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CMHC CEO: Canadians have a debt problem

October 20, 2017 Adam Button 0

That home-equity credit card needs to be paid at some point
The Canadian Mortgage and Housing Corp is a government-backed lender, similar to Fannie and Freddie, and its CEO is worried about too many people using house-price rises to go into debt.
The p…

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Trump: Taylor and Powell together at the Fed an option

October 20, 2017 Adam Button 0

Trump on Fox Business
– Says both ‘very talented’
– Says he likes Yellen ‘a lot’
Forgotten in the talk about the race for the Fed chair is that there is also a race for the Vice-Chair and someone in the top-5 will likely be offered the role.
The post …

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Baker Hughes US oil rig count 736 vs 743 prior

October 20, 2017 Adam Button 0

Weekly oil and gas drilling rigs from Baker Hughes
– Prior was 743
– Natural gas 177 vs 185 prior
– Total rigs 913 vs 928
There is definitely some contraction going on.
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