Over 30yrs experience helping Professionals & Business owners achieve financial goals. |CFL Alumni |U of Hawaii
Joined November 2024
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Joe Sardo, CFP, CIM🇨🇦 retweeted
🇺🇸 Truflation Daily US CPI is 1.85% YoY today, ⬇️ -0.02%.🇺🇸
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Wow! Age 40 for first time home buyers. Not sure of confirmed Canadian data but I believe that it is similar. What have we done to our younger generation.
@ronmortgageguy
CIO Charts of the Week: Housing affordability continues to be very strained, particularly for the young and lower-income cohorts who are disproportionately being shut out of the housing market as first-time home buyers. Today median age of a first-time homebuyers is 40 years old, up from 33 years old in 2019!
Joe Sardo, CFP, CIM🇨🇦 retweeted
Tom Lee @fundstrat at @RBC Portfolio Management Conference sharing his outlook for 2026 📈🎯
“Wall of Skepticism + New Fed
S&P 500 Year-end: 7,700”
@FundstratCap @fs_insight
Getting harder for CFL teams to recruit US Players (and coaches) as below...BUT also they lose 30% on the currency then another 40ish% in our tax system. Does not leave much after rent and expenses to take home to a family in the USA or offseason spending money. Better to wait it out or they come here for the hope of a NFL tryout.
Another reason for current market valuations and need for lower rates (Deflation?):
Real estate titan Barry Sternlicht says he will ‘have to’ drop employees in favor of AI ----"I think we have to let people go, Jobs of 15 people can be done with a chatbot that costs me $36 a month. "
Recession probability dropping. Lets hope for a soft landing with all the tariff talk moving into the rear view mirror.
Joe Sardo, CFP, CIM🇨🇦 retweeted
Bear markets pale in comparison to bull markets, both in market movement and duration. A good reminder for every long-term investor.
This is why home prices in 🇨🇦 went up and could stabilize for a while. Can builders reduce prices without losses? -- doubtful is my guess.
Who is going to power these AI data centres?
The data centres require enormous amounts of electricity to operate, driven by the power-hungry computer chips they use. For example, Meta’s building a data centre in 2026 called “Prometheus.” It will require the equivalent amount of power of every home in Ottawa.
Joe Sardo, CFP, CIM🇨🇦 retweeted
The 2009 bull market had a near bear market during the middle of year 3.
This current bull market had a near bear market in the middle of year 3.
👀👀👀👀
At least for now the markets think this is a negotiation strategy not a Tariff trade war. As I posted earlier...consumer confidence is at extreme levels.
Source: @fundstrat
To help illustrate the benefits of remaining invested, the chart below shows six hypothetical investment experiences in the S&P 500 (CAD) over the past 20 years. For illustrative purposes, this would include staying fully invested over the period as well as stepping out of the markets and missing 10 or more of the best market days over that 20-year period.
The markets are trying to tell the USA something....The Tariffs help who? Nobody will win in the end.
bloomberg.com/news/articles/… via @markets