While we bask in the remaining Dog Days of Summer, and hopefully enjoy improving summer climatic conditions. Must be wishful thinking on the weather.
Lets take a look at what sort of reality is lurking around the corner (crystal balling) past Labor Day.
If you have the feeling that the perils, and chaos in the world are higher now than they were at the beginning of the summer. We share your thoughts...
Agreed, in an interconnected planet/globe/world what happens on the other side, affects this side, and so on.
Lets blame the jet stream for the miserable July we experienced in central Canada.
Cost of Money:
Low rates will remain for quite some time to come. If they do rise it will be by minuscule increments.
Many consumers with good credit are leveraged to the maximum. Think about this for a moment especially if you are in the auto business.
You really want to go there, its been stagnant in Canada for some time. It will remain stagnant, we missed the boat/the train/the plane/the bus. We are hitching rides, and will continue to hitch rides.
Yes...we could have a lengthy discussion.
What happened to "Made in Canada" and lets leave it at that. As consumers we prefer to buy a price, and made on the other side of the planet...to get the cheapest price.
We are well educated, stuffed full of student loans, and the entrepreneurial spirit. We prefer to "import" skilled trades. Its mind boggling.
Will endure to generate the cheapest price that most consumers are seeking.
Its a fine line...how much quality can be packaged in the cheapest price.
Free Flowing Money:
Will continue, everyone is on a roll using OPM (other people's money).
Keeps a bunch of pundits going, in the prime markets it will continue to escalate. For many its not just a house but an investment medium.
Manufacturers will stay "throttled up" till the end of the year. The impact of premium economy will become more apparent. Yes...mid size sedans are being replaced by SUV/CUV's.