your first day as the new U.S. Federal Reserve chief: the main interest rate is 4.50 percent, the economy is overheating and the task is to keep inflation and ...
From Washington and Brussels to Tokyo and Zurich, central bankers around the world have united to take extraordinarily aggressive action aimed at boosting demand for...
Stifel Nicolaus portfolio manager Kevin Caron on whether the low VIX indicates complacency in the market.
U.S. stocks were mixed Tuesday, with the Dow Jones Industrial Average extending its winning run into an eighth session, and the S&P 500 within reach of its all-time ...
U.S. stocks were little changed on Tuesday following a seven-session winning run that had the Dow Jones Industrial Average hitting an all-time high."This is the 24th...
With the jobs market showing signs of healing, economists think they know what's next for monetary policy: the Federal Reserve will at some point taper its monthly b...
