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Trusts($TRSTS) > Forum $TRSTS > Bear coming out of hibernation.... View modes: 
  • Bear coming out of hibernation....

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    3 stars

    Shoulder season. Profit taking. Accumulating some cash from selling last week. Bear showing its teeth as one gets too complacent with positive market...stock momentums. The China syndrome is not helping...lower U.S. buck and falling housing prices in U.S. along with increasing consumer debt......

    Concerning Canada. How much longer will young people be able to withstand astranomical mortgages and housing prices in Calgary...Edmonton...Fort McMurry. I heard many under stress and the quality of life is suffering. A 900 sq foot war time houses selling for over 300 grand. I have been told if my pad was located there it would be worth over 1 million. I talked to one Newfoundlander who said he had a better life living in Newfoundland on unemployment insurance than on a 45 buck an hour job in Calgary....just couldn't make ends meet. Somethings gonna give.
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