[Roman]

https://vancouversun.com/opinion/columnists/douglas-todd-canadas-housing-market-just-turned-on-its-head-five-things-to-knowhttps://vancouversun.com/opinion/columnists/douglas-todd-canadas-housing-market-just-turned-on-its-head-five-things-to-know

[Roman]

I hope that it’s not true, but it’s possible. A lot of people are overleveraged and definitely are starting to feel the pressure. Next interest rate hike is only 3 weeks away. Let’s see what happens.

US is raising their rates on Wednesday June 15. I’m curious how the markets will react.

[Roman]

The US just raised interest rates as well. 0.75% hike is huge. The markets are addicted to quantitative easing and cheap borrowing, this rate hike will cause a lot of turbulence. I don’t see how they can wane the banks and the markets off of all this stimulus.

https://www.cbc.ca/news/business/us-rate-hike-1.6489696https://www.cbc.ca/news/business/us-rate-hike-1.6489696