Bryan Tuckey, CEO of the Building Industry and Land Development Association, joins BNN’s Greg Bonnell for a look at recent numbers out of Altus Group and BILD that reveal the scarcity of land on which to build any new housing in 2017.
A basket of stocks made up of companies of which Trump’s Cabinet choices are board members is outpacing the market since the election.
MacroMavens provides macroeconomic research and commentary to the institutional investment community. Stephanie Pomboy President
Japanese Prime Minister Shinzo Abe won parliamentary approval Friday for ratification of the Trans-Pacific Partnership, despite U.S. President-elect Donald Trump’s plan to withdraw from the 12-nation trade pact.
Canada Pension Plan Investment Board Chief Executive Officer Mark Machin is sending his team scouring the globe in search of reasonably-priced assets, as both equities and alternative investments have soared in value amid the low interest rate environment. In an interview on BNN, Machin said the nation’s largest pension fund has gotten creative in its search for assets in a bid to avoid lofty entry prices.
The U.S. and China both could be seriously hurt if Trump’s rhetoric turns into economic retribution by either side.
Jim Cramer braced investors for the other side of the Trump rally, as many digest the losing side to the trade.
Source: Cramer: ‘I smell a trade war’