Danielle Park

The US is at the high end of its 20-year forward price-to-earnings multiple, but it is not the only highly valued market today.

The US (in light blue below, courtesy of The Daily Shot) is at the high end (see diamond) of its 20-year forward price-to-earnings (PE) multiple, but it is not the only highly valued market today. New Zealand is the most expensive, and Canada (in yellow) is also near the high end of its historic range. Only a handful of emerging markets (on the far right of the chart) are near historic low valuations.

direct video link. Personal insolvency trustee Doug Hoyes explains Canada's data this way

Market interest rates have been climbing as the Middle East conflict puts upward pressure on oil prices and inflation expectations. Read more here.

direct video link. CMHC Mortgage Survey: Renewals Hurt, Default Fears Fall. The Bank of Mom and Dad Grows CMHC surveyed 4,112 Canadians who completed

The segment below offers some real talk about the madness that passed as investing savvy in Canadian real estate over the last decade. Until the ‘easy money' tide goes out, most have no idea how ill-advised and self-destructive their behaviours are. Revelations tend to spread as prices drop and losses compound.

Human domination relies on large-scale cooperation among strangers, which is sustained by bureaucratic systems – such as laws, finance, religion – designed to build trust. Since AIs are ‘native bureaucrats', they can effortlessly remember all laws, transactions, and scriptures far better than any human. This leaves AI uniquely placed to take over critical processes, such as granting bank loans, deciding university admissions, determining prison sentences, and executing military strikes. Are we prepared? Here is a direct video link.

But if companies eventually replace too many workers with AI, will there be enough people left with a paycheck to continue buying goods and keep the economy going?

The US stock market's rally to new highs has been propelled by so few stocks that it's reminding some on Wall Street of the runup to the dot-com bubble. George Noble, Managing Partner of Noble Capital Advisors, discusses the AI trade and how he believes the coming bust would be much worse than the dot-com bubble fallout. Here is a direct video link.

On this episode of the WTFinance podcast I had the pleasure of welcoming back Mike Green.