Why Your Kids Can’t Afford a House Home affordability is a function of two primary things: 1) the ability to save enough for a down payment; and 2) having the income required to service the mortgage each month. With housing costs making up the largest part of family expenses, it would naturally be expected that […]
Market Breadth Portends Trouble Ahead; Tech in Crosshairs? Market Breadth – the degree to which all companies in an index contribute to index returns – has been on the decline and is now reaching extremes. Stocks returns tend to be weaker-than-average with deeper declines, when following a sharp narrowing of breadth. The chart below shows […]