CNBC’s Jim Cramer thinks these 18 stocks will beat the index [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
CNBC’s Jim Cramer thinks these 18 stocks will beat the index Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow BMO economist Robert Kavcic seemed much more sanguine about the domestic housing market than I expected in a Thursday report, “The early stages of this downturn on the Canadian housing market will be unique in that both sales and new listings are plunging … If this continues to play out, the impact on prices might be muted for now. Presumably, massive federal income support and mortgage deferral programs will help keep homeowners in their homes, limiting forced selling … Contrast that to 2008/09, when sales fell by almost 40% from the end of 2007 to the 2009 lows, but new listings rose by 15% through the early stages of that period—that’s how you get a quick and meaningful decline in prices… for now, the market looks to be effectively on hold” “@SBarlow_ROB BMO: "Unique Shock for Cdn Housing Market"” – (research excerpt) Twitter
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