You Need to Lend it and Spend it
Rallying for the wrong reason, not surprising earnings surprise, the cycle and policy
Here is a link to an appearance on BNN in Toronto discussing the macro and fiscal policy outlook.
Another Rally for the Wrong Reason
Early business cycle forces are a powerful tailwind for equities and risky asset and particularly so this cycle given low indebtedness of the household and financial sectors and leading role the high multiplier housing and i…