Fort McMurray Fire

My friend and I were having breakfast at our favorite local “ABC” restaurant,  when he brought the fire news to my attention. I was already reading some news about it, but this fire is bigger than many think, and they are saying it can impact oilsands production and even the GDP. 

It will remain to be seen if this fire affects real estate prices across Canada, bursting the great Vancouver real estate bubble. Sometimes events like this can be so large and psychologically important that it marks certain time periods. 

 

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No wonder nobody wants to buy stocks, why should they as the SFD are rising 1.4% per month.