Lead-Lag Live

Navigating the Canadian Housing Bubble: Expert Insights with Hilliard MacBeth


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With an impressive career spanning over four decades, Hilliard MacBeth, an esteemed investment advisor, joins us to offer her expert analysis on the Canadian housing bubble. She offers a glimpse into the looming perils of the housing bubble on the brink of burst, fueled by factors such as high household and corporate debt, the pandemic, and the government's financial support. MacBeth's expert perspective heralds a potential housing crisis resultant of unaffordable housing and escalated interest rates.

Shining the spotlight on the Canadian housing market, the discussion further explores unique traits such as the prominence of variable rate mortgages and the role of mortgage insurance. We scrutinize the potential fallout on Canadian banks if the housing bubble bursts and contemplate the decreasing number of insured mortgages. This leads us to a thorough discussion on the health of the Canadian banking system, potential areas of concern, and the repercussions a housing market crash could have on the banks.

The conversation evolves to engage with the current state of the market, weighing whether we're amidst a bear or bull market, and the influence of the Federal Reserve. Navigating through the uncertainty, we share our strategies for asset management, highlighting the importance of staying invested and adjusting exposure, whilst resisting the crowd's influence. We conclude by underlining the significance of experience and wisdom in the market, especially during a bull market. This episode is a treasure trove of insights and advice from Hilliard MacBeth - a must-listen for anyone interested in the complexities of the housing market and the broader financial landscape.

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Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. 

The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.

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Lead-Lag LiveBy Michael A. Gayed, CFA

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