Is Canada Really “In Serious Trouble”: Goldman Responds

One week after we channeled Deutsche Bank’s Torsten Slok, who two years ago warned that “Canada is in serious trouble“, a warning which was especially resonant after last week’s rate hike by the Bank of Canada – the first since 2010 – which we argued threatens to burst Canada’s gargantuan housing bubble…

This post was published at Zero Hedge on Jul 19, 2017.