No stock picks today.
This is a story to keep an eye on:
- Bloomberg – Why Everyone Is Talking About the Troubles at a Tiny Canadian Lender
- ZeroHedge – This Is What A Bank Run Looks Like: Home Capital Loses 70% Of Deposits In One Week
Here is a good primer on just how crazy the Canadian Housing Bubble has become:
Business Insider – If mortgage rates rise, what happens to Canada housing bubble …
So, what do you think – is this the first prick to the bubble?
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